Keywords: Economic recovery


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......

Venezuela says oil production remains stable despite deadly earthquakes

Venezuela has confirmed that its oil industry continues to operate normally despite the devastating twin earthquakes that struck the country, causing widespread destruction and claiming more than 4,500 lives. Speaking during a televised meeting with business leaders, acting President Delcy Rodríguez......

Iraqi Prime Minister Ali al-Zaidi seeks major US energy investment during Washington visit

Iraqi Prime Minister Ali al-Zaidi is expected to use his first official visit to Washington to pursue major investment agreements with American companies, as Baghdad seeks to rebuild its energy sector and strengthen economic resilience after the recent regional conflict with Iran. The visit, scheduled......

Bahrain rules out using UAE currency swap as it seeks formula one return

Bahrain has confirmed that it has not drawn on its $5.3 billion currency swap agreement with the United Arab Emirates, despite mounting economic pressure linked to regional instability. Speaking to Reuters, Noor bint Ali Alkhulaif said the financial arrangement remains untouched as the kingdom continues......

Eurozone services sector shows signs of recovery as inflation pressures ease

The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI)......

IMF signals Malawi credit programme depends on bold economic reforms

The International Monetary Fund (IMF) has indicated its readiness to advance a credit support programme for Malawi, while stressing that continued financial assistance will depend on the government’s commitment to implementing key economic reforms. The statement comes as discussions progress between......