DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
Read More »WHO says COVID-19 pandemic is ‘a big wave’, not seasonal
FILE PHOTO: A logo is displayed at the headquarters of the World Health Organization (WHO) in Geneva, Switzerland, June 25, 2020. REUTERS / Denis Balibouse GENEVA (Reuters) – The World Health Organization warned on Tuesday against complacency about new coronavirus transmission in the northern hemisphere summer, saying that this virus …
Read More »Iran moves model of US carrier to the mouth of the Gulf: satellite images
DUBAI (Reuters) – Iran moved a model aircraft carrier from the US to the strategic Strait of Hormuz, satellite images show, suggesting it will use the similar ship for war games shooting practice on a navigation channel in the Gulf vital to world oil exports The restored Iranian model aircraft …
Read More »Gold peaks, more precious as the dollar loses value
SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …
Read More »Travel bans cannot be indefinite, countries must fight virus at home: WHO
GENEVA (Reuters) – Bans on international travel cannot stay in place indefinitely, and countries will have to do more to reduce the spread of the new coronavirus within their borders, the World Health Organization said Monday. A wave of infections has caused countries to re-impose some travel restrictions in recent …
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