Lebanon is in “the final hours before” formally announcing it cannot pay its debts, senior MP Alain Aoun said on Saturday, as the president, prime minister and parliament speaker met ahead of an official declaration later in the day. Sources told Reuters on Friday Lebanon was set to...

Lebanon looks set to announce Saturday it cannot make upcoming dollar bond payments and wants to restructure $31 billion of foreign currency debt, sources said, unless a last-minute deal with creditors is found to avoid a disorderly default. Debt default would mark a new phase in a...

Representatives of Iraq's top Shiite cleric did not deliver his weekly sermon in Karbala on Friday, a first since the fall of Saddam Hussein, due to fears of spreading the novel coronavirus. Religious authorities had already closed the shrine of Imam Hussein, grandson of the Prophet...

Iran’s death toll from coronavirus infections jumped on Friday to 124, as 17 died over the past 24 hours and more than 1,000 were additionally diagnosed with the disease, a health ministry spokesman said in Tehran. The number of infections rose to 4,747, he said. Iran had reported...