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OECD cuts global growth outlook, warns of deeper damage without Iran peace deal

Investing.com — The Organisation for Economic Co-operation and Development (OECD) sharply cut its global growth forecast, warning that the economic fallout from the U.S.-Iran war could deepen significantly without a swift and lasting peace agreement. The organization projected world growth slowing to 2.8% this year from 3.4% in 2025, with a partial recovery to 3.1% penciled…

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South Sudan: 'There Is No Food' – Multiple Crises Push South Sudan Deeper Into Hunger

As conflict, flooding, displacement and economic shocks converge, millions of people across South Sudan are facing emergency levels of hunger. The World Food Programme is racing to deliver food and nutrition assistance in hard-to-reach areas, but access and funding constraints threaten to leave families without support. There were no clothes, not even a blanket to…

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Latvia eyes deeper economic ties with Israel in high-tech sectors (Exclusive)

Shorouk Express BAKU, Azerbaijan, August 15. Latvia has reaffirmed its commitment to deepening economic cooperation with Israel, focusing on innovation-driven sectors such as defense technologies, green energy, and precision medicine, the Ministry of Economics of Latvia told Trend. According to the ministry, the Latvia–Israel Business Forum, organized in cooperation with the Israel Export Institute, aimed…

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Kazakhstan and Romania discuss deeper economic and diplomatic engagement

Shorouk Express ASTANA, Kazakhstan, August 1. Deputy Minister of Foreign Affairs of Kazakhstan Arman Isetov held a meeting with Romanian Ambassador to Kazakhstan Madalina Lupu, Trend reports via Kazakh MFA. During the talks, both sides highlighted the dynamic and steadily progressing nature of cooperation, discussing a wide range of issues in bilateral and multilateral formats….

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