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Iraq crisis deepens after PM-designate steps down

Protest-torn Iraq on Monday faced more political gridlock after prime minister-designate Mohammed Allawi withdrew overnight, accusing lawmakers of obstructing his attempt to form a government. Oil-rich but poverty-stricken Iraq has for five months been rocked by the biggest wave of...

'Lasting cease-fire in Idlib, Syria is Turkey's goal'

Turkey is hoping and working for a cease-fire in the embattled Syrian province of Idlib, said Turkey's president on Monday. "My only wish is to end this struggle with victory and prevent further bloodshed, with a permanent cease-fire. For this, we are using all our diplomatic channels,...

Gulf shares make a comeback after massive losses

Stock markets in the energy-rich Gulf states rebounded Monday, after huge losses in the previous session driven by fears over the impact of the coronavirus which has sent oil prices below $50 a barrel. Kuwait Boursa, which suspended trading Sunday after shedding over 10 percent, led the...