Germany Records Highest Corporate Insolvencies in Two Decades

Islam Times – Germany recorded its highest number of corporate bankruptcies in more than two decades during the second quarter of 2026, with nearly 5,000 companies filing for insolvency as economic pressures continued to mount across multiple sectors. According to the Halle Institute for Economic Research (IWH), 4,996 companies filed for insolvency between April and…

UNESCO warns of shrinking education aid, rising debt burden

The United Nations Educational, Scientific and Cultural Organisation (UNESCO) warned on Friday that international aid to education is declining sharply while rising debt service payments are increasingly squeezing education budgets in many developing countries. New research released by UNESCO at the Transforming Education Summit +4 (TES+4) showed that education is receiving a shrinking share of…