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Spotify joins layoff trend in tech

Swedish audio streaming company Spotify has announced plans for a round of layoffs that is expected to impact around 6% of its global workforce of some 10,000 employees. The company has thus become the latest in a slew of tech firms announcing job cuts aimed at cutting costs.

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UN warns about Turkish inflation

The country’s program to slash interest rates sent prices to a 24-year high last year The UN expects inflation in Türkiye to fall to an average of 42.4% by the end of the year, much higher than the country’s own official projections, The World Economic Situation and Prospects report, published on Wednesday, says.

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Belgium won’t back EU ban on Russian diamonds – official

Belgium will never support a ban on Russian diamond imports to the European Union, Prime Minister Alexander De Croo said on Friday, adding that measures of this kind would only be effective if they were introduced globally.

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