Lebanon calls for global help
Lebanon, one of the most indebted nations in the world, defaulted for the first time in March on its sovereign debt. Anti-government protests that...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
IMF approves $5.2 bn, 1-year loan program for Egypt
Washington (AFP) - The IMF board on Friday approved a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic...
Algerians are watching the collapse of oil prices with alarm
The economic impact of the Coronavirus pandemic, which has sent global demand for crude into tailspin, threatens to fling Algeria into a new crisis...
Lebanon rescue plan amid soaring Inflation, unemployment and poverty
Lebanon is seeking IMF help and wants to restructure around $90 billion in debt to tackle a fiscal crisis that has prompted a sovereign...
Amid Coronavirus, Pakistan seeks $1.4 billion IMF loan
Government finance adviser Abdul Hafeez Shaikh said on Wednesday that Pakistan is seeking another $1.4 billion loan from the International Monetary Fund (IMF) to...
France warns Lebanon risks collapse after explosion, crisis
BEIRUT (AP) — Lebanon is in such a deep political and economic crisis the country risks collapsing altogether, France’s foreign minister said Thursday, ahead...
Saudi offers of extra oil in Asia fail to lure interest in cutthroat market
Saudi Arabia failed to attract offers for additional oil cargoes for loading in October, industry sources said, in a sign that the market remains...
European shares end higher led by auto, oil stocks
European shares closed higher on Tuesday, led by auto and oil sector stocks and helped by expectations central banks in Europe and the United...
Dutch Supreme Court seeks European clarification on Pirate Bay
The Dutch Supreme Court referred a landmark case against the file-sharing website Pirate Bay to the European Court of Justice on Friday, a move...
