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The International Monetary Fund believes that this year the global economy is experiencing its worst recession since the Great Depression, with emerging markets and low-income countries in Africa, Latin America and Asia exposed to high risk. According to Bloomberg, the fund’s director-general, Kristalina Georgieva, said in a speech on Thursday …

FIFA, on Tuesday, made a series of amendments to players ’contracts and summer Mercato dates due to a global outbreak of the Corona pandemic. FIFA confirmed in an official statement on its website: “He made the decisions in consultation with various stakeholders, after the unprecedented turmoil caused by the Coruna …

OPEC + sources revealed some details of the production cuts that the coalition intends to implement to support energy markets in light of the decline in oil demand due to the spread of Corona. A source said, according to “Reuters” agency, that the “OPEC +” coalition will cut 10 million …

Iraq’s Popular Mobilization Forces (PMF) and army troops have started a joint, full-scale anti-terrorist military operation in the country’s western province of Anbar. According to a statement by the media bureau of the PMF, better known by the name Hashd al-Sha’abi, the operation, codenamed “Heroes of the Second Victory,” commenced …

The Saudi-led coalition, which had declared what it called a “ceasefire” in its devastating war against Yemen a few hours ago, targeted several Yemeni positions shortly after the announcement. On Wednesday night, the coalition claimed it was halting military operations in Yemen in support of UN efforts to end its …

Iranian authorities have called on the International Monetary Fund (IMF) to accelerate processing Tehran’s request for an emergency loan which requires fighting a pandemic. The governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said on Thursday that the IMF is expected to consider Iran’s request for a $5 …

US-led NATO forces in Afghanistan say five rockets have hit a major American airbase in the country and that the attack, claimed by the Daesh terrorist group, left no casualties. “Five rockets were fired at Bagram airfield early this morning,” the NATO-led mission, Resolute Support, said in a post on …

The number of Americans seeking unemployment benefits has hit a staggering 15 million as the coronavirus pandemic has brought the United States to a halt. The country recorded 5.250 million claims for state unemployment benefits for the week ended April 4, according to a Reuters survey of economists. The data …

Iraq’s Prime Minister-designate Adnan al-Zurfi has withdrawn his candidacy for the post as major political factions endorse intelligence chief Mustafa Al Kadhimi to form a government. Zurfi, who had been nominated by President Barham Salih, announced his withdrawal from the prime minister post in an official statement on Thursday, in …

Leading US Democratic presidential candidate Bernie Sanders has ended his presidential campaign, paving the way for his rival, former Vice President Joe Biden, to win the Democratic presidential race. This is Sanders’ second failed attempt to grab the Democratic party’s nomination after he fell short of defeating former Secretary of …

Spanish ministers warned today, Wednesday, that the future of the European Union is in danger if it is unable to reach a joint financial response to combat the emerging Corona virus, after the union failed to agree to issue a joint debt to fight the crisis. According to Reuters news …

The World Health Organization on Wednesday criticized US President Donald Trump’s plan to suspend the contributions of the United States government to its budget in light of the crisis of the outbreak of the Corona virus “emerging Covid-19”. Senior officials at the World Health Organization have pushed back at calls …

Egypt will extend a nationwide night-time curfew by 15 days until April 23 to counter the spread of the coronavirus, Prime Minister Mostafa Madbouly said on Wednesday. Airports will also stay closed until the end of the month, he said in a televised news conference, adding that the curfew would …

The largest, brightest supermoon of 2020 rose in the night sky on Tuesday over hushed cities, stilled factories and countries in lockdown due to the novel coronavirus that has killed tens of thousands worldwide. If the moon is within 10% of its closest distance to the earth at the moment …

Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have collapsed due to the coronavirus pandemic. Thursday’s videoconference meeting between the Organization of the Petroleum Exporting Countries (OPEC) …

Maddalena Ferrari lets herself cry when she takes off the surgical mask she wears even at home to protect her elderly parents from the coronavirus that surrounds her at work in one of Italy’s hardest-hit intensive care units. In the privacy of her own bedroom, where no one can see, …

Iran has urged the International Monetary Fund (IMF) to approve a $5bn (£4bn) emergency loan to help fight the coronavirus, as its death toll passed 4,000. President Hassan Rouhani warned that “there should be no discrimination” in approving requests. The US reportedly opposes the loan, with officials saying Iran has …

China has ended its lockdown of Wuhan, the original epicenter of the coronavirus crisis, as the city, reemerges from a deadly outbreak that is now raging across the globe. But even as Wuhan reopens its borders after 76 days, some restrictions within the city will remain in place, and officials …

A majority of Americans — 55% — now say the federal government has done a poor job preventing the spread of coronavirus in the United States, up to eight points in about a week, according to a new CNN poll conducted by SSRS as the nationwide death toll from the …

Boris Johnson has spent a second night in intensive care as he continues to receive treatment for coronavirus. Mr. Johnson is being kept in St Thomas’ Hospital in London “for close monitoring”, Downing Street said. The PM is “comfortable, he’s stable, he’s in good spirits”, said health minister Edward Argar …