To receive their share of the money, EU members must submit their plans for the funds by the end of April, with at least 37 percent of planned budgets dedicated to fighting climate change.
Abdul Kader Tizini, who has a master’s in engineering from a top university, finds it’s even harder to find work as a foreigner as virus-driven hiring freezes and layoffs pit him against native graduates and unemployed professionals.
Turkish Finance Minister Lutfi Elvan says January inflation figures far from targets as country posts 14.97 percent annual rise in consumer prices for the past month.
Global economy will grow 5.5% this year, but it will continue to face "exceptional uncertainty" due to new waves of infections, IMF says.
World leaders hold a virtual G20 event headlined “A Crucial Year to Rebuild Trust”, instead of the traditional January event in Davos, Switzerland.
US President Joe Biden is signing two executive orders that will increase food aid, protect job seekers on unemployment and clear a path for federal workers and contractors to get a $15 hourly minimum wage.
Last month, the United States imposed sanctions on Turkey’s defence industry chief and others over Ankara’s acquisition of S-400 missile defence systems from Russia, a move that Turkey called a “grave mistake.”
Turkish economy is projected to grow 2.6 percent and 3.5 percent in 2021 and 2022 respectively in latest economic survey by Organisation for Economic Co-operation and Development.
The financial hub plunged into its first recession since the 2008 global financial crisis in the second quarter of 2020 when the government closed most workplaces as part of drastic measures to contain Covid-19 infections.
Iranian parliamentary officials announced 35 percent of the country’s population live under the poverty line and most of them face the risk of malnutrition.
Coronavirus economy leaves gig economy workers, including delivery app workers, in fear that they won't be able to survive on meagre earnings from jobs that leave them increasingly vulnerable.
A think tank forecast that the economic fallout in the US from the Covid-19 pandemic will help China gain an edge in the world economy.
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