With its financial outlook darkening by the day, Iraq is considering slashing its massive public payroll -- an unpopular move likely to renew protests as a new government takes the helm. The new premier Mustafa Kadhemi, Iraq's 53-year-old former spy chief, took office early Thursday in...

Turkey's lira hit a record low against the US dollar Thursday as traders worried over the impact of the coronavirus crisis on the Turkish economy and Ankara's policies. The lira was trading at 7.23 to the dollar, down 0.6 percent just before 1000 GMT, after reaching a record low of 7.24...

 Israel's Supreme Court approved Wednesday a coalition deal between Prime Minister Benjamin Netanyahu and his rival-turned-ally Benny Gantz, paving the way for a unity government to be sworn in next week. The alliance formed last month between the right-wing incumbent and his centrist...

US Secretary of State Mike Pompeo on Wednesday welcomed Iraq's formation of a government after months of instability, and extended a waiver on Iran sanctions to ease pressure on the new leader. In a phone call with Prime Minister Mustafa Kadhemi, Pompeo congratulated him on taking office...