Economic growth will decelerate across advanced and emerging market economies, Moody's has said, noting that contractions in Turkey and Argentina, as well as a slowdown in China amid an escalation in trade war, will pull down aggregate G-20 emerging growth in 2019.
The economic cost of climate-related disasters hit $2.25 trillion over the last two decades, an increase of more than 150 percent compared to the previous 20 years, the UN said Wednesday, reports AFP.
The United Nations Office for Disaster Risk Reduction (UNISDR) noted that "climate change is increasing the frequency and severity of extreme weather events" such as floods and storms.
The number of people living on less than $1.90 a day has fallen to record low of about 655 million - or 9 percent of the world's population - but a global target of ending extreme poverty by 2030 is unlikely to be met, the World Bank said on Sept. 19.
Everybody realizes that the conditions have to be met, that quality comes before speed, that the strategy is not an invitation to do away with conditionality, Hahn, who is in charge of EU's neighborhood policy and enlargement negotiations, told an informal meeting in Sofia, Bulgaria.
The meeting on Friday gathered EU and Western Balkan foreign ministers.
Turkey provided official development assistance worth $21 billion to 170 countries from 2010 to 2016, according to data from the state development aid agency.
Since the first memorandum of understanding (MoU) between Greece and its creditors in 2010, one word has been the central point of reference: "conditionality." In other words, the conditions attached to the loans from our European partners and the International Monetary Fund are based on a certain logic: money for Greece in order for it not to go bankrupt and cover its current expenditures, as