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Israel to swear in govt after 500-day political crisis

After more than 500 days of political deadlock, three inconclusive elections in a year and finally an unprecedented power-sharing deal between rivals, Israel was poised to swear in a new government on Thursday. Prime Minister Benjamin Netanyahu and former military chief Benny Gantz agreed...

For Europe's strongmen, pandemic is opportunity and risk

Europe's strongmen leaders want to use the coronavirus pandemic to tighten their grip while touting their prowess in overcoming crises, but their authority risks being badly undermined if the outbreak is mishandled. From Turkey to Russia and other ex-Soviet states such as Belarus, the...

Oil prices up with surprise decline in US crude stocks

Oil prices were up on Thursday with a surprise decline in US crude oil inventories and a fall in gasoline stocks that exceeded market expectations. International benchmark Brent crude was trading at $29.52 per barrel at 0640 GMT for a 1.13% increase after closing on Wednesday at $29.19 a...

WHO warns virus may be here to stay as toll nears 300,000

The coronavirus may never go away and populations will have to learn to live with it just as they have HIV, the World Health Organization has warned, as the global death toll from the disease nears 300,000. There were also gloomy forecasts from the US Federal Reserve, which said prolonged...