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Common indicators include a state whose central government is so weak or ineffective that it has little practical control over much of its territory; non-provision of public services; widespread corruption and criminality; refugees and involuntary movement of populations; and sharp economic decline. [1]
State collapse is a sudden dissolution of a sovereign state. [1] It is often used to describe extreme situations in which state institutions dissolve rapidly. [2] [1]When a new regime moves in, often led by the military, civil society typically fails to rally around the central government, and societal actors fend for themselves at the local level. [1]
On January 19, 2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government spending and the national debt that the U.S. government accrues. [1] [2] In response, Janet Yellen, the secretary of the treasury, began enacting temporary "extraordinary ...
The center-left Social Democratic Party (SPD) stepped up to fill the gap she left when it emerged as the largest party in Germany’s parliament, or Bundestag, in the 2021 federal election.
The US government passes a federal budget every year. This budget details projected tax collections and outlays and, therefore, the amount of borrowing the government would have to do in that fiscal year. A vote to increase the debt ceiling is, therefore, usually seen as a formality, needed to continue spending that has already been approved ...
The 19th Century spending law banned the government from entering into contracts without congressional approval; for almost a century, if there was a gap in budgets, the government had allowed ...
There have been concerns of democratic backsliding under the Nana Akufo-Addo administration, largely due to increasing attacks on protests. For example, a protest made by the opposition party National Democratic Congress on 6 July 2021 against rising insecurity was met with massive police brutality.
The figures were 66% and 63% for government and business leaders, respectively. These results come as the countries across the world have struggled to contain the novel coronavirus since 2020 ...