US sanctions and a blockade of Iranian oil exports are deepening the economic crisis in Iran, as crude prices surged towards $100 per barrel amid renewed tensions in the Middle East. Brent crude, the international benchmark, climbed to $97 per barrel on Thursday before retreating to $95.50, according to Oilprice.com, a…
…overall labour-market performance. Greece has also made progress following its prolonged economic crisis. Tourism remains a major employer, although unemployment and youth joblessness remain concerns. Italy continues to record one of the EU’s lowest employment rates, particularly among young people. Structural reforms,…
…confrontations alone could not resolve the crisis in the region, including the nation’s economic crisis stemming from the destruction of oil pipelines across the area. The late Chief Clark, therefore, constituted an Elders Negotiation Committee (ENC) comprising respected sons and daughters of the region, and I had the…
…rollout.” The Bank added that although the reforms helped Nigeria avoid a more severe economic crisis, institutional weaknesses, weak policy coordination, and inadequate budget transparency continue to pose significant risks. It warned that sustained reform implementation, backed by deeper structural measures, would be…
…enforced disappearances, arbitrary arrests, and police brutality, but also an escalating economic crisis… and declining opportunities for millions of young people and families”. Even without the heavy police presence, it is likely that protests would draw much smaller crowds than previous years. Many people say they ar…
…movement in early May to reject US-backed Paz’s ideas for ending the country’s worst economic crisis in 40 years. Demonstrators — mainly blue-collar workers, farmers, miners, truck drivers and teachers — called for an end to the center-right president’s economic reforms and demanded his resignation. Paz has been in pow…