Economy
-
UNCTAD: Gaza Unemployment Rate Reaches Nearly 90%
DID Press: UN Conference on Trade and Development (UNCTAD) says the Gaza Strip is facing an unprecedented economic crisis, with unemployment reaching nearly 90% of the labor force. According to UNCTAD’s latest report, around 90% of Gaza’s workforce is currently…
Read More » -
KP Chief Minister Calls for Border Reopening and Renewed Engagement with Kabul
DID Press: Khyber Pakhtunkhwa Chief Minister Sohail Afridi has criticized Pakistan’s policy toward Afghanistan, calling for renewed engagement with Kabul, the reopening of border crossings and a change in previous policies to promote peace and reduce insecurity. Afridi criticized Islamabad’s…
Read More » -
UN Agencies Allocate $1.7 Million to Support Afghan Women Entrepreneurs
DID Press: UN Development Programme (UNDP) and UN Women have announced a $1.7 million financial package to support around 1,500 women entrepreneurs in Afghanistan over the next year. Under the initiative, approximately 1,500 women entrepreneurs are expected to benefit from…
Read More » -
ADB to Expand Support for Afghan People
DID Press: Masatsugu Kanda, president of the Asian Development Bank (ADB), says the bank will expand its support for the people of Afghanistan, with a new approach focused on maintaining essential services, strengthening community resilience and creating more livelihood opportunities.…
Read More » -
UN: Food Inflation in Afghanistan Reaches 8.2%
DID Press: Inflationary pressures in Afghanistan have intensified, with overall inflation reaching 7.8% in May and food inflation rising to 8.2%, according to a new United Nations report. The report points to growing economic and livelihood pressures on Afghan households.…
Read More » -
Germany to Cut Petrol, Diesel Taxes to Curb Soaring Fuel Prices
DID Press: Germany will temporarily cut taxes on petrol and diesel from October 1, 2026, as the government seeks to ease the impact of sharply higher fuel prices on households and businesses. The federal government and Germany’s states agreed to…
Read More » -
Houthi Control of Bab al-Mandab Raises Economic Questions for Yemen
DID Press: The expansion of Ansar Allah (the Houthis) along Yemen’s western coast and its reported capture of strategic areas around the Bab al-Mandab Strait, including the port city of Mokha, have raised new questions about the economic and geopolitical…
Read More » -
Physical Oil Prices Surpass $130 as Hormuz Flows Plunge
DID Press: Physical crude oil prices have risen above $130 per barrel as disruptions to tanker traffic and sharply reduced oil flows through the Strait of Hormuz continue to put pressure on global energy markets. Recent market reports indicate that…
Read More » -
Macron: Strait of Hormuz Remains ‘Almost Blocked’ Despite US Claims
DID Press: French President Emmanuel Macron has said the Strait of Hormuz remains “almost blocked” and that no agreement has been reached to fully reopen the strategic waterway, challenging the U.S. administration’s account of shipping conditions in the strait. Recent…
Read More »
