Here’s a look at the European Debt Crisis, which affected Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys …
Bahrain’s GDP shrinks 6.9% due to pandemic
The proportion of the transportation and communications sector contribution to the national GDP saw the highest decline of 41.43% …
Georgia Flood Insurance
Flooding in Georgia is very common. Every year, tropical storms, thunderstorms and tornadoes bring heavy rain, storm surges and flash flooding to various parts of the state. Traditional homeowners …
Volume of loans issued to public organizations in Azerbaijan doubles
TANAP’s total gas supplies to Turkey to reach 12 bcm as of June 30,2021 Oil&Gas 16:10 Armenians destroyed hundreds of historical, architectural monuments in Azerbaijan’s Shusha – PHOTO (EXCLUSIVE) …
How to Save Lebanon From Financial Ruin and Starvation
Lebanon is in crisis. It is now home to 1.6 million Syrian and Palestinian refugees and their descendants. The government is democratic but barely functions as numerous political parties, mostly …
Azerbaijan’s PM signs order on restoration of facilities damaged in Patriotic War
Azerbaijani Prime Minister Ali Asadov signed a decree ‘on additional measures for the restoration of damaged facilities and carrying out repair and construction work for eliminating damage caused …
Saudi wealth fund to inject large portion of $6 trillion investment into economy
Saudi Arabia’s sovereign wealth fund is set to finance a large chunk of a $6 trillion economic program for the kingdom over the next decade. Public Investment Fund, Riyadh, and the Saudi private …
Malaysia’s new Covid-19 lockdown, emergency may attract foreign funds, some say
Malaysia’s nationwide emergency announced this week to curb escalating coronavirus cases may temporarily halt political uncertainty and attract foreign funds to the Southeast Asian country, according …
South Korea top court upholds 20-year prison sentence for former president Park
Park Geun-hye has denied wrongdoing in the corruption charge that led to her downfall in 2017, but several courts have upheld the initial ruling including a retrial last year.
Philippines eyeing $800 million loan for vaccine program
The Philippines is currently in talks with the World Bank and the Asian Development Bank for at least $800 million (about P39 billion) in loans to fund the government’s COVID-19 vaccination program.