The devastating earthquakes that struck Türkiye last week could result in a loss of up to 1% of the country’s gross domestic product (GDP) this year, said the European Bank for Reconstruction and Development (EBRD) on Thursday. In its latest report, the ERBD said this is a “reasonable estimate” due to the …

The water level behind the Mosul Dam has dropped, causing an electric power plant in the north of the country to shut down. To restore the level to its height, Iraq appealed to neighboring Iran and Turkey to release water to its lands as a solution to the problem, and the …

Restrictions come into effect Wednesday and are valid until June 30… MOSCOW… Under a decree passed last December, effective Wednesday, Russia has limited its grain exports to foreign countries to the amount of 25.5 million tons. The restrictions will be valid until June 30, and do not apply to grain …