Seven Middle Eastern countries have suspended commercial flights due to the fast-spreading virus. The aviation industry's largest trade association announced Thursday that airlines in the region have already lost more than $7 billion in revenue. The International Air Transport Association,...

World finance leaders tried to lift confidence with emergency measures to pour cash into panic-stricken markets on Thursday, as investors everywhere dumped assets, switching to dollars amid the escalating coronavirus pandemic. Policymakers in the United States, Europe and Asia have slashed...

Between plummeting oil prices, political deadlock and reduced global appetite for a bail-out, Iraq is on the cusp of financial calamity that could force austerity measures and renew anti-government protests. But officials appear remarkably optimistic, a view experts described as being "in...

Germany is facing its biggest challenge "since the Second World War" in the fight against the coronavirus pandemic, Chancellor Angela Merkel said in a television address urging citizens to heed sweeping confinement measures. In a dramatic appeal, Merkel urged everyone to play a part in...