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Türkiye recorded a $5.45 billion current account surplus in August, marking a second consecutive month of positive performance. The strong result was driven by a robust services sector surplus, which significantly offset the goods deficit, underscoring a strengthening external balance.A new World Health Organization report reveals one in six common bacterial infections now resists antibiotic treatment, with resistance rates increasing 5-15% annually. The findings highlight a critical threat to modern medicine, particularly in Southeast Asia and the Eastern Mediterranean regions.Paraguay is leveraging its abundant hydroelectric power and young population to transform into a major technology center, attracting global investors and tech giants. The country's ambitious plan includes developing digital infrastructure and positioning itself as an ideal location for energy-intensive data centers and AI operations.Israeli forces shot and killed a Palestinian man in Khan Younis, Gaza, on Sunday, according to local reports. The fatal incident occurs just hours before a major international peace summit convenes in Egypt, aimed at brokering a ceasefire and ending the ongoing conflict. The summit will see participation from numerous world leaders, including Türkiye's President Erdogan.A second group of 13 Israeli hostages has been transferred to the Red Cross in Gaza, completing the first phase of prisoner releases under the current ceasefire. In exchange, Israel is set to release hundreds of Palestinian prisoners, marking a significant step in the fragile truce agreement.
Türkiye recorded a $5.45 billion current account surplus in August, marking a second consecutive month of positive performance. The strong result was driven by a robust services sector surplus, which significantly offset the goods deficit, underscoring a strengthening external balance.A new World Health Organization report reveals one in six common bacterial infections now resists antibiotic treatment, with resistance rates increasing 5-15% annually. The findings highlight a critical threat to modern medicine, particularly in Southeast Asia and the Eastern Mediterranean regions.Paraguay is leveraging its abundant hydroelectric power and young population to transform into a major technology center, attracting global investors and tech giants. The country's ambitious plan includes developing digital infrastructure and positioning itself as an ideal location for energy-intensive data centers and AI operations.Israeli forces shot and killed a Palestinian man in Khan Younis, Gaza, on Sunday, according to local reports. The fatal incident occurs just hours before a major international peace summit convenes in Egypt, aimed at brokering a ceasefire and ending the ongoing conflict. The summit will see participation from numerous world leaders, including Türkiye's President Erdogan.A second group of 13 Israeli hostages has been transferred to the Red Cross in Gaza, completing the first phase of prisoner releases under the current ceasefire. In exchange, Israel is set to release hundreds of Palestinian prisoners, marking a significant step in the fragile truce agreement.

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Ukraine conference in Berlin begins with focus on recovery, reconstruction

10:46, 25/10/2022, Tuesday
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Ukraine conference in Berlin begins with focus on recovery, reconstruction
German Chancellor Olaf Scholz speaks during the International Expert Conference on Reconstruction of Ukraine's in Berlin, Germany on October 25, 2022.

Ukraine needs ‘Marshall Plan’ to rebuild war-torn country, German chancellor says

Ukraine needs a “Marshall Plan” to rebuild the war-torn country, and Kyiv can rely on the continued support of its international partners, German Chancellor Olaf Scholz said on Tuesday.

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“Together with all our friends and partners, we will resolutely continue to support Ukraine: politically financially, in terms of humanitarian assistance, and also with arms,” Scholz said at the opening of an international conference on Ukraine, co-hosted by Germany and the European Union.

Scholz condemned Russia’s recent military strikes, accused Kremlin of launching “indiscriminate attacks” against civilians and civilian infrastructure in Ukraine.

“Today we do not yet know when this war will end. But it will end. And when it does, we will continue to stand by Ukraine and its struggle for security, freedom and democracy,” he stressed.

Scholz said today’s high-level experts conference will focus on developing ideas and mechanisms to ensure the reconstruction and modernization of Ukraine in the coming years and decades.

“So, what it is at stake here is nothing less than creating a new Marshall Plan for the 21st century,” he said and underlined that this will require a massive commitment.

“The recovery, reconstruction and modernization of Ukraine will indeed be a challenge for generations, one that will require the combined strength of the entire international community,” he added.

The Marshall Plan was a US-sponsored program for European recovery after World War II, and it brought extensive investment into the region.

Tuesday’s conference in Berlin is bringing together policymakers, businesspeople, representatives of international organizations and the Ukrainian government to discuss key matters for the recovery and reconstruction of Ukraine.

Ahead of the conference, German diplomats said there will not be any political decisions at the meeting. Recommendations of the experts will be published later, to guide policymakers in future decisions on a comprehensive reconstruction and modernization plan for Ukraine.

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