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Syria postpones election for second time over virus

Syria postponed a parliamentary election for a second time Thursday as part of measures to protect the war-battered country from the coronavirus pandemic. The Syrian government has recorded 44 cases, including three deaths in areas under its control, while the Kurdish administration in...

Bank of England: U.K. economy to shrink by most since 1706

The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction in more than three centuries as a result of the coronavirus pandemic, before bouncing back next year. In what it describes as a "plausible" scenario, the bank said the British economy...

Turkey lira hits record low against dollar

Turkey's lira hit a record low against the US dollar Thursday as traders worried over the impact of the coronavirus crisis on the Turkish economy and Ankara's policies. The lira was trading at 7.23 to the dollar, down 0.6 percent just before 1000 GMT, after reaching a record low of 7.24...