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Syrian expatriates worry of Gulf economic crisis

(EQTSAD)- The economic crises in the Gulf countries, as a result of oil prices fall due to the Coronavirus pandemic, looming that a large part of the Syrian workers will lose their jobs, which will definitely affect a wide segment of the interior Syrians, particularly families that depend on...

Iraq: Oil revenue falls over 50% in April

Iraq's revenues from oil exports fell by over 50% in April due to the drastic drop in global oil prices, authorities said on Saturday. Baghdad exported over 103 million barrels of crude oil in April, generating approximately $1.42 billion at an average of $14 per barrel, the Iraqi Oil...

Italy reports 474 new deaths as Phase-2 nears

Italy on Saturday reported 474 new fatalities from the novel coronavirus, bringing the total to 28,710, while active infections continued to drop. The data released by the Italian Civil Protection Department confirmed that the country overcame the peak of the emergency, as it prepares...