Tag #Financial Crisis

Showing 1 to 12 of 169 results

edition.cnn.com
🌐 85% Global Worthiness
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US Extends $20 Billion Lifeline to Argentina Amidst Economic Crisis

The Trump administration is providing a $20 billion financial lifeline to Argentina, aiming to stabilize its economy and support President Javier Milei, despite the intervention contradicting the administration's usual foreign policy stance.

Progress

52% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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ECB Recommends Holding 72 Hours of Cash for Emergencies

The European Central Bank (ECB) advises European citizens to keep enough cash to cover essential needs for 72 hours, citing instances where digital systems fail during crises like the COVID-19 pandemic and the 2022 Ukraine invasion.

Progress

36% Bias Score

No Poverty
elpais.com
🌐 85% Global Worthiness
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Argentina's Soaring Country Risk: Investor Confidence Plummets Amidst Economic Turmoil

Argentina's country risk index surged 16.6% to 1453 basis points, reflecting dwindling investor confidence in President Milei's economic policies, as the central bank spent $432 million in two days to defend the peso and the government faces looming debt payments.

Progress

52% Bias Score

No Poverty
t24.com.tr
🌐 85% Global Worthiness
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Turkey's Citizen Debt Exceeds 5 Trillion TL Amidst Economic Crisis

Data from the Turkish Banks Association reveals that Turkish citizens' total debt has surpassed 5 trillion TL due to the deepening economic crisis, with credit card debt accounting for a significant portion.

Progress

20% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Spirit Airlines Re-enters Bankruptcy

Spirit Airlines, a Florida-based budget carrier, filed for Chapter 11 bankruptcy protection for the second time in a year, citing mounting losses and dwindling cash despite a previous restructuring effort.

Progress

28% Bias Score

Decent Work and Economic Growth
genova.repubblica.it
🌐 65% Global Worthiness
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Genoa's AMT Faces 12.5 Million Euro Funding Gap, Reviews Free Transit Policy

Genoa's public transport company, AMT, faces a 12.5 million euro funding shortfall, jeopardizing salaries and service. The city administration seeks funding solutions and evaluates the sustainability of its free-transit policy while appointing a new board to implement a five-year recovery plan.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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European Authorities Emphasize Importance of Cash Savings Amidst Recent Crises

Amidst recent crises, including the COVID-19 pandemic, the war in Ukraine, and widespread power outages, European authorities and experts recommend keeping cash on hand for emergencies, citing increased consumer demand for banknotes during crises.

Progress

16% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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US to Aid Argentina's Financial Crisis

Amid Argentina's escalating financial turmoil following election losses, the US Treasury has pledged support, including potential peso and debt purchases, to stabilize the situation and aid President Milei's economic agenda.

Progress

40% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 85% Global Worthiness
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Ingolstadt Faces Historic Financial Crisis Due to Audi's Decline

Ingolstadt, Germany, is experiencing a severe financial crisis due to a drastic decrease in Gewerbesteuer (trade tax) revenue from Audi, its largest employer, impacting city services and potentially raising taxes.

Progress

16% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
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Vitesse's Unexpected Lifeline: From Near-Collapse to Overwhelming Interest

After a court ruling unexpectedly allowed Vitesse to continue playing professional football, the Dutch club is facing an influx of player applications, creating both opportunities and challenges for its new owners.

Progress

16% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Hospitals Face Mass Financial Crisis

A Roland Berger study reveals that three-quarters of German hospitals reported losses in 2022, with nearly 90 percent of public hospitals experiencing deficits, leading to potential mergers, closures, and a predicted €130 billion investment shortfall despite a €50 billion transformation fund.

Progress

40% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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Spirit Airlines Faces Renewed Financial Crisis Amidst Credit Downgrades

Spirit Airlines, despite recent efforts to secure funding, reported a significant loss and faces potential default after a failed bankruptcy restructuring that did not address high lease costs and low domestic travel demand; credit agencies have downgraded the airline.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 169 results