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Tag Archives: unemployment

Protests erupt, subsist in Lebanon over currency, economy

Calm prevailed in Lebanon after a night of violence that left scores injured as hundreds of protestors took to the streets across the small Mediterranean country to decry deteriorating living conditions.  Over the weekend, Lebanon’s currency hit record lows, with market dealers saying that the pound was trading at just …

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Andijan organizes grand “Youth Forum” festival

By Sher KarimovThe Youth Forum Andijan 2021 festival was held in Andijan on May 20-22. The purpose of the forum, organized by the regional administration, the regional department of the Agency for Youth Affairs and the regional council of the Youth Union of Uzbekistan, is to share Andijan experience in …

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Israelis take to the streets over Netanyahu’s corona policy

Thousands of Israelis demonstrated on Saturday in Tel Aviv, angered by what they say has been an inept government response to the economic hits they have taken during the coronavirus crisis. In keeping with restrictions on public gatherings, police limited the number of people allowed into Tel Aviv’s Rabin square …

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US oil sector preparing for battle

The world is about to run out of oil storage and U.S. shale producers are selling crude for almost nothing but they are still refusing to shut production, hoping to survive the storm, one of the world’s biggest oil traders said. The continuing production shows the challenges that Russia and …

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Syrian economy suffers from sanctions and unemployment

By Areej Zaher -In a country which adopted socialism as a way of life, economic difficulties will be its penalty. The Syrian war brought not only blood and terror but also EU sanctions to Syrian stock holdings and ventures, and the Syrian people were most affected. Government expenditure especially defense …

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UAE PMI data shows employment declined in August

The Emirates NBD UAE Purchasing Managers’ Index, a composite indicator of operating conditions in the non-oil private sector of economy, fell to 55 in August, down from 55.8 in July. The employment index of the PMI survey fell to 49 in August signalling a modest average decline in jobs last …

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Human development boost: KSA ranked 34th

THE LEVANT – Saudi Arabia ranked 34th in the Human Development Index (HDI) of 2014 out of a total of 187 countries and territories.Saudi Arabia’s HDI value increased from 0.583 to 0.836, an increase of 43.3 percent, or an average annual increase of about 1.10 percent, between 1980 and 2013.The current …

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