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Global Youth Unemployment Rate Falls to Lowest Level in 15 Years

The International Labor Organization said in a report published Monday, that the global youth unemployment rate fell to its lowest level in 15 years last year and is likely to continue falling until 2025.

The organization stated that the youth unempl…

Financial Times: Ukraine Facing $43 Billion Budget Deficit

Ukrainian Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.

The slow supply of weapons, especially from …

S. Korea, Turkiye Extend Currency Swap Deal

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said Monday that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows for the exchange of lo…