Financial Crisis
UN rapporteur: EU recovery money should help fight poverty
A top U.N. official has urged the European Union to ensure that the huge amount of money set aside for pandemic recovery will benefit the many European citizens who have been plunged into poverty by the economic crisis triggered by COVID-19
EU urges dialogue in Venezuela to set up new elections
The European Union is calling for political talks in Venezuela to set up new elections
Biden's early approach to virus: Underpromise, overdeliver
President Joe Biden pledged in his inaugural address to level with the American people — and the message from his first three days in office has been nothing if not grim and grimmer
Top Lebanese hospitals fight exhausting battle against virus
Lebanon's hospitals are on the brink: Unable to keep up with coronavirus patients, they have run out of beds, oxygen tanks, ventilators and medical staff
European Central Bank stimulus on track as economy struggles
The European Central Bank has left its bond-purchase stimulus program unchanged as the 19-country eurozone endures a winter economic slowdown due to the pandemic
Analysis: For Biden, chance to turn crisis into opportunity
Joe Biden will be sworn in as the nation's 46th president facing a historic collision of crises: the coronavirus pandemic, economic uncertainty and deep political divisions that erupted in a violent insurrection at the U.S. Capitol
Dubai, party haven amid pandemic, faces its biggest surge
Coronavirus infections are surging to unprecedented heights in the United Arab Emirates
World shares retreat despite strong growth data from China
World markets have gotten off to a slow start for the week following a retreat last week on Wall Street, despite news that the Chinese economy grew 2.3% in 2020
Asian shares mostly lower, China gains on GDP rebound
Shares have fallen across most of Asia following a retreat on Wall Street, but benchmarks in Hong Kong and Shanghai rose after data showed the Chinese economy grew a solid 2.3% in 2020
Syria temporarily cuts supplies of fuel to meet shortages
Syria’s petroleum ministry is blaming U.S. sanctions for forcing it to reduce by up to 24% its distribution of fuel and diesel