Discover and read the best of Twitter Threads about #economiccrisis
Most recents (20)
🧵 1/14 The Struggles of #AddisAbeba Under the Rule of Abiy Ahmed 🇪🇹
This extended thread delves into the challenges facing #AddisAbeba, Ethiopia's capital city, under Prime Minister Abiy Ahmed and Mayor Abebech Adane, and the urgent need for change.👇
#Ethiopia #AbiyAhmed
This extended thread delves into the challenges facing #AddisAbeba, Ethiopia's capital city, under Prime Minister Abiy Ahmed and Mayor Abebech Adane, and the urgent need for change.👇
#Ethiopia #AbiyAhmed
🧵 2/14 Who is Abiy Ahmed? 🤔
Abiy Ahmed, Ethiopia's Prime Minister since April 2018, was initially seen as a beacon of hope. However, his tenure has been marred by persistent social issues that plague Addis Abeba and the nation.
#AbiyAhmed #EthiopianPolitics
Abiy Ahmed, Ethiopia's Prime Minister since April 2018, was initially seen as a beacon of hope. However, his tenure has been marred by persistent social issues that plague Addis Abeba and the nation.
#AbiyAhmed #EthiopianPolitics
🧵 3/14 Who is Abebech Adane? 🏛️
Abebech Adane, the Mayor of Addis Abeba, has faced criticism for her inability to address the city's pressing social issues effectively. The government needs to prioritize the well-being of its citizens to prevent further deterioration.
#Abebech
Abebech Adane, the Mayor of Addis Abeba, has faced criticism for her inability to address the city's pressing social issues effectively. The government needs to prioritize the well-being of its citizens to prevent further deterioration.
#Abebech
Treasury Secretary, Janet Yellen has dropped the ball.
Where has she been?
A timeline 🧵🪡
Where has she been?
A timeline 🧵🪡
March 2023:
“The American banking system is safe and well-capitalized, it’s resilient. Americans can have confidence in the safety and soundness of our banking system."
- #JanetYellen
“The American banking system is safe and well-capitalized, it’s resilient. Americans can have confidence in the safety and soundness of our banking system."
- #JanetYellen
3/7/2023
“Climate Change could trigger asset value losses, harming US economy.”
- #JanetYellen
reuters.com/world/us/yelle…
“Climate Change could trigger asset value losses, harming US economy.”
- #JanetYellen
reuters.com/world/us/yelle…
The tech startup sector in Pakistan has had a rough year 🌪️ with investment plunging 47% quarter-on-quarter and 68% year-on-year to $55.4m in Q3 2022 - the lowest level since Q1 2021
@bznotes @nighatdad @xParacha @ZahidLilani @rehanallahwala @kalsoom82 @aatif_awan 1/7
@bznotes @nighatdad @xParacha @ZahidLilani @rehanallahwala @kalsoom82 @aatif_awan 1/7
This is particularly concerning considering that 2021 saw record investment of $366m in the country and local startups raised over $174m in Q1 2022. 2/7
It's clear that the changing global macros 🌍 combined with Pakistan's economic crisis and the uncertain resumption of the International Monetary Fund programme 💰 have had a major impact on the sector. 3/7
@UnrollHelper "Liz Truss’s and Kwasi Kwarteng’s 2012 free-market treatise Britannia Unchained has shot up the sales charts, hitting the top spot on Amazon rankings for books on “economic conditions”. It costs £19.55 for the paperback."
Read/Download FREE here 👇
pdfdrive.com/britannia-unch…
Read/Download FREE here 👇
pdfdrive.com/britannia-unch…
@UnrollHelper Ought to come with a health warning for the nation's economy!
@UnrollHelper “The key is to make sure that failure is survivable,” is one of the book’s insights. “In the early stages of a project, failure need not be a disaster.”
"This is likely to provide scant consolation to Tory MPs facing the threat of losing their seats at the next election."
"This is likely to provide scant consolation to Tory MPs facing the threat of losing their seats at the next election."
Recently, @fernandoharin renounces his parliamentary salary for the upcoming year while #RTI reveals that continuous payments to Chairmen of the dissolved Provincial Councils. In addition to the salary, payments for their personal staff, vehicles and fuel allowances (1/7)
Amidst the present #EconomicCrisis in the island, about 10 million rupees of public funds is continuously being spent in relation to Chairmen of inactive PCs who do not discharge any official duties after the dissolvement of such PCs on a monthly basis (2/7)
At the same time, a staggering amount of more than Rs.200 million paid in total after the dissolvement of PCs as salaries for Chairmen and their personal staff for many years by the state (3/7)
Thea coming intensification of economic #Crisis in Europe,
A thread:
#foodcrisis #Economics #EconomicCrisis #UkraineRussiaWar
#wheat
1/
A thread:
#foodcrisis #Economics #EconomicCrisis #UkraineRussiaWar
#wheat
1/
Ukraine faces mass starvation: Kiev authorities deliberately disrupt the sowing campaign
The sowing campaign in Ukraine is on the verge of failure, the agrarians lack seeds and fuel. Only in Odessa region and maybe in the liberated regions of the country (Kherson region and
2/
The sowing campaign in Ukraine is on the verge of failure, the agrarians lack seeds and fuel. Only in Odessa region and maybe in the liberated regions of the country (Kherson region and
2/
the south of Zaporozhye region) are fully sown.
