Tag #Financial Crisis

Showing 37 to 48 of 162 results

cincodias.elpais.com
🌐 85% Global Worthiness
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Clean Energy Bubbles: A Recurring Pattern of Investor Over-Optimism

Fueled by investor optimism and government subsidies, the clean energy boom, similar to the 2008 crisis, imploded, resulting in massive losses and the failure of numerous startups due to unrealistic growth projections and market overvaluation.

Progress

64% Bias Score

Climate Action
bbc.com
🌐 65% Global Worthiness
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Mandaric to Attempt Sheffield Wednesday Buyout

Former Sheffield Wednesday owner Milan Mandaric will attempt to buy the club back next week from current chairman Dejphon Chansiri after the EFL imposed spending restrictions due to unpaid wages, citing Chansiri's high valuation as a potential obstacle.

Progress

48% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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Global Debt Soars to \$100 Trillion, Raising Economic Concerns

Global debt has hit \$100 trillion, prompting the OECD to warn of difficult prospects as rising costs and risks limit future borrowing, driven by increased government spending and lack of central bank support.

Progress

44% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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Schroeder Foundation Bankruptcy Leaves Hundreds Jobless in The Hague

The bankruptcy of Stichting Schroeder in The Hague, a foundation running eight thrift stores and a social workplace serving nearly 300 people with disabilities, will lead to their closure next week, leaving hundreds without jobs or community support, despite a 6,500-signature petition.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Dimon Predicts Bond Market Crack Due to US Debt

JPMorgan Chase CEO Jamie Dimon predicts a "bond market crack," a liquidity crisis in the bond market, potentially within six years, driven by unsustainable U.S. fiscal policies and a projected $36 trillion national debt by 2035.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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New World Development Shares Plunge After Bond Payment Deferral

Hong Kong's New World Development, controlled by the Cheng family, saw its shares fall nearly 6.5% after deferring interest payments on several bonds due to liquidity concerns stemming from HK$124.6 billion in debt and a net gearing ratio of 57.5%, despite recent efforts to improve sales and reduce ...

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Pemex's \$20 Billion Debt Crisis Threatens Mexico's Oil Industry

Mexico's Pemex owes over \$20 billion to contractors and suppliers, resulting in 15,000 job losses, the suspension of 33 drilling rigs, and potential industry paralysis if not addressed promptly; the debt, accumulated over a year, impacts companies in Campeche, Tabasco, Veracruz, and Tamaulipas.

Progress

40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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AFP Announces €12-14 Million Cost-Cutting Program Amidst Revenue Decline

AFP, facing an €8 million shortfall in 2024 commercial revenue due to global economic uncertainty, pressure from authoritarian governments, and challenges in the digital media landscape, announced a €12-14 million cost-cutting program for 2025-2026.

Progress

24% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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River Island's Financial Crisis Prompts Restructuring Plan

River Island, a British fashion retailer, reported a £33.2 million pre-tax loss and a 19% turnover drop in 2023, prompting a restructuring plan by PwC that may result in store closures and job losses within weeks.

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Hessen Cities Face Financial Crisis, Forcing Service Cuts

Hessen's cities face a severe financial crisis, forcing cutbacks in services like swimming pools, cultural programs, and potentially afternoon childcare, due to insufficient funding from the federal and state governments, impacting citizens significantly.

Progress

40% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 85% Global Worthiness
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German Health Insurers Demand Urgent Government Action to Address €6.23 Billion Deficit

Facing a €6.23 billion deficit, Germany's statutory health insurance funds (GKV) urge immediate government action, including an expenditure moratorium and federal funding for citizens receiving social benefits, criticizing the planned 2027 commission report as too slow.

Progress

60% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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RBS Privatization: A 17-Year Recovery

In 2008, the Royal Bank of Scotland (RBS) received a £45 billion taxpayer bailout following a financial crisis triggered by its risky expansion and mismanagement; 17 years later, the UK government has fully sold its stake, marking a significant turning point but leaving taxpayers with over £10 billi...

Progress

56% Bias Score

Reduced Inequality

Showing 37 to 48 of 162 results