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Asian markets hit by volatility as economy fears pervade

Asian markets were gripped by volatility Thursday as investors grow increasingly worried about the state of the global economy, sending them rushing to safe-haven assets and fuelling talk of possible recession. The pound was managing to hold its own despite another night of drama in...

President Rouhani inspects flood damage in northern Iran

 President Hassan Rouhani on Wednesday inspected damage caused by flash floods in northern Iran and promised compensation to all those affected as the nationwide death toll reached 30. Rouhani, accused by critics of mishandling the crisis, took several ministers with him to Golestan...

UK's May offers to quit once her Brexit deal is delivered

British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch bid to persuade rebels in her Conservative party to back her. May told a meeting of Conservative lawmakers she would stand down if her...

UK lawmakers prepare to vote on alternatives to Brexit deal

British lawmakers were preparing to vote Wednesday on multiple options for leaving the European Union as they sought to bring some clarity to the country's tortured Brexit process. In the wake of two overwhelming defeats for Prime Minister Theresa May's withdrawal agreement with the EU, the...