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Lebanon impasse deepens as financial strains grow

Lebanon’s political impasse has deepened after a tentative deal on a new prime minister unraveled, leaving the country rudderless as it grapples with the worst economic crisis since the 1975-90 civil war. Six weeks since Saad al-Hariri resigned as prime minister, prompted by protests...

Uncertainty shrouds Syria constitutional talks

Jennifer Fenton, the spokeswoman for UN Special Representative for Syria Gerd Pedersen, said the Syrian Constitutional Committee's third round of meetings will need the Bashar al-Assad regime and its opponents to agree on the agenda. "For the Committee to carry out its work under the Rules...

Saudi projects higher 2020 budget deficit, cuts spending

Saudi Arabia on Monday said its budget deficit for next year would widen as the world's top oil exporter faces tumbling oil prices and production cuts. The kingdom projected a budget deficit of $50 billion for 2020, for the seventh year in a row, up $15 billion on this year, according to an...