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.
More than 372,000 people were left without electricity in Russia’s southern region of Dagestan after heavy rain triggered severe flooding, of...
Thousands of U.S. Marines have been deployed to the Middle East, the Pentagon says, as Yemen's Iran-backed Houthis report launching a second mi...
The involvement of Yemen’s Houthis has heightened regional tensions as the Iran-aligned group joins the conflict. The U.S. says it is hopeful...
Pakistan Prime Minister Shehbaz Sharif has said his government will absorb a 56bn-rupee fuel subsidy to shield people from rising energy costs link...
Austria’s government on Friday approved plans to introduce a nationwide ban on social media use for children under the age of 14, alongside r...
More than 372,000 people were left without electricity in Russia’s southern region of Dagestan after heavy rain triggered severe flooding, officials said.
Thousands of U.S. Marines have been deployed to the Middle East, the Pentagon says, as Yemen's Iran-backed Houthis report launching a second missile strike on Israel, targeting military bases.
The involvement of Yemen’s Houthis has heightened regional tensions as the Iran-aligned group joins the conflict. The U.S. says it is hopeful of holding talks with Iran in the coming days, while Tehran has said that "talking and bombing is intolerable". Welcome to our live coverage of the conflict.
China is moving ahead with plans to establish a nationwide long-term care insurance system, aimed at supporting its rapidly ageing population and easing the financial burden on families caring for elderly relatives.
The involvement of Yemen’s Houthis has heightened regional tensions as the Iran-aligned group joins the conflict. The U.S. says it is hopeful of holding talks with Iran in the coming days, while Tehran has said that "talking and bombing is intolerable". Welcome to our live coverage of the conflict.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
Turkish military personnel participating in NATO’s mission in Iraq have been “successfully” withdrawn from the country, the Turkish Defence Ministry announced on Thursday.
The United Arab Emirates has told the U.S. and other Western allies that it is willing to participate in a multinational maritime taskforce aimed at reopening the Strait of Hormuz, the Financial Times reported on Friday, citing people familiar with the matter.
U.S. paper currency will bear President Donald Trump's signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday. The change comes as the United States prepares to celebrate its 250th anniversary.
Nepal’s ousted former prime minister, KP Sharma Oli, and former home minister Ramesh Lekhak have been arrested over alleged negligence linked to the deaths of protesters during anti-corruption demonstrations last September.
China is moving ahead with plans to establish a nationwide long-term care insurance system, aimed at supporting its rapidly ageing population and easing the financial burden on families caring for elderly relatives.
The U.S. Congress failed on Friday (27 March) to resolve a six-week funding impasse that has disrupted airports and left tens of thousands of federal workers without pay, raising fears of further travel chaos during the busy spring break period.
Tiger Woods, the former world number one golfer, has been released from custody after being arrested on suspicion of driving under the influence following a crash in Florida, police said.
Turkish military personnel participating in NATO’s mission in Iraq have been “successfully” withdrawn from the country, the Turkish Defence Ministry announced on Thursday.
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