In Kyiv, Sumy, Chernihiv, Mykolaiv and Kharkiv oblasts there is fighting. Fields are mined, demining is not carried out.
In the Poltava region, fields are also mined, the sowing season has not begun.
In the west of Ukraine in
3/
In Kyiv, Sumy, Chernihiv, Mykolaiv and Kharkiv oblasts there is fighting. Fields are mined, demining is not carried out.
In the Poltava region, fields are also mined, the sowing season has not begun.
In the west of Ukraine in
3/
#Gasembargo #EconomicCrisis #LNG #LPG
Refusal of Russian gas - illusions and reality
The recent announcement by Lithuania and other Baltic countries to completely give up Russian gas has gotten a lot of attention in the media field. It is presented as a victory and an
1/
Refusal of Russian gas - illusions and reality
The recent announcement by Lithuania and other Baltic countries to completely give up Russian gas has gotten a lot of attention in the media field. It is presented as a victory and an
1/
appeal to other EU countries to follow this "successful" example.
In fact, the opposite is true. Almost all the gas in the Baltic States is Russian. But it comes at the expense of reverse gas from Hungary.
Previously, the Ukrainian gas transport system could only work in
2/
In fact, the opposite is true. Almost all the gas in the Baltic States is Russian. But it comes at the expense of reverse gas from Hungary.
Previously, the Ukrainian gas transport system could only work in
2/
the direct direction from Ukraine to Hungary. At the beginning of 2022, the possibility was created to transport gas also by reverse, in both directions. The Hungarian direction became the second physical route of gas supply to Ukraine from Europe after Slovakia.
Since 2015.
3/
Since 2015.
3/
JOIN US as we mark 31 days of continuous People’s Protest, at Kohuwela junction on Thurs March 31st!💪🏾
It’s heartening to see so many people’s protests not affiliated to political parties over the weekend! It’s time the people realised their power!
#takebackourpower✊🏾 #lka
It’s heartening to see so many people’s protests not affiliated to political parties over the weekend! It’s time the people realised their power!
#takebackourpower✊🏾 #lka
#Caution 🤔😟
I was shocked to read the news that the #Sensex is again beyond 50,000. When, the whole world is in danger, so the economies of countries are collapsing, the #economic cycle is slow, the productivity of Co.,
🙄
#EconomicCrisis
#ModiFailsIndia
#ModiMadeDisaster
1/4
I was shocked to read the news that the #Sensex is again beyond 50,000. When, the whole world is in danger, so the economies of countries are collapsing, the #economic cycle is slow, the productivity of Co.,
🙄
#EconomicCrisis
#ModiFailsIndia
#ModiMadeDisaster
1/4
is negatively affected. In such a negative environment, it is beyond understanding why the 'Sensex' kite is flying high in the sky❓Or are some Harshad Mehta and Ketan Parekh-like #Tadipaar giving it air❓
#OrgyOfDeath by #pandemic in #India has no effect on the #SENSEX❓
2/4
#OrgyOfDeath by #pandemic in #India has no effect on the #SENSEX❓
2/4
यह खबर पढ़कर चौंक गया कि #सेंसेक्स फिर से 50,000 के पार! जब पूरी दुनिया खतरे में है, सभी देशों की अर्थव्यवस्था चरमरा रही है, आर्थिक चक्र धीमा है,कंपनियों की उत्पादकता नकारात्मक रूप से प्रभावित है।इस नकारात्मक माहौल में भारतीय सेंसेक्स की पतंग आसमान में ऊंची क्यों उड़ रही है❓
3/4
3/4
.@SpeakerPelosi retains her gavel with 216 votes.
Dem Reps. Lamb & Golden voted for other people, while Reps. Slotkin, Spanberger & Sherrill voted "present."
Dem Reps. Lamb & Golden voted for other people, while Reps. Slotkin, Spanberger & Sherrill voted "present."
House makes it official: @SpeakerPelosi elected with 216 votes to keep her gavel.
