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OECD annual inflation stable at 1.2% in November 2020

Annual inflation in the OECD area was stable at 1.2% in November. Energy prices declined by (minus) 8.1%, a faster pace than in October...

U.K. coronavirus death toll now highest in Europe

The U.K. death toll from COVID-19 is now the highest in Europe after more than 30,000 deaths were recorded since the outbreak of the...

Treasury Department to borrow nearly $3 trillion

The U.S. Treasury Department announced on Monday that it will have to borrow nearly $3 trillion during the second quarter to cover coronavirus stimulus...

Kuwait breaks up Egyptian workers riot over repatriation

Kuwaiti security forces broke up a riot by Egyptian workers seeking repatriation who were being held in shelters dedicated for those in violation of...

Russia’s coronavirus cases surpass 145,000

Russia registered a near record in new daily coronavirus cases on Monday as total infections surpassed 145,000, cementing its position as the top reporter...

Trump predicts up to 100,000 coronavirus deaths in the US

US President Donald Trump has predicted 100,000 coronavirus-related deaths in the country and a vaccine to be ready by the end of the year,...

Colombia ousts 11 military officials in spying investigation

Colombia's defense ministry on Friday announced the ouster of 11 military officials and the resignation of a general related to an ongoing probe into...

Lebanon banks reject rescue plan as government asks IMF for help

An economic rescue plan that will form the basis of Lebanon's talks with the International Monetary Fund (IMF) was panned by banks on Friday...

Remdesivir: Ebola drug granted emergency approval to treat coronavirus in US

Authorities in the United States will allow the emergency use of Ebola drug remdesivir for treating patients with severe Covid-19. The anti-viral drug was shown...

Kim Jong Un appears in public for first time in weeks

North Korean leader  Kim Jong-un, rumored for weeks to be deathly ill or even dead, has made his first public appearance in 20 days,...

Honduran president denies drug trafficking accusations

The drug trafficking accusations against Honduran President Juan Orlando Hernandez are "100%" false, the president's office said on Thursday, after U.S. prosecutors announced drug...

Syria says Israeli helicopters strike targets in southern Syria

Israeli helicopters fired several rockets from the Israeli-occupied Golan Heights on targets inside southern Syria, Syrian state media reported on Friday, the latest in...
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