IMF: Nearly All Mideast Economies Hit By Pandemic Recession

Credit: WorldNews- Published on October 20, 2020
DUBAI, United Arab Emirates: The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an economic recession this year, yet some rebound is expected as all but two Lebanon and Oman are expected to see some level of economic growth next year, according to a report published Monday by the International...

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Middle East

region that encompasses Western Asia and Egypt
Hollywood has churned out plenty of war movies about conflict in the Middle East in the past two decades _ but none quite like "Mosul." (Dec. 1)
Credit: - Published 5 hours ago

President-elect Joe Biden received his first presidential intelligence briefing on Monday. This comes as turmoil brews between Iran and Israel, after Iran's top..
Credit: CBS News - Published 17 hours ago

Jared Kushner's visit focusing on Saudi Arabia and Qatar comes days after the targeted killing ofΒ Mohsen Fakhrizadeh, an Iranian nuclear scientist.
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President-elect Joe Biden will take over in January as a shrinking U.S. military footprint and the policies of his predecessor erode trust in the Middle East,..
Credit: CBS News - Published 2 days ago

The new president will take over with a shrinking U.S. military footprint eroding trust, and Tehran vowing to take revenge for a brazen assassination it blames..
Credit: CBS News - Published 2 days ago

United Arab Emirates

Country in Middle East
Saudi Arabia has officially agreed to let Israeli airliners cross its airspace en route to the United Arab Emirates (UAE), following a flurry of a talks between..
22 hours ago • WorldNews
The 21 travellers were bound for the UAE - which has already stopped issuing visas to Kenyans.
Credit: BBC News - Published 5 days ago

External affairs minister S Jaishankar arrived in Seychelles after his two-day visit to UAE on November 25-26. It was the second leg of his six-day three-nation..
Credit: IndiaTimes - Published 5 days ago

International Monetary Fund

International financial institution
The COVID-19 pandemic dominated the discussions by world leaders at the G20 summit this weekend. Gita Gopinath, chief economist at the International Monetary..
Credit: CBS News - Published 1 week ago

Great Depression

worldwide economic depression starting in the United States, lasting from 1929 to the end of the 1930s
The Depression over southwest Bay of Bengal is very likely to intensify further into a Deep Depression during the next six hours.
Credit: DNA - Published 1 day ago

For the first time since the Great Depression, a majority of young adults are now living with their parents. Nearly 3 million U.S. adults moved back in with..
Credit: CBS News - Published 6 days ago

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