Tag #Economic Crisis

welt.de
🌐 75% Global Worthiness
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"German States Pressure Federal Government for Economic Crisis Solutions"

"Germany's state premiers are urging the federal government for rapid solutions to the economic crisis, proposing lower energy prices, reduced flight taxes, and streamlined data access via NOOTS to stimulate the economy and attract skilled workers."

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Thyssenkrupp Steel to Cut 11,000 Jobs, Close Plants

Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, including the closure of its Kreuztal-Eichen plant and potential closure of its Duisburg plant, impacting over one-third of its workforce and exacerbating unemployment in the already economically challenged Ruh...

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52% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Thyssenkrupp to Close Kreuztal Plant, Threatening 500 Jobs and Regional Economy

Thyssenkrupp plans to close its Kreuztal Eichen steel plant, impacting 500 employees and potentially causing a domino effect across the Siegerland region, as part of a broader plan to cut 11,000 jobs by 2030, raising concerns about regional economic stability and Germany's steel industry's future.

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44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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"Northvolt Bankruptcy Jeopardizes Germany's 600 Million Euro Battery Investment"

"Germany faces a setback in its electric vehicle strategy as Swedish battery producer Northvolt, which received 600 million euros in German funding for a planned factory in Heide, Schleswig-Holstein, declared bankruptcy in December 2024, raising questions about the government's investment strategy a...

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60% Bias Score

Industry, Innovation, and Infrastructure
t24.com.tr
🌐 75% Global Worthiness
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Turkish Union Protests Insufficient Salary Increases Amidst Inflation Crisis

HÜR-SEN protested in front of Turkey's Ministry of Labor and Social Security, demanding a comprehensive salary increase for public sector employees and retirees, citing a significant gap between the official inflation rate and the actual cost of living, and the non-inclusion of additional payments i...

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56% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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Mahama Projected to Win Ghana's Presidential Election

John Mahama, Ghana's opposition candidate, is projected to win the presidential election with 61% of the vote from 12 of 16 regions, marking a significant comeback after losing the 2020 election amidst the nation's worst economic crisis in a generation.

Progress

36% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Thyssenkrupp Steel to Cut 11,000 Jobs, Close Kreuztal Plant

Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, close its Kreuztal plant, and reduce Duisburg production capacity due to cheaper Asian imports, declining automotive demand, and insufficient past investment, severely impacting the Ruhr region.

Progress

32% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Portugal Calls for EU Spending Rule Revision Amidst Crisis Concerns

Portugal's finance minister is urging the EU to revise its recently adopted spending rules to allow for greater flexibility in handling unforeseen circumstances, such as armed conflicts or climate-related disasters, amid political uncertainty in major EU countries and pressure to meet NATO's defense...

Progress

40% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Duro Felguera Files for Pre-Bankruptcy Amidst \$413 Million Algerian Dispute

Duro Felguera, a Spanish engineering firm, filed for pre-bankruptcy in Gijón, Spain, on Wednesday, December 6, 2024, to negotiate a restructuring plan with creditors after an Algerian energy company, Sonelgaz, claimed \$413 million due to a suspended power plant project.

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44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Mahama Wins Ghana's Presidency in Landslide Victory

John Mahama won Ghana's presidential election with 56.6% of the vote, defeating Vice President Mahamudu Bawumia amid the country's worst economic crisis in decades; the high voter turnout of 60.9% signals a significant shift in political sentiment.

Progress

40% Bias Score

No Poverty
zeit.de
🌐 65% Global Worthiness
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"Hesse Announces €38 Billion 2025 Budget with Austerity Measures"

"Hesse's 2025 budget projects €38 billion in spending and €36.8 billion in revenue, resulting in €670 million in new debt. To offset declining tax revenue and rising costs, the government plans to delay civil servant pay raises, leave vacant positions unfilled (except in key areas), and use €500 mil...

Progress

40% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
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Stellantis Layoffs Spark Italian Protests

On Tuesday, Stellantis workers will protest 97 layoffs at Trasnova in Rome, coinciding with a Mimit meeting; further layoffs are planned at Melfi's Teknoservice and Logitech by January 2, 2025, prompting government intervention and highlighting broader industry challenges.

Progress

48% Bias Score

Decent Work and Economic Growth