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REPORTS
UN says Gaza struggling with most severe economic crisis on record
Gaza’s economy has collapsed to unprecedented levels, with GDP per capita falling to just 58 cents a day in 2025, according to the UN trade body.
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ECONOMIC DIVIDE
Israel’s record GDP reduction
The most recent report was a shocking one: the steep decline in economic activity in Israel.
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Sun descends for Japan as it loses title of ‘third largest economy’
Japan has been overtaken by Germany as the world’s third-largest economy, after the Asian country slipped into recession, according to data released Thursday, as the country battles a weak yen and an ageing, shrinking population.
PALESTINE
UN: Israeli war renders Gaza ‘uninhabitable;’ restoration will take ‘decades’
The UN says the ongoing Israeli war has left the Gaza Strip “uninhabitable” and that the destruction will take “decades” to reverse.
ECONOMY
UK economy flatlines as mass strikes chip at growth: Data
The UK economy has failed to grow in February after being hit by the effects of strikes across the public sector and weakness in industrial output.
RUSSIA
Putin says ready for talks, orders truce; Ukraine rejects both
President Putin says Russia is ready for a serious dialog with Ukraine as he orders a 36-hour ceasefire over Orthodox Christmas. Kiev dismisses the offers as hypocrisy and propaganda.
ECONOMY
UK ‘already in recession’ as Bank of England raises interest rates
The BoE on Thursday decided to increase the interest rate by 0.5 percentage points.
ECONOMY
Watchdog: UK economy 'running on empty' as recession signals mount
The UK economy is showing signs of stalling, as high inflation threatens a recession across the country, an industry watchdog survey has revealed.
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