The EU's Spring 2023 Economic Forecast predicts subdued growth across the 27-country bloc but suggests there are mounting risks to financial well-being. The ongoing conflict in Ukraine has again been singled out as a particular concern.
A British think tank has warned that nearly 1.6 million British households are yet to encounter a 2,300 pound ($2,903) payment surge following the mortgage rate increase amid the UK’s persisting housing crisis.
Iran’s Finance Minister Ehsan Khandouzi has praised the recent agreement between Iran and Saudi Arabia to restore diplomatic ties, saying the detente will boost bilateral trade and investment.
The steep rise in energy prices across Europe following the bloc's anti-Russia sanctions linked to the war in Ukraine may have killed more Europeans in winter than the COVID-19 pandemic, The Economist has reported.
A new report suggests the number of people experiencing acute food insecurity and requiring urgent nutrition aid increased by 65 million across the globe in 2022.
President Seyyed Ebrahim Raeisi has lauded a comprehensive agreement on long-term strategic cooperation between Tehran and Damascus, saying the deal marks the beginning of a new chapter in “brotherly and friendly ties” between the two Muslim nations.
The Taliban have banned iron smuggling in Afghanistan since coming to power.
Canadians have flocked to food banks as the country is facing a "food crisis" triggered by skyrocketing inflation and the rising cost of living, the CEO of Canada's largest food bank has warned.
Iran and Venezuela have signed a series of Memoranda of Understanding (MoUs) to expand oil sector cooperation between the two countries, according to a report by Iranian oil ministry’s news service Shana.
Iranian President Seyyed Ebrahim Raeisi has ordered a government economic reshuffle amid his efforts to contain rising inflation in the country.