BEIRUT / AMMAN (Reuters) – Last year, President Bashar al-Assad appeared to be on the brink of crowning military victories by easing his diplomatic isolation and recovering more from Syria without firing a bullet. FILE PHOTO: A woman walks past a poster representing Syria’s President Bashar al-Assad in Damascus, Syria, …
Read More »IMF Predicts Deeper Global Recession Due To Coronavirus Pandemic
WASHINGTON (Reuters) – The coronavirus pandemic has caused more extensive and profound damage to economic activity than previously thought, the International Monetary Fund said Wednesday, prompting the institution to further cut its global output forecasts by 2020. The IMF said it now expects 2020 global output to shrink by 4.9%, …
Read More »United States sanctions five Iranian ship captains for bringing oil to Venezuela: Pompeo
United States Secretary of State Mike Pompeo gives a press conference on the deals with China and Iran, and on the fight against the coronavirus disease pandemic (COVID-19), in Washington, USA. USA, June 24, 2020. Mangel Ngan / Pool via REUTERS WASHINGTON (Reuters) – The United States imposed sanctions on …
Read More »Exclusive: oil tankers with two months of Venezuelan production trapped in the sea
MEXICO CITY / SINGAPORE (Reuters) – Oil tankers transporting nearly two months of Venezuelan oil production are trapped at sea as world refineries avoid the nation’s crude to avoid falling under U.S. sanctions, according to sources at the industry, PDVSA documents and shipping data. Washington is tightening sanctions to reduce …
Read More »EU travel recommendations may prevent Americans and Russians
BRUSSELS (Reuters) – The European Union (EU) expects to reopen borders for strangers starting in July, but will review each nation’s COVID-19 situation every fortnight, according to diplomats and a document that sets criteria that could keep them away. Americans and Russians. FILE PHOTO: The Bridge of Sighs sees tourists …
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