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Egypt says suspended U.S. military exercises to resume

 Egypt’s armed forces said on Tuesday that joint U.S.-Egyptian military exercises will resume this month for the first time since 2009, after U.S. officials canceled them in 2013 following an Egyptian army crackdown on protests. The joint training is usually held every two years...

Saudi says Iranian talk of rapprochement is laughable

Saudi Arabia said on Tuesday that Iran’s talk of a possible rapprochement with the kingdom was laughable. Saudi Foreign Minister Adel al-Jubeir told reporters in London that Iran would have to change its policies for any rapprochement. Iran’s foreign minister, Mohammad Javad...

U.S. won't regain Aaa-rating after any default: Moody's

Moody’s Investors Service said on Tuesday it would strip the United States of its top-notch rating if a default such as a missed debt payment were to happen and it would not regain the Aaa-status even if the default were resolved. “An upgrade back to Aaa would be unlikely while the...