The sharp downturn in cryptocurrency markets has left some of the largest corporate holders of digital assets facing substantial unrealized losses as bitcoin fell to $59,000, its lowest level in 19 months.

Canada’s labor market staged a massive comeback in May, adding 87,800 jobs and driving the unemployment rate down to 6.6%, according to the latest data from Statistics Canada.

The European Union could lose up to 1.3 million jobs this year as a direct result of skyrocketing energy prices triggered by the ongoing U.S.-Iran conflict, the European Commission warned on Wednesday.

The ongoing regional conflict has deepened Lebanon’s long-running economic crisis, with businesses closing, job losses rising, and prices surging across the country as the effects of war ripple through already fragile markets.

Ukraine’s General Staff reported on February 21 that Russian forces lost 1,010 personnel, one helicopter, and dozens of artillery systems over the past 24 hours.

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 .