Italy was the first European country to be hit by the pandemic and imposed a strict two-month lockdown, which paralysed much of the country's economic activity. As a result, the country is set for a drop in GDP of between nine and 13 percent.
"Within the framework of the agreement we reached with Libya we will be able to start our oil exploration operations there within three to four months," said Energy Minister Fatih Donmez.
The new facility could buy stakes in, or offer loans to, companies in sectors such as healthcare, space, defence, digital and green technologies.
Berlin prepares to remove global travel warnings starting first with 26 EU member states and then for other countries, Foreign Ministry officials tell TRT World.
Four decades of mistrust between Tehran and Washington isn’t likely to end soon. But it can be managed if mutual diplomacy prevails.
There are millions of migrant workers in the Arab world that demand the world's attention.
Investors focused on the positives despite growing US-China tensions stalling recovery for equities in May, amid signs that many European economies are coming back to life.
With a German politician raising questions about its functioning, the foundation sees itself in the crosshairs of a slanderous campaign.
The government has insisted it will not allow any migrants to land in Malta, saying other EU nations have not kept promises to take migrants already brought to the island.
Former US vice president told an online fundraiser by members of the Jewish community in the US that he was opposed to the move.
Turkey's Communications Director Fahrettin Altun pens article for The Washington Times on the country's fight against coronavirus, highlighting the government's reforms and investments in the health sector.
Global crises are no anomaly in recent history and multilateral institutions have generally emerged stronger in their wake.
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