#economic-crisis

#economic-crisis

Argentina's poverty rate has surged to nearly 53% during Milei's presidency, a record high in 30 years.

Argentina's austerity measures under President Javier Milei have severely impacted the poor, with record-high poverty rates.

Street scenes depict worsening conditions as families turn to scavenging for food amidst economic cuts.

The Orasma family's story illustrates the desperate migration journey of Venezuelans seeking safety and stability amid a collapsing economy and oppressive government.

Individuals often make significant sacrifices to escape economic crises, as shown by personal accounts of preparation and action.

Egypt's policy towards refugees is hardening due to economic crises and rising public discontent.

Media narratives about migrants have shifted from welcome to criticism in recent years.

Syria's economy is devastated after a prolonged civil war, with extensive infrastructure damage and severe sanctions impeding recovery.

German democracy is under strain, as evidenced by a heated Bundestag debate leading to impending early federal elections.

Germany's government faces a crisis as Chancellor Scholz fires finance minister, potentially leading to early elections amid infighting and economic stagnation.

Germany appears prosperous abroad, but faces an existential political crisis at home after the government's collapse.

Iran faces pressure to change policies and negotiate with the West to avoid further isolation and economic issues.

Nawaf Salam's appointment as Lebanon's new prime minister brings hope for recovery post-war, despite tension with Hezbollah.

Pat McFadden is seen as a strong candidate to replace Rachel Reeves as Chancellor amid economic turmoil.

Ó Snódaigh promises to return part of his salary if elected, aiming to gain support amidst a cost-of-living crisis.

The ongoing war in Lebanon has led to extensive unemployment and displacement for individuals like Hasan Raad, disrupting lives and livelihoods.

Israel's military targets specific neighborhoods in Beirut, warning of upcoming strikes and urging evacuations.

Lebanon's economic crisis worsens, with significant infrastructure damage reported due to ongoing conflict.

UN Security Council draft resolution demands an immediate ceasefire in Gaza and release of hostages.

Lebanon has formed a new government amid political struggles, aiming for reforms and economic recovery while sidelining Hezbollah.

Macron's meeting in Lebanon aims to offer support and guidance to its new leadership during an economic crisis.

Lebanon has formed its first full-fledged government since 2022, aiming to stabilize and reform amid ongoing crises.

Germany's political mood is grim as it faces an economic downturn amid concerns over gas supplies from Russia.

Friedrich Merz's use of a private plane during economic uncertainty reveals a contrast in public reception to displays of wealth.

Local authorities in England may be allowed to increase council tax beyond 5% to avoid bankruptcy.

The British pub industry is in crisis, with six pubs closing weekly, impacting jobs and community culture.

Government intervention is urgently needed to support the struggling pub sector facing severe economic pressures.

The UK's nightlife and hospitality sector faces imminent collapse due to rising costs and insufficient relief.

A multinational boycott in the Balkans against rising grocery prices signifies widespread economic distress and consumer activism.

Recent deadly stampedes in Nigeria highlight a severe cost-of-living crisis, impacting food access and safety.

Economic hardship has escalated desperation among citizens, leading to tragic stampedes at food distribution events.

UK retailers are facing significant operational strain and are at risk of collapse, particularly due to rising costs and decreased consumer spending.

Gold prices have surged to a record high of $2794.01 per ounce due to global instability and geopolitical tensions.

Rising costs, high inflation, and soaring interest rates create significant barriers for Americans saving for retirement.

The U.S. is not experiencing a true housing crisis but needs regulatory changes to improve affordability.

Local zoning regulations and federal demand-side policies are key factors affecting housing prices.

Sir Keir Starmer's leadership is under severe scrutiny despite a recent election victory due to pressing economic issues and public dissatisfaction.

Political visits during economic turmoil can reflect poor timing and priorities.

Historical context shows political leadership can seem better in retrospect.

Current governance struggles with economic strategy highlight a lack of clear direction.

Farage estimates a 20-25% chance of becoming prime minister, contingent on potential economic crises and political fragmentation.

Minors detained for anti-government protests in Nigeria will be released and charges dropped after public outcry.

The explosion of a fuel tanker in Nigeria killed 70 people who were trying to gather the spilled fuel amid soaring gasoline prices.

Tourism in Nigeria, particularly at Ado-Awaye, is significantly impacted by the country's economic struggles.

The number of deaths from charity event stampedes in Nigeria has increased significantly, prompting calls for stricter safety measures.

Cuba's entire power grid shut down, affecting 10 million people due to infrastructure issues and fuel shortages, worsened by Hurricane Milton.

Cuba faces widespread blackouts and unrest, exacerbated by a deepening economic crisis and government warnings against protests. The situation has intensified due to Hurricane Oscar.

Cuba is experiencing significant unrest due to energy crises exacerbated by Hurricane Oscar, resulting in protests and government crackdowns.

Cuba's economy has declined sharply post-Covid-19, leading to a mass exodus of its citizens.

Cubans are expressing strong frustration with the government over prolonged power outages causing severe disruption to daily life.

Cuba is facing severe crises, characterized by power outages, emigration, and infrastructural decay, intensified by economic mismanagement and external sanctions.

Russian oligarchs are increasingly frustrated with Putin and economic policies as they face soaring inflation and interest rates.

Vladimir Putin unexpectedly stabilized Russia after Yeltsin's resignation despite initial doubts about his leadership.

Rakhine state in Myanmar faces an imminent risk of famine, potentially impacting two million people due to economic collapse and conflict.

Myanmar's military coup has decimated the economy, forcing educated women like May to turn to sex work for survival.

The situation for Myanmar artists is deteriorating due to civil war, economic collapse, and government censorship, forcing many to flee the country.

Ghana's presidential election occurs under a severe economic crisis, with key candidates being incumbents and former leaders.

John Dramani Mahama returned to power in Ghana after being out of office for eight years following a recent election.

Ghana's elections are pivotal amid economic crisis, with a focus on candidates' plans for economic recovery and voter hopes for improvement.

John Dramani Mahama won Ghana's presidential election, with Bawumia conceding defeat and emphasizing the call for change.