#117Congress #OpeningDay
#117Congress #OpeningDay
So, in his House speech, is McCarthy going to say anything about #Georgia today?
washingtonpost.com/video/politics…
washingtonpost.com/video/politics…
[1/n]. Between 2008 and 2015, 27 quarterly reports to assess the impact of #economicslowdown on #employment in India was brought out by the #LabourBureau, see URL: labourbureaunew.gov.in/UserContent/Re… @NREGA_Sangharsh @AiyarYamini @AninditaAdhik13 @waglenikhil @mandeeppunia1 @IM4ChangeIndia
[2/n]. The NDA govt. has carried out no such quarterly surveys (quick ones) 2 measure d impact of #lockdown + #COVID19 on #employment, given d fact that the present #economiccrisis is much more severe than the 2008 one. @mandeeppunia1 @AninditaAdhik13 @nikhilmkss @IM4ChangeIndia
[3/n]. Only reports by #CSOs, #NGOs and academicians based on #surveys are available, covering the #COVID19 #lockdown period and later, some of which are available at im4change.org/farm-crisis/un… @AajeevikaBureau @AninditaAdhik13 @mandeeppunia1 @Outlookindia
#GDP #EconomicCrisis #employment
India's economy shrinks at the fastest pace on record. Economy contracts by 23.9% compared to the same quarter last year. Investment collapsed by 47% compared with the previous year, while household consumption contracted by nearly 27%.
India's economy shrinks at the fastest pace on record. Economy contracts by 23.9% compared to the same quarter last year. Investment collapsed by 47% compared with the previous year, while household consumption contracted by nearly 27%.
Government consumption increased by 16%, but that just wasn't enough. After all how much more can the government eat?
Dear Bulls take a Note !
I don’t know 11600 is top or 12000 or 12500 is top for Nifty.
But I only know below targets, which will achieve before Jan 2021
Gold - Above 62000
Silver - Above 95000
INR - Above 78
Nifty - Below 10000
Banknifty - Below 18000
1/n
I don’t know 11600 is top or 12000 or 12500 is top for Nifty.
But I only know below targets, which will achieve before Jan 2021
Gold - Above 62000
Silver - Above 95000
INR - Above 78
Nifty - Below 10000
Banknifty - Below 18000
1/n
It took complete 2 months for me to study & understand what had happened in 1929,1961,2000, 2008, Mar-2020 what time it happened why it happened in that time only and how different Govts handled those situations.
2/n
2/n
Back in 2010, we had the very early stages of QE ,it was controversial for the FED to be involved with a few Billion dollars in the market every month. Now we have trillions of dollars, we know in 2010 QE was new now it’s over a decade old and it’s ramping up.
3/n
3/n
Daily Bookmarks to GAVNet 6/12/2020-2
greeneracresvaluenetwork.wordpress.com/2020/06/12/dai…
What Doctors on the Front Lines Wish They’d Known a Month Ago - The New York Times
nytimes.com/2020/04/14/nyr…
#CommonSense #Covid19 #Doctors #coronavirus
greeneracresvaluenetwork.wordpress.com/2020/06/12/dai…
What Doctors on the Front Lines Wish They’d Known a Month Ago - The New York Times
nytimes.com/2020/04/14/nyr…
#CommonSense #Covid19 #Doctors #coronavirus
Don’t Lose the Thread. The Economy Is Experiencing an Epic Collapse of Demand. - The New York Times
nytimes.com/2020/06/06/ups…
#collapse #epic #demand #economy
nytimes.com/2020/06/06/ups…
#collapse #epic #demand #economy
Defund (and redesign) everything. - Deep Code - Medium
medium.com/deep-code/defu…
#defund #institutions #redesign
medium.com/deep-code/defu…
#defund #institutions #redesign
Barring 1or 2 States in India, every State has fcuked up with #COVID19 tackling due to unplanned lockdown, messy implementation, inadequate funds, no consideration for poor
+ our Cent. Govt is fcuking up with the sinking economy.
+ our neighbours are scaring the sh*t out of us.
+ our Cent. Govt is fcuking up with the sinking economy.
+ our neighbours are scaring the sh*t out of us.
+ Modi govt is continuing with its theatrics and propaganda rubbing salt & mirchmasala on our wounds.
We are a fcuked up nation.
We will expose ourselves with our rising covid cases soon.
#EconomicCrisis #CoronaUpdatesInIndia
We are a fcuked up nation.
We will expose ourselves with our rising covid cases soon.
#EconomicCrisis #CoronaUpdatesInIndia
What can we expect from a PM who propagated the foolish theory of thali banging in the midst of 12 hour Janta curfew on 22/3 when we had not even started our covid battle. Whose efforts were we applauding at that stage?
What did we bang our thalis for?
What were we celebrating?
What did we bang our thalis for?
What were we celebrating?
