Tag #Industrial Decline

Showing 1 to 12 of 29 results

bbc.com
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Sixteen" Play Revives Miners' Strike Impact on Nottinghamshire Communities

Lisa McKenzie's play, "Sixteen," uses the 1984 miners' strike in Nottinghamshire to highlight the lasting impact of industrial decline on former pit communities, prompting audience discussions on solutions.

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20% Bias Score

Reduced Inequality
cnnespanol.cnn.com
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Argentina's Industrial Crisis: 31,000 Job Losses Since December 2023

Argentina's industrial sector, a major employment driver, has suffered an 11-month decline since President Milei's December 2023 inauguration, resulting in 31,000 job losses by April 2025 due to currency devaluation, increased imports, and reduced consumption.

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56% Bias Score

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

Decent Work and Economic Growth
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

Decent Work and Economic Growth
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
dw.com
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German Automotive Sector Faces Deep Crisis with 51,500 Job Losses

Germany's manufacturing sector, especially its automotive industry, is facing a deep crisis, with approximately 51,500 job losses in the automotive sector alone within a year, representing a 7% decrease. This is reflected in the overall decline of 2.1% in manufacturing jobs across all sectors except...

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44% Bias Score

Decent Work and Economic Growth
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

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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

Decent Work and Economic Growth
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

Decent Work and Economic Growth
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
🌐 85% Global Worthiness
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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.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 29 results