Tag #Recession

Showing 49 to 60 of 474 results

sueddeutsche.de
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German Machinery Makers Anticipate Short-Time Work Surge

A VDMA survey of approximately 200 machinery manufacturers in Baden-Württemberg reveals that roughly one-third expect a substantial rise in short-time work over the next six months due to low production capacity and market uncertainty; this follows recent job cuts by Trumpf, impacting 430 jobs in Ge...

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Global Factors Drive Rise in US Treasury Yields

US 10-year Treasury yields rose 52 basis points since April 4th, driven by 15 basis points from inflation expectations and 37 from higher real returns, correlating with reduced recession probabilities; this global trend exceeds other developed nations' increases since the end of 2022, despite the US...

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36% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Germany's Economy: Two Years of Recession and Uncertain Recovery

Germany's economy is shrinking for the second consecutive year, mirroring the 2011 crisis with a similar number of business closures in 2024, due to high energy prices, labor shortages, and bureaucratic costs; the new government aims for quick and sustainable improvements, but experts predict stagna...

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52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Eurozone Private Sector Contracts in May

The Eurozone's private sector activity unexpectedly contracted in May, with the services sector performing the worst in 16 months; the S&P Global composite PMI fell to 49.5, below the 50 mark separating growth from contraction, due to weak foreign and domestic demand.

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32% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Eurozone Activity Contracts in May Amidst Services Sector Weakness

The Eurozone experienced its first activity contraction in five months during May, primarily due to a weakened services sector with confidence plummeting to its second-lowest level since 2012 (excluding the COVID-19 crisis), reaching a PMI of 49.5, driven by weak domestic demand and uncertainty surr...

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24% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Germany's Recession: High Energy Costs, Worker Shortages, and Bureaucracy Hamper Economic Recovery

Germany's economy has been in recession for two years, experiencing more business closures in 2024 than in 2011, due to high energy prices, worker shortages, and excessive bureaucracy; the government is implementing measures to improve the situation, but a quick recovery is unlikely.

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52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Turkey's Insufficient Aid Package for Struggling Businesses

The Turkish government is launching a 25 billion TL financial aid package for SMEs and considering reactivating the KGF, although experts doubt its effectiveness in addressing the deep financial crisis caused by past government policies, impacting hundreds of thousands of businesses and resulting in...

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48% Bias Score

Decent Work and Economic Growth
us.cnn.com
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Economic Uncertainty and Border Concerns Dampen US Summer Travel

Americans are canceling summer travel plans due to economic uncertainty and concerns about border issues, resulting in decreased flight bookings to Europe and a shift towards shorter, less expensive trips, according to travel advisors and industry data.

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44% Bias Score

Reduced Inequality
cincodias.elpais.com
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Trump's Tariffs Trigger Global Market Crash

President Trump announced new tariffs on EU imports and Apple products on Friday, causing major market declines; the Ibex 35 dropped 350 points, US stocks fell 2.5%, and the dollar weakened.

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44% Bias Score

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dailymail.co.uk
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Dimon Warns of Stagflation Risk to US Economy

JPMorgan Chase CEO Jamie Dimon warned on Thursday of a potential stagflation risk to the US economy, citing global fiscal deficits, remilitarization, and trade restructuring as inflationary factors, a threat he considers worse than a recession.

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56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Germany's Prolonged Recession: High Energy Costs and Bureaucracy Hamper Recovery

Germany is experiencing a prolonged economic recession, marked by increased business closures exceeding those during the 2011 crisis, driven by high energy prices, labor shortages, and excessive bureaucracy; the government has initiated a €500 billion investment plan but faces challenges in implemen...

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52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Germany's Recession: High Costs, Labor Shortages, and a €500 Billion Gamble

Germany's economy has been in recession for two years, with 2024 seeing business closures similar to 2011's financial crisis; high energy costs, labor shortages, and bureaucracy are key factors, while a €500 billion investment plan offers potential for future recovery but faces challenges.

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48% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 474 results