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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...

IMF approves emergency loan for Ecuador

The International Monetary Fund has approved a $643 million emergency loan for Ecuador, as the coronavirus pandemic and low oil prices hit the South American nation. The Ecuadorian Ministry of Economy and Finance said Friday the five-year loan came with "favorable conditions" at 1.05...

WHO says virus 'natural in origin'

The World Health Organization reiterated Friday that the new coronavirus was of natural origin after US President Donald Trump claimed he had seen evidence it originated in a Chinese lab. Scientists believe the killer virus jumped from animals to humans, emerging in China late last year,...

N.Korea defector claims '99%' sure Kim Jong-un's dead

A North Korean defector who lives in South Korea claimed Friday that he is "99%" sure the communist republic's leader Kim Jong-un died last weekend after surgery. "I've wondered how long he could have endured after cardiovascular surgery. I've been informed that Kim died last weekend," Ji...

Global coronavirus cases exceed 3.3M in four months

The tally of coronavirus infections globally has exceeded 3.3 million on Friday, according to US-based Johns Hopkins University. The university's data showed that the number of virus-linked deaths reached 235,290, while the number of people who recovered climbed to nearly 1.04 million....