#Lockdown is critical for slowing the spread of #COVID19, and India has displayed firm resolve in enforcing it.
Massive labour churn; CMIE Data indicates that 120 million people have lost their jobs. We will need strong Govt action to revive the Economy.
theprint.in/opinion/india-…
Massive labour churn; CMIE Data indicates that 120 million people have lost their jobs. We will need strong Govt action to revive the Economy.
theprint.in/opinion/india-…
We're already in a Global #Recession, the kind of which hasn't been seen in a century. It could get a lot worse, and we need to be prepared. #ViciousCycle 🔁 : Businesses shuttered, Labour furloughed, Expenditure cut and Demand destroyed. @MD_Nalapat
nationalinterest.org/blog/buzz/what…
nationalinterest.org/blog/buzz/what…
The #lockdown and media-fuelled fear have completely brought the economy to a grinding halt. At some stage, #starvation may overtake #COVID19 as the leading cause of death. States like Punjab are finding innovative ways to balance health & economics.
theprint.in/india/this-is-…
theprint.in/india/this-is-…
For startup founders: How to stay productive while working from home? An evening coffee tweetstorm. ☕⚡
#coronavirus #EconomicCrisis #WorkFromHome #tweetstorm
#coronavirus #EconomicCrisis #WorkFromHome #tweetstorm
Firstly, reduce clutter. There's all sorts of clutter these days on social media and even people bombarding you with all sorts of content on messaging apps.
To reduce clutter, reduce the time you spend on your phone and social media. For news and happenings, only follow a good, credible source of news that you enjoy reading.
#economiccrisis , #socialinstability #autocraticgovt #utterdenialofModimadeeconomicblunders #Delhigenocide #kashmirissuffering #CAA_NRC_NPR all of these & much more have taken a toll on most of us peace-loving Indians who reject hate/bigotry & 1/n
believe strongly in our Constitution.
I am at loss of words.
Many instances of Hindus helping Muslims & vice versa give a ray of hope. But it is equally disturbing that we get impressed by & HAVE to share such acts of brotherhood even after 75 yrs of independence. 2/n
I am at loss of words.
Many instances of Hindus helping Muslims & vice versa give a ray of hope. But it is equally disturbing that we get impressed by & HAVE to share such acts of brotherhood even after 75 yrs of independence. 2/n
Sharing a lengthy post by Anant Iyer (dont know who he is..but he has voiced the exact thoughts of thousands of us)
#DelhiRiots2020 #Delhigenocide #CAA #CAA_NRC_Protests #Resistance 3/n
#DelhiRiots2020 #Delhigenocide #CAA #CAA_NRC_Protests #Resistance 3/n
The 1st Emperor of unified China,Qin Shi Huang(221–210 BC),sought to prevent critical comparison with pr. rulers by removing all historical & philosophical texts from private hands & placing them in the imperial library,where only officially approved scholars had access to them/1
/2-Source:"The Secret World:A History of Intelligence" by C.Andrew
Provides an indication why Nazis burnt books and took control of Universities. Also a pointer why the present #BJP Govt. is obsessed about infiltrating Universities,controlling discourse via lakhs of WhatsApp grps
Provides an indication why Nazis burnt books and took control of Universities. Also a pointer why the present #BJP Govt. is obsessed about infiltrating Universities,controlling discourse via lakhs of WhatsApp grps
/3 ...having an extremely well oiled Propaganda machine across the Media & Fourt Estate that extolls the 'virtues' of the present totalitarian regime and cast aspersions on all regimes of the past primarily Nehru's-Nehru gets attacked more than Jinnah or Yahya Khan-as we become..
A simple understanding of the slowdown that has gripped us since 2015 (we are discounting all growth numbers put out) #EconomicSlowdown
Demographics bite–India’s Unemployment rate has spiked from 3.5% in 2010 to over 6% in 2018 : some estimates put this no. At over 9% for 2019
Demographics bite–India’s Unemployment rate has spiked from 3.5% in 2010 to over 6% in 2018 : some estimates put this no. At over 9% for 2019
Gross Domestic Savings rate as a % of GDP has fallen from 34% in 2010 to 29% in 2018 – FYI we grew from 22% in 1991 to 26% in 1995 and from 28% in 2003 to 34% in 2010 (the so called boom years)
Gross Investment has fallen from a high of 41% of GDP in 2012 to 32% in FY 18
Gross Investment has fallen from a high of 41% of GDP in 2012 to 32% in FY 18
Subsidies remained flat during 2014 – 2018 (marginal increases ) compared to a near 6X increase between 2005 – 13 (putting more money in the hands of the consumer).
STAGFLATION in the Rural Economy between 2014-2019 did not help
STAGFLATION in the Rural Economy between 2014-2019 did not help
