Tensions across the religious-secular fault lines in the country could not be reconciled, and freely elected leaders failed to deliver on the 2011 uprising’s cry for bread, freedom and dignity.
Tag: Economic Conditions and Trends
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Hungary’s Viktor Orban Faces a New Foe: Economics
The Hungarian leader is being confronted with soaring inflation and a depreciating currency linked to unsustainable spending by his government.
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To Escape the War, Ukraine’s Factories Are Moving West
The government is working to save hundreds of businesses from Russian bombs, remaking western Ukraine into the country’s new economic heartland.
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Germany’s €9 Monthly Train Pass Has Proved Popular (and a Pleasant Surprise)
To help offset inflation, Germany’s government has subsidized cheap train passes this summer. While many feared chaos and overcrowding on an overburdened system, it has been a relatively smooth ride.
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Japan Bounces Back to Economic Growth as Coronavirus Fears Recede
A public weary of virus precautions pushed up consumption of goods and services, but the longer-term picture is uncertain as the global economy weakens.