Tag #Recession

Showing 445 to 456 of 480 results

smh.com.au
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Australian Government Spending Prevents Recession, Creates One Million Jobs

Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.

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60% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Economy Contracts Amidst Government Optimism and Rising Inflation

Despite the Prime Minister's confidence in an economic rebound, the UK economy contracted for two consecutive months, business activity is flat, and November inflation rose to 2.6 percent, fueled by petrol and tobacco price increases. The national living wage increase benefited three million low-pai...

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52% Bias Score

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sueddeutsche.de
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Ifo Index Plunges, Signaling Worsening German Economic Outlook

Germany's Ifo business climate index fell to 84.7 points in December, the lowest since May 2020, indicating a worsening economic outlook driven by industrial weakness and concerns about potential US trade barriers under President-elect Trump.

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52% Bias Score

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china.org.cn
🌐 75% Global Worthiness
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UK Private Sector Faces Steepest Job Cuts in Nearly Four Years

Britain's private sector experienced its steepest job cuts in nearly four years during December 2024, according to S&P Global Flash UK PMI data, with service sector job losses the most significant due to unfilled vacancies and increased employment costs; while the Composite Output Index remained at ...

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48% Bias Score

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forbes.com
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Fed to Cut Rates Despite Sticky Inflation

The Federal Reserve is likely to cut interest rates by 0.25% on Wednesday, balancing concerns about sticky inflation (CPI 2.7%, PPI 3.0%) with a softening labor market (unemployment rate at 4.2%) and the belief that monetary policy remains restrictive despite 3.3% GDP growth. The decision will be fo...

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32% Bias Score

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theglobeandmail.com
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UK Economy Contracts for Second Straight Month

Britain's economy shrank 0.1% in October, marking the first back-to-back monthly falls since the start of the COVID-19 pandemic, impacting new finance minister Rachel Reeves, and defying economists' predictions of 0.1% growth.

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44% Bias Score

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dailymail.co.uk
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Bank of England to Hold Interest Rates Amid Inflation and Recession Fears

The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
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Australia's Budget Crisis: \$150 Billion Debt Surge and Immigration Overrun

Australia's mid-year budget reveals \$150 billion in additional debt over four years, \$60 billion more than projected, with immigration exceeding targets by 80,000, placing strain on the economy and impacting the upcoming election.

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60% Bias Score

Reduced Inequality
welt.de
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German Corporate Insolvencies Surge 24.3% in 2024

Germany experienced a 24.3% increase in corporate insolvencies in 2024, totaling 22,400, primarily due to economic stagnation, weak domestic demand, and global trade slowdown, resulting in €56 billion in creditor losses and 320,000 job losses.

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48% Bias Score

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bbc.com
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UK Job Vacancies Plummet 26%, Raising Recession Fears

Reed, a major UK recruitment firm, reports a 26% year-on-year fall in job vacancies by November, suggesting a possible recession as the economy shrank in September and October; Unemployment rose to 4.3% in September, and the government's recent tax increase on employers is blamed for the decline.

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48% Bias Score

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zeit.de
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Bundesbank sharply cuts German growth forecast, predicts recession

The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.

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44% Bias Score

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dw.com
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Germany Faces Second Recession as Bundesbank Slashs Growth Forecasts

Germany's Bundesbank sharply reduced its economic growth forecasts for 2024 and 2025 to -0.2% and 0.2% respectively, citing structural problems and global protectionism as major concerns, marking a second consecutive year of recession.

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24% Bias Score

Decent Work and Economic Growth

Showing 445 to 456 of 480 results