Gdp

Drought, floods and sickness: Key takeaways from UN's water report

To achieve the UN's sixth 'Sustainable Development Goal' of ensuring access to clean water and sanitation for all by 2030, a study estimates it would cost more than $1 trillion per year.

Russia enters recession as GDP shrinks by 4%

With two consecutive quarters of falling GDP, Russian economy continues to contract, but it has so far survived Western sanctions over its Ukraine offensive better than many economists expected.

IMF board okays $1B disbursement for Pakistan

IMF says its loan programme has strengthened the South Asian country's fiscal buffers before the Covid pandemic began, and a strong economic recovery has taken hold since mid-2020.

China's economy surpasses the European Union's for the first time

By 2030, China is forecast to become the world's largest economy, for now, it has just surpassed the EU.

UN: Climate crisis threatens nearly 120M in Africa

"By 2030, it is estimated that up to 118 million extremely poor people will be exposed to drought, floods, and extreme heat in Africa if adequate response measures are not put in place," says UN study.

Cost of 10 years of devastating war in Syria

We look at the human and financial cost of the war according to the data from UN bodies, international NGOs and Syrian civil society groups.

Thousands join protests in Lebanon as local currency continues to slide

Thousands of people took to the streets of central Beirut to demand a new independent government to lift Lebanon out of its deepening economic crisis.

Moody’s upgrades Turkey's economic growth forecast

The rating agency revises Turkey's economic growth rate to 4 and 5 percent for 2021 and 2022, respectively.

Fitch: Turkey's outlook stable, credit rating 'BB-'

Rating agency Fitch keeps Turkey’s credit status at “BB-” and revises outlook from “negative” to “stable”.

IMF forecasts six percent GDP growth for Turkey in 2021

Although the novel coronavirus caused a decline in economic activity and employment in the second quarter of 2020, the IMF said the initial policy response to the pandemic led to a sharp rebound in gross domestic product (GDP).

Tunisia arrests hundreds as riots continue across the country

The protesters have made no clear demands in demonstrations, which authorities described as riots, held in some 10 cities around the country.

China's economy grew faster than expected in 2020 despite pandemic

GDP of the world's second biggest economy grew 2.3 percent in 2020, making the Asian giant the only major economy in the world to avoid a contraction last year.