Keywords: Economic recovery


IMF warns of economic contraction in the Middle East as war disrupts energy and trade

The International Monetary Fund (IMF) has warned that the continuation of the war in the Middle East poses a major threat to economic stability across the region and Central Asia, with disruptions to energy production, shipping routes and critical infrastructure weighing on growth prospects. The scale......

Germany: IfW Raises Growth Forecast for 2026 to 1.3%

After several challenging years, the German economy appears to be on the mend. The Institute for the World Economy in Kiel (IfW) raised its growth forecast for 2026 on Thursday, now predicting a 1.3% increase in gross domestic product. The institute believes that economic activity has passed the lowest......

China: Industry Remains Under Pressure Despite Slight Improvement in Manufacturing Sector

The Chinese industry is still struggling to regain sustainable momentum. The manufacturing sector remained in contraction territory in August for the second consecutive month, despite a rise in its activity index compared to July. With weak domestic demand, a real estate crisis, and international uncertainties,......

Colombia declares economic emergency after devastating earthquake

Colombia has declared an economic emergency following a powerful earthquake that caused extensive damage and left hundreds of people dead, as the government prepares a broad recovery and reconstruction program. President Abelardo de la Espriella announced the emergency measures, saying the government......

Ukraine says international partners have provided nearly $200 billion in budget support since 2022

Ukraine has received nearly $200 billion in direct budget support from international partners since the beginning of 2022, according to the governor of the National Bank of Ukraine, highlighting the crucial role of foreign financial assistance in sustaining the country's economy during the ongoing......

Spain unemployment rate drops below 10% as labour market reaches new milestone

Spain’s labour market delivered a significant improvement in the second quarter of 2026, with unemployment falling below the 10% threshold for the first time in years and reaching its lowest level since 2008. Data released by Spain’s National Statistics Institute showed that the unemployment......

UN secretary-general calls for stronger international support for Syria

United Nations Secretary-General António Guterres has called on the international community to step up its political, economic and humanitarian support for Syria, stressing that sustained international engagement will be essential to the country’s recovery and reconstruction. Speaking at......

Bolivia moves closer to IMF financing package worth up to $2.8 billion

Bolivia is on the verge of securing a major financial support package from the International Monetary Fund (IMF), a development that could strengthen the country's foreign currency reserves and unlock additional funding from international lenders. Economy Minister Gabriel Espinoza said an agreement......

China’s youth unemployment rate falls to one-year low as labor market shows signs of improvement

China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed......