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The timing of arms supplies to Ukraine is crucial now that military experts argue that the right moment to launch an offensive against the invading Russian forces is just weeks away.
South Africa declares a state of disaster as it grapples with a severe energy crisis that has far-reaching impacts on its economy and society. The country's coal-fired power plants, which generate 95% of its electricity, fail to provide enough power.
Country’s banking system assessed as in strongest position it has been in for many years, but vulnerabilities “could be exposed if concerns about the global banking system were to escalate”.
“We will fulfil our historical responsibility against one-man rule,” says co-chair of pro-Kurdish HDP.
The pace and scale of what has been done so far to combat climate change, and current plans, are insufficient to tackle the problem, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.
Landmark report urges nations to urgently start fixing water waste and start managing water as a common good with neighbours.
The Georgian economy has bounced back fast from the series of sharp shocks of recent years, and rather than being dragged down by the polycrisis that has been unfolding.
Ukraine has secured a staff-level agreement with the International Monetary Fund (IMF) for a 48-month $15.6bn Extended Fund Facility (EFF) arrangement, the government said on March 22.
Romania’s fiscal policy continues to consolidate and borrowing needs are at a record high due to the heavy maturity calendar. However, net issuance of ROMGBs is almost the same as last year. Romania is the region's leader with 44% of planned bonds.
Chinese President Xi Jinping just arrived in Moscow on a three-day state visit to Russian President Vladimir Putin that provides the Kremlin with a fig leaf of legitimacy for its military campaign in Ukraine and also promotes China to the top table.
Milo Djukanovic led the first round of the election, but faces a credible threat from newcomer Jakov Milatovic in the runoff.
Russian GDP contracted by 2.1% last year. For the current year, we expect an economic decline of similar magnitude.
Ukraine is the most mine-contaminated country on Earth. Red warning signs bearing skulls and crossbones litter the fields and forests of liberated territories.
Document leaked ahead of general election raised fears about Bulgaria's financial stability.
The Western Balkan countries are following the path established by Central Europe that emerged as a prominent manufacturing and services hub early in the transition period.
Ukraine saw an increase in overdue loans last year, rising from 34% to 39%, Ukraine Business News reported on March 14.
Russia showed a 4.6% year-on-year increase in capital investment spending in 2022, according to the latest report from RosStat statistics agency. An analysis by Kommersant daily suggests that ...
Politicians and intellectuals sign letter arguing that possibility party “could be permanently banned so close to the upcoming elections places Turkish democracy in dire jeopardy”.
On New Year’s eve in Yakutia with temperatures below -40C, all the city's taxi companies tripled their fares on the same day. “It was a cartel,” says Tomsky. So he set up a taxi app that allows users to negotiate prices.