Caretaker Finance Minister Ghazi Wazni has confirmed that Lebanon will scale back food subsidies and gradually raise gasoline prices to save dwindling foreign reserves..

Immigration to Cyprus from non-European Union nations seems to be an excellent choice for those seeking a new home and investing in property in Cyprus is attractive because of the country’s location, attractions, amenities and rich culture.

Surrounded by the Mediterranean Sea, the sunny Republic of Cyprus provides residents and citizens with breathtaking scenery and a relaxed lifestyle.

Lebanon's currency hit a new low against the dollar on the black market Tuesday, continuing its freefall in a country gripped by political deadlock and an economic crisis.

The latest plunge means the Lebanese pound has lost almost 90 percent of its value on the informal market in just 18 months.

Britain's economy hit reverse in January on renewed coronavirus curbs while the nation's post-Brexit EU goods exports suffered a record collapse, official data showed Friday.

Gulay Avsar is a regular at a market in Ankara's old town, where prices are more reasonable than most other places around the Turkish capital. 

Russian President Vladimir Putin and Turkey's Recep Tayyip Erdogan vowed Wednesday to improve cooperation as they launched the construction of a new reactor at Turkey's first nuclear power plant.

Oil prices pressed higher Monday after strikes on major oil facilities in Saudi Arabia, the world's largest oil exporter, shook energy markets already rattled by a decision by oil producers last week to not lift output.

Brent crude, the international standard, surpassed $70 per barrel for the first time in over a year, gaining $1.14 to $70.47 a barrel. It surged $2.62 on Friday.

Asian markets mostly fell Monday as persistent inflation fears overshadowed a forecast-busting US jobs report and Senate approval of Joe Biden's huge stimulus package, while Brent crude broke past $70 for the first time in almost two years after an attack on energy facilities in Saudi Arabia.

China's export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounceback from the coronavirus outbreak that had brought activity to a near halt.

To feed her family, Lebanese mother Sandra al-Tawil sold her fridge and washing machine. Now she fears the cash-strapped state will scrap food subsidies, plunging them deeper into poverty.