Tag #Industrial Decline

Showing 1 to 12 of 26 results

welt.de
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German Unemployment Stagnant Despite Slight Drop

Germany's June 2025 unemployment slightly decreased by 5,000 to 2.914 million, yet remains significantly higher than the previous year, revealing a persistent structural crisis amidst low hiring and rising social welfare costs; the defense sector booms, counteracting some job losses.

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48% Bias Score

Decent Work and Economic Growth
parsi.euronews.com
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Germany's Economic Crisis: High Energy Costs and the Debate Over Nuclear Power

Germany's economy is in a deep recession, with nearly 200,000 businesses closing in 2023 due to high energy prices, forcing production cuts in major industries and leading to debate over reversing the phase-out of nuclear energy.

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52% Bias Score

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welt.de
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US and Asian Companies Outpace European Rivals in Revenue and Profit

A 2024 EY study analyzing the 1000 largest global companies reveals that US and Asian corporations significantly outperformed European counterparts in both revenue and profit, with US firms experiencing a 4.5% revenue increase and Asian firms a 3.2% increase, while European companies saw a 1.1% decl...

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52% Bias Score

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welt.de
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Bayer to Close Frankfurt Plant by 2028

Bayer announced it will close its Frankfurt plant by 2028, affecting 500 employees, due to Asian competition, overcapacity, and regulations; the Hessian state government and labor unions strongly oppose the decision.

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40% Bias Score

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dw.com
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German Industry Faces Collapse: 5.5 Million Jobs at Risk

Germany's industrial sector is experiencing a significant decline, projected to cost 5.5 million jobs and 20% of GDP, due to rising energy prices after Russia's invasion of Ukraine, pre-existing supply chain issues, and increased competition from China's high-tech manufacturing.

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52% Bias Score

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dw.com
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German Economy Stagnates Amidst Uncertainty and Rising Unemployment

Germany's economy is stagnating due to a combination of factors including political uncertainty, high energy costs, an aging workforce, and increased competition from China, resulting in rising unemployment and factory closures.

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28% Bias Score

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zeit.de
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Dow's Potential Cuts Threaten East German Chemical Industry

The IG BCE union protested Dow Chemical's potential production cuts in East Germany, impacting Schkopau and Böhlen plants due to market overcapacities, high costs, and regulations, threatening numerous jobs and the regional economy.

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40% Bias Score

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welt.de
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Record High Business Closures in Germany in 2024

In 2024, Germany experienced a record 196,000 business closures—a 16 percent increase from 2023—affecting various sectors due to weak economic conditions, high energy costs, foreign competition, and labor shortages, particularly impacting energy-intensive industries and technology-intensive services...

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48% Bias Score

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zeit.de
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Bayer to Close Frankfurt Plant, Sparking Criticism and Competitiveness Concerns

Bayer announced the closure of its Frankfurt plant, employing around 500 people, by 2028 due to Asian competition, overcapacities, and regulation, prompting strong criticism from the Hessian state government and concerns about Germany's industrial competitiveness.

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48% Bias Score

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smh.com.au
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Victoria's Gas Consumption Drop Raises Industrial Decline Fears

Victoria's gas consumption dropped 11 petajoules (16 percent) due to large manufacturers closing (Qenos, ExxonMobil refinery, Oceania Glass), averting shortages but raising concerns about industrial decline and economic impacts, despite government claims of employment growth in the sector.

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52% Bias Score

Industry, Innovation, and Infrastructure
lexpress.fr
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AfD Makes Strong Gains in Duisburg, Reflecting German Political Shift

In Germany's Duisburg, the far-right AfD nearly tied the SPD in the recent legislative elections, reflecting a national trend of the AfD's growing influence in western Germany due to economic anxieties and immigration concerns.

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64% Bias Score

Reduced Inequality
lemonde.fr
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France's Industrial Decline: High Costs, Weak Demand, and Unstable Policies

France's industrial sector is struggling despite recent efforts to boost production, facing challenges including weak European demand, high energy costs, and unstable business taxation, leading to factory closures, job losses, and a widening trade deficit.

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56% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 26 results