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 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.
By 2030, China is forecast to become the world's largest economy, for now, it has just surpassed the EU.
"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.
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 of people took to the streets of central Beirut to demand a new independent government to lift Lebanon out of its deepening economic crisis.
The rating agency revises Turkey's economic growth rate to 4 and 5 percent for 2021 and 2022, respectively.
Rating agency Fitch keeps Turkey’s credit status at “BB-” and revises outlook from “negative” to “stable”.
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).
The protesters have made no clear demands in demonstrations, which authorities described as riots, held in some 10 cities around the country.
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.
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.
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