Gaza facing worst economic collapse ever recorded, UN trade agency warns

This article is published in association with United Nations. The Occupied Palestinian Territory is now in its deepest economic crisis ever recorded, with Gaza suffering an “unprecedented and catastrophic” collapse, according to a new report from the UN Conference on Trade and Development (UNCTAD) presented in Geneva on Tuesday. Speaking at the launch of UNCTAD’s 2025 […]

EIB Global lends Armenia €50 million for development in Syunik province

This article is published in association with European Investment Bank. The European Investment Bank’s development arm, EIB Global, is lending €50 million to the Republic of Armenia for key socio-economic projects in the country’s southernmost province. The new financing agreement was signed during the first-ever visit by an Armenian Deputy Prime Minister to the EIB Headquarters. […]

EIB Group backs more than €15 billion in new investment

This article is published in association with European Investment Bank. The European Investment Bank Group approved a total of €15.5 billion in new financing to back business growth and corporate innovation, improve transport and energy connectivity, invest in housing and strengthen water resilience. The decisions were made at the July board meetings of the EIB and […]

How data can help address crises and support an equitable economic recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adrian Lovett, Chief Executive Officer, Development Initiatives As hundreds of global leaders arrive in the Chinese city of Tianjin for the World Economic Forum’s “Summer Davos”, the predicted 35C daily temperatures will feel very different to the wintry […]

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