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Middle East

World Bank: Palestinian economy could shrink by 11 percent

The Palestinian economy could shrink by as much as 11 percent in the coming year as the coronavirus pandemic inflicts yet another blow to the Palestinian Authority's already shaky finances, the World Bank said Monday. The economic deterioration comes as tensions with Israel soar ahead of...

Turkey's COVID-19 cases remain at 'anticipated level'

The number of Turkey's COVID-19 cases remains at the "anticipated level," while the number of patients who need respiratory support continues to drop, according to Turkey's top health authority on Sunday. The number of patients who recovered from the disease reached almost 128,000 as 989...

Iraq has only 190,000 tonnes of rice left for food program

Iraq has only 190,000 tons of rice available in its coffers for its food rationing program, the trade ministry said in a statement late Saturday. The country needs around 1-1.25 million tons of rice a year to support the program. In March, the trade ministry pleaded for money from the...

Iran's new parliament speaker says talks with US 'futile'

Iran's parliament speaker Mohammad-Bagher Ghalibaf said any negotiations with the United States would be "futile" as he delivered his first major speech to the conservative-dominated chamber Sunday. Ghalibaf, a former commander of the Revolutionary Guards' air force, was elected speaker...