Tag #Economic Crisis

Showing 97 to 108 of 505 results

abcnews.go.com
🌐 85% Global Worthiness
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Cuban Minister Resigns After Denying Begging Amidst Economic Crisis

Cuban Minister of Labor and Social Security Marta Elena Feitó Cabrera resigned Tuesday after sparking outrage for denying the existence of beggars in Cuba, citing an economic crisis that has reduced pensions to about $5 USD monthly, leading to increased poverty and visible begging.

Progress

36% Bias Score

No Poverty
pt.euronews.com
🌐 85% Global Worthiness
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France Announces €43.8 Billion Austerity Plan

The French government plans €43.8 billion in cuts to reduce the deficit from 2026, including freezing pensions and reducing retiree subsidies, resulting in opposition and potential social unrest.

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56% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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Soaring US Debt Fuels Global Financial Concerns

The US national debt has doubled to \$36.6 trillion in 10 years, causing international concern; rising interest payments and a potentially unsustainable fiscal position raise the risk of future crises.

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40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Post-WWII German and Japanese Economic Recovery from Hyperinflation

Germany and Japan overcame post-WWII hyperinflation in 1949 by adopting 'cash-only' government budgets, eliminating deficit spending, and significantly reducing taxes after initially high rates, resulting in rapid economic growth and increased tax revenue.

Progress

60% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Welfare Defeat Forces Potential Tax U-Turn

Labour's plans to cut welfare payments were defeated by its own MPs, forcing a potential tax increase despite earlier promises, thus exposing internal divisions and potentially damaging the party's credibility.

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64% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Thyssenkrupp Faces Union Backlash Over Proposed Steel Division Cuts

Thyssenkrupp's management proposed eliminating holiday and Christmas bonuses, implementing a pay freeze, and reducing weekly working hours from 34 to 33 without compensation, prompting strong criticism from IG Metall amid a planned reduction of 11,000 jobs.

Progress

48% Bias Score

Decent Work and Economic Growth
lemonde.fr
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Bayrou's 43.8 Billion Euro Plan to Tackle France's Debt Crisis

French Prime Minister François Bayrou unveiled a 43.8 billion euro recovery plan for 2026, featuring spending cuts, tax increases, a freeze on benefits, and the elimination of two public holidays, to combat France's debt crisis and enhance competitiveness, despite facing significant political opposi...

Progress

56% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 85% Global Worthiness
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US National Debt Doubling Sparks International Concerns

The US national debt has doubled to \$36.6 trillion in 10 years, prompting international concern about US fiscal policy and potential future crises, despite current assessments that a crisis is not imminent. Experts like Kenneth Rogoff predict high inflation within 5-7 years.

Progress

48% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Rising US Debt Fuels Global Market Concerns

The soaring US national debt is alarming international capital markets, with financial institutions expressing distrust in US fiscal policy; although an immediate crisis is unlikely, experts warn of a significant risk within a few years, potentially causing debt-fueled inflation and impacting the US...

Progress

36% Bias Score

Reduced Inequality
welt.de
🌐 65% Global Worthiness
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Thuringia's Budget Cuts Impact Adult Education Programs

Thuringia's €214 million budget deficit for 2025 resulted in cuts to adult education, impacting planned and 'public interest' projects. Organizations like Spawnpoint faced temporary staff layoffs due to delayed funding, highlighting the vulnerability of smaller programs.

Progress

24% Bias Score

Quality Education
kathimerini.gr
🌐 75% Global Worthiness
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Greek Clientelism Persists Despite Scandals: European Authorities Expose OPAPE Corruption

The OPAPE scandal, exposed by European authorities, reveals the persistence of clientelism and vote-buying in Greece, highlighting a systemic failure to reform despite past economic crises and suggesting a bleak outlook for future change.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Ferguson Shipyard Needs £25 Million to Survive

The Ferguson Marine shipyard in Port Glasgow urgently needs £25 million to secure its future, facing a lack of work after next year despite possessing high-quality shipbuilding skills, owing to decades of underinvestment and recent governance issues.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 505 results