In the first three quarters of 2020, global debt increased by $15 trillion to reach $272 trillion as the pandemic forced businesses to shut and pushed people out of jobs. After a large surge in the global debt-to-GDP ratio (from 320% to 362% year-on-year in the first half), the increase in...

The United States on Wednesday announced a sweeping new sanctions package on Iran targeting a foundation controlled by Supreme Leader Ayatollah Ali Khamenei as Washington accused Iranian officials of human rights abuses a year after a deadly crackdown on anti-government demonstrators. The...

Turkey’s government urged “tight discipline” on Wednesday as the country prepared for new weekend curfews, online schooling and limits on restaurants and cafes that are to begin Friday evening and last through year end to contain the pandemic. President Tayyip Erdogan announced the...

Israel launched air raids against what it called a wide range of Syrian and Iranian targets in Syria on Wednesday, sending a signal that it will pursue its policy of striking across the border despite U.S. President Donald Trump’s election defeat. The Syrian Observatory for Human Rights,...