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| {{Main|Setting of Nouvelle Alexandrie}} | | {{Main|Setting of Nouvelle Alexandrie}} |
| {{See also|NBC Newsfeed}} | | {{See also|NBC Newsfeed}} |
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| *'''Economic & Social''':
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| ** '''[[Recession of 1726]] and ongoing economic recovery''':
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| *** ''Causes'': Droughts in [[Alduria]]; the [[Great Skerry-Valencian Drought (1720-1728)]] affecting [[New Luthoria]], [[Valencia]]. High levels of agricultural failure that lead to climbing food prices across Nouvelle Alexandrie. [[1725 Constancian crisis]] also had ripple effects with the failure of some [[Eura|regional]] banks, affecting Nouvelle Alexandrie.
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| **** Departure of [[Floria]] and impending departure of [[Shireroth]] from [[Raspur Pact]] add uncertainty and instability that worsened the recession during {{AN|1727}}. This included sabre rattling over [[Greater Floria|Florian revanchism]] and related diplomatic spats with [[Shireroth]] and [[Natopia]] that spooked markets, leading to a huge drop in the NAX stock market.
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| **** Recession led to steep job losses, high levels of corporate and personal bankruptcies, and a cost of living crisis. Furthermore, high levels of corporate debt racked up over years of cheap capital and high demand before the recession - in particular in the housing, agriculture, construction, and finance sectors.
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| **** Lower housing demand and a recent update to regulations by the [[Department of Treasury (Nouvelle Alexandrie)|NAX Treasury Dept.]] led to the possibility of a full-blown property crisis, fueled by developers' excessive borrowing during an era of cheap capital and high demand when the economy was doing better;
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| *** ''Current status'': Economic recovery is fragile but consistent since the end of {{AN|1727}} and well into {{AN|1728}}. This has led to lower inflation and slowly, back to lower unemployment. Stock market finishing in new highs, along with modest improvement across most economic sectors is fueling the recovery.
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| **** X.{{AN|1728}} [[NBC_Newsfeed/1728#Nouvelle_Alexandrie_Economic_Dashboard_(8.X.1728)|NAX Economic Dashboard, Data]]
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| **** Real estate market is currently stable, but some of the developers and some banks are still ailing under the weight of their corporate debt. The [[Federal Bank of Nouvelle Alexandrie]] and the
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| **** Trade deals with [[Natopia]], [[Constancia]], and [[Oportia]]. [[Fontainebleau_Accords#1726:_A_Stronger_Eura|1726-1727 round of talks]] at [[Fontainebleau]] by the [[Euran Economic Union]] and the [[Community of Goldfield]] nations led to trade deals, technology transfers, and other measures to improve and ease commerce between the nations. [[Oportia]] joined the [[Euran Economic Union]]. Increased trade with nations such as [[Aerla]], [[Cakaristan]], [[Anahuaco]], and others.
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| **** Ongoing droughts showed much improvement end of {{AN|1727}} through start of {{AN|1728}}, leading to better reservoir numbers, renewed confidence in an agricultural recovery, and improved after a period of heavy rains across many of the affected areas, bumper crop expected after heavy rains.
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| **** Nouvelle Alexandrie now depends heavily on food imports from the [[Benacian Union]] ([[Ransenar]]), [[Vegno]], and [[Natopia]] to help fuel a recovery by directly addressing the high food prices fueling inflation and food insecurity in some areas of the Federation.
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| *** ''Current fiscal situation'': Government pledge to retain tax levels through term to spur economic activity has largely worked in not making the recession worse, but it has led to a budget deficit of at least 110 billion ecus:
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| **** Budget deficit mainly due to greater spending on social programs (mainly to support the unemployed), defense, public security, transfers to the [[Administrative divisions of Nouvelle Alexandrie|Regions]], and job training/retraining programs for the unemployed/young workers;
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| **** There are special spending funds created prior to {{AN|1703}} that exist today that still have significant reserves, some having been used to help the government deal with the [[Recession of 1726]].
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| ** '''Higher criminal rates across Nouvelle Alexandrie'''
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| *** ''Background'':
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| **** (opportunity to develop details about Nouvelle Alexandrie's mafia, organized crime, and how crime/law enforcement is in Nouvelle Alexandrie)
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| *** ''Causes'':
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| **** [[Recession of 1726]]
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| **** (Exploration of other reasons, opportunity to develop details about Nouvelle Alexandrie's mafia, organized crime, and how crime/law enforcement is in Nouvelle Alexandrie)
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| *** ''Current status'':
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| **** Increased spending by federal and regional governments for law enforcement/public safety and programs to reduce recidivism;
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| **** Pilot program started by some regions called [[Safe Alexandria]] that has obtained funding from the federal government, has shown moderate success with current implementation, but more improvement could be made to the program as it stands.
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| *** ''Criminal data'':
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| **** [[NBC_Newsfeed/1728#11|11.1728 Federal Gendarmerie Data Release]]
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| ***** Violent Crimes Up by 7%, Property Crimes Increase by 5%
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| ***** Crime rates have soared particularly in economically struggling [[Administrative divisions of Nouvelle Alexandrie|regions]] (the hardest hit by the recession: [[Alduria]], [[Santander]], [[Valencia]], [[New Luthoria]]), with urban centers like [[Cardenas]], [[Rimarima]], [[Piriya]], [[Lausanne]], and [[Punta Santiago]] reporting the highest spikes.
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| ****** The Federal Gendarmerie notes a 9% increase in burglaries and a 6% rise in assaults in these areas.
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| ==Natopia== | | ==Natopia== |
