Dozens of emerging market funds have closed this year as turmoil unleashed by the coronavirus has damaged investor sentiment towards the asset class, where returns lag those of developed economies. A weaker U.S. dollar, which would typically have boosted emerging markets, has failed to lift...

Turkey slammed a statement by European Union Mediterranean states on Friday, saying the comments were biased and “detached from reality”, but added Ankara was still open to unconditional talks with Greece. NATO members Turkey and Greece have overlapping claims to continental shelves and...

A first official visit to Israel by a United Arab Emirates delegation, provisionally planned for Sept 22, may be postponed or conducted under restrictions given a looming coronavirus lockdown, an Israeli cabinet minister said Friday. The delegates are expected to come in reciprocation of...

The United Nations independent expert on poverty is warning that the worst impacts from the coronavirus pandemic on poverty are yet to come, and that measures taken by governments to protect people so far have been insufficient. "The social safety nets put into place are full of holes,"...