Search result for CRISIS
Germany's exports and imports will rise in 2022 as a result of the energy crisis and high inflation.
According to preliminary estimates issued by the Federal Statistical Office, Germany's imports and exports both climbed year on year in 2022, despite the energy crisis and high inflation (Destatis). According to Destatis, Europe's largest economy's exports increased 14.3% year on year...
These nations want to end the global 'poly crisis' by focusing on factors other than gross domestic product.
The global standard for measuring economic health has become inadequate for a rising number of countries. Finland, Iceland, Scotland, Wales, and New Zealand are all part of the Wellbeing Economy Governments cooperation, which is led by a majority of women. As it grows in size over the next severa...
The worldwide economic impact of the crisis in Ukraine
Worldwide households and businesses faced a number of difficulties throughout the last year. An already fragile global economic recovery was thrown off course by Russia's invasion of Ukraine, which presented fresh difficulties for governments and consumers alike.
Ford Motor Co...
Britain reverses its stance on the tax cut for the wealthy following harsh criticism and the decline of the pound.
Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate.
Finance Minister Kwasi Kwarteng tweeted on the second day of the annual conference of the ruli...
Due to the energy crisis, Germany will subsidize electricity for small enterprises
German lawmakers are considering plans to shield consumers and businesses from high energy prices. Robert Habeck, Germany's economy minister, has unveiled a small company help program.
In response to a potential energy crisis brought on by Russia cutting off gas exports to Europe, G...
4 out of 5 chip specialists claim that Korea is in its "biggest crisis" in a decade
According to a survey of semiconductor industry professionals conducted on Monday, South Korea's chip manufacturing sector is experiencing its worst crisis in ten years.
In a survey conducted by the advocacy group Korea Chamber of Commerce and Industry, 24 out of 30 chip specialists...
Crises Forces Sri Lankan into poverty
Srilankan’s Faces the worst economic crisis in decades. According to the survey it states that Nilanthi Gunasekera a Srilankan women clutches the final handful of dried fish her family has left in her outstretched palms.
She is one among the millions of Sri Lankans who are sufferi...
Bemlo receives a $3.3 million dosage to address the European healthcare labour crisis
Instead of the typical three-month lead-time, the Stockholm-based firm promises to source staffing for healthcare businesses within 24 hours.
Bemlo, a Swedish marketplace for temporary hiring of healthcare personnel, has raised $3.3 million to improve transparen...
Head of the European Union Holds a Meeting With the Premier of Czech Republic Over Oil Crisis
The head of the European Union Commission said that they were working to develop a strategy around energy catastrophe which would be announced in the middle of July.
The chief of the European Commission Ursula von der Leyen and the Czech Premier Petr Fiala held a bilateral press meeting...
Netball going through an identity crisis as it attempts to financially recover
Over the past month, Netball Australia's financial issues have attracted attention.
The top governing body revealed the major financial difficulties it was having when it sold the Super Netball championship to the highest state government bidder and later said it was open to conside...
Worsen Food Crisis or Develop Fertilizer plants. EU Conflicted
The war in Ukraine has resulted in difficulty for the EU in aiding poorer nations against a rising food crisis and in dealing with a shortage of chemical fertilizers. The driving cause of the food crisis is a fall in Ukraine’s grain export and an increase in prices of chemical fertilizers d...
Fire Won't Worsen Energy Crisis
According to the AEMO, a blaze that ravaged a power facility will not have an impact on the nation's ability to produce energy. AEMO reported on Friday that there was sufficient electrical supply to satisfy the anticipated demand over the weekend, which alleviated the immediate anxiety around...
The new ambassador to Ukraine sees the European energy crisis as an opportunity for Canada
Ukraine's new ambassador to Canada called on Canadian oil and gas corporations to help battle Russia by entering and expanding into the European market on Wednesday.
Yulia Kovaliv made the remarks at the Global Energy Show in Calgary, one day after formally assuming the ambassadorsh...
The European Union has set aside €25 million in humanitarian help for Palestinians
The EU said today that it will provide €25 million in humanitarian aid to disadvantaged Palestinians in the West Bank, East Jerusalem, and Gaza.
In the Occupied Territories and Gaza Strip, almost 2 million Palestinian women, children, and men require humanitarian aid. Last year, 25...
Amid the Ukraine crisis, Australia is looking to fill Asia's energy shortfall
The Ukraine crisis is redrawing the Asia-Pacific region's energy map as it upends global commodity markets and sparks a resource frenzy. While the picture is far from clear, the evolving outlines of the region are already having an outsized impact on Australia's resource juggernaut.
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During the COVID-19 crisis, the government 'did not get every call right,' but the goal is to keep learning: PM Lee
The government "did not get every call right" during its handling of the COVID-19 situation, Prime Minister Lee Hsien Loong said on Tuesday, but the goal is to keep learning and "be prepared to make the tough judgments" (Apr 12).
The Prime Minister also stated in a s...
Refugee Crisis Has Strained the Healthcare System of Moldova
On Tuesday, the Health Minister of Moldova said that the arrival of thousands of Ukrainian refugees in the country was placing a huge burden on its healthcare system. The health minister further appealed to the UN agencies and the European Union for help.
Ala Nemerenco and the World Hea...
The gulf crisis may not all work in Putin’s favour
Mr Balakrishnan described Russia's invasion of Ukraine as "maybe a larger milestone than the fall of the Berlin Wall."
Mr Balakrishnan may be correct, even though the Berlin Wall precipitated the demise of communism as an ideology rather than a power-driven political syste...
Thailand's tourism industry will be impacted by the increasing crisis in Eastern Europe
As the world watched Russia shell Ukraine over the last week, the international community has retaliated with a slew of penalties on Vladimir Putin.
Nations are expressing their opposition to the assault in a variety of ways, including finance, commerce, travel, international sporting e...
Australia Imposes Sanctions on Russia While Russia Sends in a “Peacekeeping" Pact to Ukraine
Australia has imposed sanctions on Russia as a response to the Ukraine crisis. Prime minister Scott Morrison says that Australia ‘always stands up to bullies’ and there ‘must be consequences for Russia’s actions.’
In the first round of the Australian sancti...