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Saudi Arabia's Q1 budget slips into deficit at $9.1 bln

Saudi Arabia Wednesday reported a first quarter budget deficit of 34.107 billion Saudi riyals ($9.09 billion), as oil revenue was hit hard by a combination of sliding global prices, demand and a supply glut in the wake of the coronavirus crisis. That reversed a first quarter surplus of...

In letter to Trump, Erdogan urges better US understanding

Turkish President Tayyip Erdogan said in a letter to President Donald Trump he hoped the U.S. Congress would better understand the strategic importance of their relations, given solidarity and supplies shared during the coronavirus pandemic. Erdogan's letter arrived Tuesday with a delivery...

Samsung Electronics reports 3% drop in Q1 net profit

The world's biggest smartphone maker, Samsung Electronics, reported a three-percent drop in first-quarter net profits on Wednesday, as the coronavirus pandemic dampened consumer demand. Net profits in the January-to-March period were 4.88 trillion won ($4 billion), down 3.1 percent from a...

US virus cases hit a million as Germans wear masks in shops

The United States reported its millionth coronavirus case as hard-hit European countries took tentative steps towards lifting lockdowns, with masks mandatory in all German shops from Wednesday. Excitement over a move towards normality in many places was tempered by fear of new outbreaks and...

Afghan peace process risks collapse as violence flares

Two months after the US and the Taliban signed a deal Washington heralded as the way to end Afghanistan's war, violence is spiralling out of control and experts say a fragile peace process risks collapse. Dozens of Afghan security forces and Taliban fighters have been dying almost daily...

Rebels accuse regime of violating Northern Homs truce

(Zaman Al Wasl)- Rebels of northern Homs accused Syrian regime army of violating the one-week-old truce on Thursday that left one man dead. Luai al-Izzo, commander of Ahfad Omar Battalion, said regime warplanes carried out 10 raids on Hola region north of Homs, killing one person and...

French football, rugby seasons off until September: PM

Professional football, rugby and other sports in France cannot resume until the end of the summer because of coronavirus restrictions, Prime Minister Edouard Philippe said on Tuesday. The announcement was made as the government unveiled its plans to gradually end the lockdown in France from...

Fuel truck bomb kills more than 46 in Afrin: monitor

A fuel truck bomb killed more than 46 people including at least six Turkey-backed rebel fighters on Tuesday in a northern city of Afrin, a war monitor said. "At least 46 people including civilians were killed and 47 others wounded when an explosive device inside a fuel truck exploded in a...

EU sees new Brexit talks 'at an impasse': sources

Negotiations between the European Union (EU) and ex-member Britain over new trade arrangements from next year are at an impasse due to disagreements and the coronavirus crisis, according to diplomats and officials in the bloc’s hub Brussels. Halted when the epidemic started, the EU’s...

Russia sees record rise in coronavirus cases, deaths

Russia saw a record daily rise in new coronavirus cases and related deaths on Tuesday, its coronavirus crisis response centre said, with data suggesting the world’s biggest country by territory has overtaken China and Iran in confirmed infections. The number of new coronavirus cases in...