Tag #Economic Instability

elpais.com
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France Forms New Government Amidst Economic and Political Crisis

France's new government, led by Prime Minister François Bayrou, was announced on Monday, incorporating prominent figures from across the political spectrum. The cabinet aims to address a severe political blockage primarily centered on the 2025 budget, and France's high public debt of €3.3 trillion (...

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52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Loonie Falls Below 70 Cents Amidst US Dollar Strength and Tariff Threats

The Canadian dollar fell below 70 US cents due to US Federal Reserve actions, US tariff threats against Canada, and Canadian political instability; analysts predict continued weakness unless US dollar weakens or tariffs fail to materialize.

Progress

44% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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France Averts Government Shutdown with Emergency Budget Law

France's outgoing government will pass a short-term law on December 11th to prevent a government shutdown after a no-confidence vote blocked the 2025 budget; the law temporarily maintains essential financial operations until a new budget is approved.

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36% Bias Score

No Poverty
mk.ru
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Global Cost of Living Crisis: Economic Hardship in Developed Nations

Rising global living costs are creating widespread hardship, particularly in developed nations where the middle class is struggling. Political decisions, including energy policy and geopolitical choices, have worsened the crisis leading to unprecedented social and political challenges.

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52% Bias Score

No Poverty
dw.com
🌐 85% Global Worthiness
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France's Fiscal Deficit and Political Instability Threaten Economic Stability

France faces an economic crisis due to a high fiscal deficit (over 6%), political instability following early parliamentary elections, and a loss of competitiveness against China, despite positive growth and low unemployment.

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48% Bias Score

lexpress.fr
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France's Political Instability Cripples its Economy

France's political turmoil, characterized by potential government collapse and lack of credible alternatives, is severely damaging its economy, as evidenced by a more than doubled interest rate spread against Germany and investors shifting towards Mediterranean countries instead.

Progress

56% Bias Score

elpais.com
🌐 85% Global Worthiness
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Failed Colombian Financing Law to Cause Widespread Hardship

The failure of Colombia's Financing Law will cause cuts to housing, education, and electricity subsidies, impacting vulnerable populations and potentially leading to increased social unrest, similar to the 2021 protests but potentially more severe.

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60% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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BIS Warns of Global Economic Crisis Due to Soaring Public Debt

The Bank for International Settlements (BIS) warns of a potential global economic crisis due to rising public debt, projected to reach \$130 trillion by 2028, urging immediate policy action.

Progress

36% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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France Faces Unprecedented Budget Crisis, Requiring Special Law

France will end the year without a budget for the first time in 45 years, forcing a special law to ensure the continuity of state services; the current budget failed due to political disagreements, missed deadlines, and an inability to agree on deficit reduction measures.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
lemonde.fr
🌐 85% Global Worthiness
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French Government Collapse Jeopardizes €400 Million in Agricultural Funding

The French government, led by Prime Minister Michel Barnier, fell on December 4, 2024, due to a no-confidence vote, jeopardizing €400 million in agricultural support measures and prompting concerns from the FNSEA about the impact on farmers.

Progress

36% Bias Score

kathimerini.gr
🌐 85% Global Worthiness
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French Government Faces Collapse Over Budget Dispute

France's center-right government faces a likely collapse due to no-confidence votes from the far-left and far-right over the 2025 budget, triggering economic instability marked by increased borrowing costs and a drop in the euro.

Progress

44% Bias Score

liberation.fr
🌐 85% Global Worthiness
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French Minister Offers Budget Concessions to Avert Crisis

French Finance Minister Antoine Armand offered concessions on the budget, primarily concerning an electricity tax increase, to prevent a government collapse and the resulting economic crisis, as threatened by the Rassemblement National and left-wing parties who would vote no confidence.

Progress

52% Bias Score