The World Bank (WB) has warned that climate change could erode up to 12 percent of Zimbabwe's gross domestic product (GDP) annually if the country does not implement robust measures to tackle the phenomenon, News.az reports citing Xinhua.

Since the beginning of the armed conflict, Ukraine's economy has suffered unprecedented losses, reaching $1.164 trillion, according to a study by the Kyiv School of Economics (KSE), News.Az reports citing Gazeta.Ru .