Türkiye has secured a total of $6.4 billion from international sources to help the southeastern region recover after the deadly 2023 earthquakes, according to the Treasury and Finance Ministry.
Most recently, the World Bank approved a $500 million loan to help protect and create jobs in the 11 provinces hit hardest by the disaster, along with seven nearby areas. The deal was signed on May 23 and will support employment efforts through Türkiye’s Development and Investment Bank.
Out of the total $6.4 billion raised since February 2023, around $2.4 billion has been directed toward helping businesses and exporters.
Finance Minister Mehmet Simsek said that the government is focused on creating jobs, boosting production, and making financing more accessible. He added that the money, secured through strong partnerships with global organizations, is being used effectively to support economic growth.
French authorities imposed local curfews in parts of Paris, Lille and Nice on Monday after a weekend of riots and looting linked to nationwid...
Torrential rain and flooding in eastern Spain have killed at least four people, forced thousands to evacuate an...
U.S. President Donald Trump’s approval rating has fallen to its lowest level across both of his presidential terms, while Democrats have wide...
U.S. President Donald Trump has criticised Ukrainian President Volodymyr Zelenskyy for continuing to target Russia's energy infrastructure, while Russian strikes on Kyiv overnight killed at least one person and damaged a metro station.
What started out as planned protests against the cost of living, declining public services and education funding in France, quickly devolved into violent riots across the country on Saturday.
The day after waiving sanctions and tariffs related to Russian exports, U.S. President Donald Trump said on Saturday he has yet to announce a final decision on the matter as Secretary of State Marco Rubio said officials want more time to evaluate the situation.
A Saudi AH-6i helicopter crashed in the Najran region of Saudi Arabia due to a technical malfunction, killing its two crew members, the Saudi-led coalition's spokesman Brigadier General Turki al-Maliki said in a statement on Sunday.
French President Emmanuel Macron has condemned the violence, looting and vandalism that erupted during cost-of-living protests across France. Prime Minister Sébastien Lecornu held crisis talks on Monday, calling for partial curfews and raising the possibility of a state of emergency.
French authorities imposed local curfews in parts of Paris, Lille and Nice on Monday after a weekend of riots and looting linked to nationwide anti-government protests, as the government faced mounting criticism over security failures.
Torrential rain and flooding in eastern Spain have killed at least four people, forced thousands to evacuate and left tens of thousands of residents under shelter-in-place orders, as emergency crews rescued people stranded on rooftops.
U.S. President Donald Trump’s approval rating has fallen to its lowest level across both of his presidential terms, while Democrats have widened their lead over Republicans ahead of the 3 November congressional elections, according to a Reuters/Ipsos poll.
Chinese Premier Li Qiang arrived in Tajikistan on Sunday for an official visit and a major regional summit, with security, trade and transport links high on the agenda as Beijing strengthens its ties with Central Asia.
The U.S. and five Central Asian nations have held high-level talks in Samarkand, focusing on trade, investment and regional security as Washington seeks to strengthen its presence in the strategically important region.
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