The economic and financial crisis roiling Lebanon is the gravest threat to its stability since the 15-year civil war ended in 1990.
Ruling party candidate Mohamed Bazoum is seen by many as the favourite after leading in the first round on December 27 with 39.3 percent of the vote. Polling stations opened at 0700 GMT and will close at 1800 GMT (8 am to 7pm) local time.
The international financial institution said that with the additional approvals of 2020, the active lending portfolio in Turkey rises to $6.7B in support of 21 projects.
The Covid-19 pandemic has ravaged economies globally, but Pakistan has been on the receiving end of a boom that could continue until the end of this year.
IMF warns that the brunt of the economic impact is being borne by lower income families, predominantly Black and Hispanic, who are least able to weather the downturn.
The IMF predicts that the global economy will shrink 4.9 percent this year, calculating damages worse than from any other downturn since the Great Depression of the 1930s.
While most Turkish students have returned home, international students are mainly confined to their dormitories, unsure of what the future holds.
Africa's most advanced economy is talking to the International Monetary Fund (IMF), World Bank, New Development Bank of the BRICS and African Development Bank to source funding to contribute to a $26.5 billion rescue package against Covid-19.
Protests demanding the removal of politicians deemed incompetent and corrupt have gripped Lebanon since October 17 and forced the resignation of the government.
Why the government's austerity measures and claims of decreasing inflation don’t sit well with regular Egyptians.
Recession-hit Argentina has suffered market volatility since business-friendly President Mauricio Macri was trounced in party primaries three weeks ago by leftist challenger Alberto Fernandez.
The peso got slammed for a third day on Wednesday, despite President Mauricio Macri's measures to soften the impact of austerity on voters.
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