Tag #Financial Crisis

Showing 73 to 84 of 107 results

smh.com.au
🌐 90% Global Worthiness
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Jeju Air Crash Exposes Operational Risks, Jeopardizing Airline's Future

The December 29th crash of Jeju Air Flight 7C2216, killing 179, triggered government raids, a CEO travel ban, passenger cancellations, and a 10 percent stock drop, jeopardizing the airline's already precarious financial state amid increased competition from a merged Korean AiAsiana.

Progress

48% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
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FC Barcelona's Olmo Registration Failure Exposes Deep Financial Crisis

FC Barcelona president Joan Laporta's failure to register new signing Dani Olmo with La Liga due to financial constraints has caused significant reputational damage to the club, highlighting deeper issues of mismanagement and broken promises, impacting the team's competitiveness and the club's socia...

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 90% Global Worthiness
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Chalmers Warns of Crypto-Driven Financial Crisis

Treasurer Jim Chalmers warns of systemic risks to Australia's financial system from incorporating cryptocurrencies, citing potential US deregulation under President Trump and the inherent worthlessness and volatility of crypto assets.

Progress

56% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Deregulation and Fee-Based Banking: Lessons from 2008 and Current Trends in Greece

The repeal of the Glass-Steagall Act in 1999 facilitated the spread of the 2008 financial crisis, while Greek banks' current focus on high-fee services (50% of their 2023 profits) raises concerns about their role in supporting the real economy.

Progress

48% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
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Russian Banks Slash Credit Limits Amid Economic Uncertainty

Russian banks are reducing credit limits for thousands of borrowers due to rising interest rates, high consumer debt, a new lending law, and economic uncertainty, impacting holiday spending plans and causing widespread consumer frustration.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Tennessee State's Financial Crisis: A Wake-Up Call for College Planning

Tennessee State University's $43 million emergency funding request, prompted by a drastic first-year enrollment drop from 3,500 to 880 students and subsequent 114 layoffs, exposes the financial vulnerabilities of universities and necessitates a more comprehensive approach to college planning.

Progress

36% Bias Score

Quality Education
dailymail.co.uk
🌐 85% Global Worthiness
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UK Virtual IVF Clinic Apricity Fertility Closes, Leaving Hundreds of Patients in Limbo

Hundreds of couples in the UK are affected by the sudden closure of Apricity Fertility, a virtual IVF clinic, leaving patients with delayed treatments, potential financial burdens, and uncertainty regarding stored embryos.

Progress

52% Bias Score

Good Health and Well-being
nrc.nl
🌐 75% Global Worthiness
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Ebusco Cuts Jobs Amidst Financial Crisis and Market Manipulation Scandal

Facing financial difficulties, Dutch electric bus manufacturer Ebusco announced 102 job cuts on December 31st, 2024, following a €3 million fine levied against major shareholder Van Der Valk Investments for market manipulation; the company previously lost a legal battle with Qbuzz and faced componen...

Progress

40% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 65% Global Worthiness
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Turkish Mayor Stages Self-imposed House Arrest to Protest Unpaid Social Security Debts

The mayor of Ereğli Municipality, Umut Akpınar, announced a self-imposed house arrest to protest blocked bank accounts due to 40 million Turkish Lira in unpaid social security debts from the previous administration, hindering service provision.

Progress

40% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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Lebanon Grapples with Triple Crisis Amidst Ceasefire and Impending Presidential Election

Lebanon faces multiple crises in 2024: a devastating Hezbollah-Israel conflict (Oct. 8, 2023-Dec. 2024) resulting in over 4,000 deaths and \$8.5 billion in damages; a prolonged financial collapse since 2019 with 44 percent of the population in poverty; and an ongoing presidential vacuum since Octobe...

Progress

48% Bias Score

No Poverty
nos.nl
🌐 75% Global Worthiness
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De Volksbank Rebrands as ASN, Streamlining Operations

De Volksbank will rebrand as ASN by the end of 2026, dropping SNS, RegioBank, and BLG Wonen brands to improve efficiency and market position following its nationalization during the 2008 financial crisis and a recent assessment indicating it wasn't ready for sale.

Progress

32% Bias Score

Responsible Consumption and Production
cincodias.elpais.com
🌐 75% Global Worthiness
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Duro Felguera Reports €48.8 Million Loss, Files for Pre-Bankruptcy

Duro Felguera reported a €48.8 million loss in the first half of 2023 due to its troubled Djelfa power plant project in Algeria, leading to a pre-bankruptcy filing to restructure its debt and negotiate with creditors.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 73 to 84 of 107 results