Tag #Financial Crisis

Showing 1 to 12 of 83 results

elpais.com
🌐 85% Global Worthiness
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Colombia Extends Intervention of Troubled Health Provider Nueva EPS

Colombia's Superintendencia de Salud extended the intervention of the Nueva EPS health maintenance organization for another year due to unresolved financial issues, a \$1.2 billion debt to providers, and rising complaints, despite government intervention in 2024.

Progress

36% Bias Score

Good Health and Well-being
elpais.com
🌐 75% Global Worthiness
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UBS: Mexico Recession Risk Rising, but No Major Crisis Expected

UBS downplayed recession fears in Mexico despite increased risk from US tariffs, citing strong macroeconomic fundamentals, low public debt, and a flexible exchange rate, contrasting with the OECD's prediction of a 1.3% contraction in 2025.

Progress

48% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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EU Court Upholds Most Fines on Banks in Bond-Trading Cartel Case

The EU General Court largely confirmed fines against six banks, including Unicredit (€65 million), for participating in a bond-trading cartel during the 2007-2011 financial crisis, with the cartel operating via Bloomberg chat to coordinate pricing and trading strategies.

Progress

32% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Kennedy Center Implements Turnaround Plan Amidst $72 Million Debt

The Kennedy Center, burdened by a $72 million debt due to past leadership's mismanagement, is implementing a financial recovery plan under new leadership, which includes increased fundraising, improved ticket sales, and exploring new revenue streams, while facing challenges from canceled shows due t...

Progress

72% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Trump's 2024 Candidacy: A Potential Market Trigger

A potential Donald Trump presidency in 2024 poses a significant risk to global markets due to his past policies and unpredictable nature, potentially causing a market correction and global recession, mirroring the unsustainable boom-and-bust cycle described in *The Great Gatsby*.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Nissan Appoints New CEO Amidst Financial Restructuring

Nissan announced that Iván Espinosa will replace Makoto Uchida as president and CEO on April 1st, as part of a restructuring plan to address significant financial losses stemming from declining sales in key markets, including a 20% global production cut and 9,000 job losses.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Aston Martin to Sell F1 Stake, Raise £125 Million to Counter Losses and US Tariffs

Aston Martin announced plans to sell its minority stake in the Aston Martin Aramco Formula One team for at least £74 million and will receive an additional £52.5 million investment to offset a £289.1 million loss in 2024 and counter new US tariffs impacting its gross profit by up to £30 million.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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9 Million Student Loan Borrowers Delinquent Post-Pandemic Pause

Following a three-year pandemic payment pause, 9.2 million Americans are now delinquent on their student loans, representing a 43% delinquency rate among borrowers and over \$250 billion in delinquent debt; this surge is impacting credit scores and broader economic stability.

Progress

56% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Frankfurt Investigates KEG's Liquidity Crisis, Sparking Oversight Debate

Frankfurt's city council will investigate the liquidity crisis of the KEG, a 50% city-owned company, after a €10 million bridging loan was approved to avert insolvency; the CDU criticizes the city's oversight and proposes changes.

Progress

52% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 65% Global Worthiness
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German Climbers Launch Fundraising Campaign Amid Funding Cuts

Facing funding cuts from the DAV and German Sports Aid, German elite climbers, including Olympic starter Lucia Dörffel and Alexander Megos, launched a social media fundraising campaign to cover competition and training costs, warning that careers are at stake.

Progress

36% Bias Score

Reduced Inequality
liberation.fr
🌐 90% Global Worthiness
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Trump-Musk Policies Trigger Market Crash, Billionaire Losses

Erratic policies by US President Trump and Elon Musk since January 20th, 2024, have caused a significant market crash, impacting stocks (Tesla down 50%, Trump Media down 50%), cryptocurrencies (Bitcoin down 23%, Ethereum down 43%, Trump Coin down 74%), and resulting in a $209 billion loss for billio...

Progress

64% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Hudson's Bay Restructuring: Gift Cards Active, Loyalty Points Suspended

Hudson's Bay, facing financial crisis and court-ordered restructuring, has temporarily suspended its loyalty program impacting $58.6 million in points; however, its $24.3 million in gift cards remain active.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 83 results