Economy News
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Pandemic hastening shift to digital currency: ECB chief
The coronavirus pandemic has accelerated the trend towards digitalization, with non-cash payments on the rise, making a change in the…
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Berlin Airport opens nine years later than planned
An Easyjet machine from Tegel Airport and a Lufthansa flight from Munich are to touch down at the same time…
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G20 extends debt payment for poor nations by 6 months
The Group of 20 nations, representing the world’s biggest economies, has approved the extension of debt payment by an additional…
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Turkey reopens customs gates with Iran, Iraq
Turkey on Thursday reopened its customs gates with Iran and Iraq after months of closure due to COVID-19, Turkey’s trade…
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Tea harvest continues during holiday
Tea producers in northern Turkey continued their harvest on Sunday, which marked the beginning of Eid al-Fitr, the three-day festival…
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IMF calls on world to make green recovery from COVID-19
Fiscal measures implemented by governments against the novel coronavirus need to be harmonized to combat climate change and ensure an…
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Disney stops paying nearly half of staff amid COVID-19
World’s entertainment giant stops paying over 100,000 employees to save up to $500M a month. U.S.-based entertainment corporation Walt Disney…
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Sea links to Istanbul to be suspended over virus
Travel by private boats across city also suspended, while transit cargo, passenger transportation allowed, authorities say. Sea transportation to and…
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Trump: Cuomo should ‘stop talking’ in virus funding row
U.S. President Donald Trump lashed out Friday at New York Gov. Andrew Cuomo as the two leaders traded barbs over…
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G20 okays debt suspension for poor countries amid virus
G20 sets action plan against coronavirus, pledging to navigate through crisis to inclusive global economic recovery. Facing down the coronavirus…
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IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone
The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one…
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Virus brought worst picture since Great Depression: IMF
The International Monetary Fund expects the worst “economic fallout” since the Great Depression due to the novel pandemic, said the…
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Almost 1,300 Migrants Arrived on Northern Aegean Islands in March
A dinghy with 39 migrants and refugees from Afghanistan and Africa arrived early Wednesday along the coast of Kleio on…
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Experts weigh in on whether COVID-19 will delay Brexit
The U.K. and EU chief Brexit negotiators are in self-isolation Friday as a result of the coronavirus outbreak, throwing the…
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Hedgehogs could be at risk in post-Brexit Britain
Hedgehogs are at risk in Britain following Brexit and associated changes to the country’s environmental and agricultural laws, according to…
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