Oil futures tumbled 31% in a matter of seconds overnight on Sunday, their sharpest decline since the Gulf War in 1991. The losses are being fueled by sinking demand due to coronavirus concerns, which has in turn sparked a series of price cuts.
The Italian government on Sunday enacted sweeping measures to curb the spread of the novel coronavirus, imposing restrictions on mobility and assembly in the Lombardy region and nearby provinces, including the cities of Milan, Venice, and Modena.
The US Army said it was curbing its plans to adopt the Iron Dome missile defense system due to concerns about its compatibility with existing US technologies, scrapping its plans to buy two more batteries and explore long-term integration of the Israel-developed system.
Prime Minister Benjamin Netanyahu said on Saturday that the coronavirus was a pandemic more severe than any disease outbreak in the past century, as a senior official said Israel was likely hours away from placing restrictions on flights arriving from some parts of the United States.
The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
Forty-five thousand more people were employed in February than in January, bringing the total number employed — 158,759,000– to the second highest level in the nation’s history.
The sentences of nine Iranian Christian converts were upheld after a judge who has become notorious for persecuting prisoners of conscience barred them from using their own lawyers.
The Saudi crown prince has arrested two former rivals in a move that many see as an attempt to position himself to seize the throne from his 84-year-old father.
The World Health Organization declined to label the coronavirus a pandemic as the number of cases reached 100,000 over the weekend and extended its reach to 90 countries.
The novel coronavirus spreading across the world is already at a ‘pandemic’ stage, a top Israeli health official said Thursday, though world health authorities have held off from declaring a global outbreak.
Abortions in England and Wales have reached record-breaking levels, new figures from the Office for National Statistics (ONS) show.
US Secretary of State Mike Pompeo on Thursday called on all nations to hold Iran accountable for its nuclear commitments and said Tehran’s failure to report nuclear material was a clear violation of safeguard agreements.
A full 68 hours after the polling stations closed and exit polls predicted a surge for Likud and its right-wing bloc, the Central Elections Committee on Thursday confirmed Prime Minister Benjamin Netanyahu’s party as the largest after Monday’s general election, with final results giving it 36 seats to rival Blue and White’s 33.
A judge sitting on the D.C. Circuit Court will retire in September, allowing President Trump the chance to install a third judge on the influential bench.
Russia and Turkey have agreed to a new ceasefire in northwestern Syria, the site in recent weeks of numerous clashes between Turkish and Russian-backed Assad regime forces.
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 149 cases of coronavirus in the country, which includes those reported by individual states that were yet to be confirmed by the agency.
Elizabeth Warren is ending her campaign to become the Democratic nominee for U.S. president, CNN is reporting.
The U.S. Senate voted near unanimously Thursday to approve $8.3 billion in new spending on the U.S. government’s efforts to contain the spread of the novel coronavirus.
Researchers in China have found that two different types of the new coronavirus could be causing infections worldwide.
Chief Justice John Roberts publicly condemned a top Democrat for threatening comments aimed at two justices as the Supreme Court considers a case on abortion.