The impact of the spreading coronavirus risks bringing to life the worst-case economic scenarios contained in China’s annual banking stress tests. Last year’s exercise envisaged annual economic growth slowing to as low as 4.15% — a scenario which showed that the bad loan ratio at the nation’s 30 biggest banks would rise five-fold. Analysts now say that the outbreak could send first-quarter growth to as little as 3.8%.
Iran is ready to strike the United States and Israel if they give it any reason to do so, the head of the elite Revolutionary Guards said in a live speech on state television.
US President Donald Trump has called for Russia to end its support for the Syrian regime’s ‘atrocities’ as he expressed US concern over violence in the Idlib region, the White House said Sunday.
The number of deaths from the coronavirus in China rose to more than 1,700 on Monday as international experts began a joint mission with their Chinese counterparts to tackle the epidemic.
Rockets hit a U.S.-led military coalition’s Baghdad headquarters early on Sunday but caused no casualties, a coalition spokesman said, in the latest attack to target U.S. facilities in Iraq.
Six weeks after announcing the appearance of a new, highly contagious and sometimes lethal virus, experts say China is still not sharing important data that could help contain the epidemic.
The U.S. Navy says that it seized advanced weapons and weapon components believed to be of Iranian ‘design and manufacture’ intended for Huthi rebels in Yemen.
More than 14,800 new cases of the coronavirus have been reported in China’s Hubei province – the epicenter of the outbreak.
Turkey’s president, Recep Tayyip Erdogan, is threatening to escalate fighting against Syrian government forces following Monday’s killing of Turkish soldiers. The warning comes in the face of calls for restraint from Moscow, but Erdogan is facing growing domestic pressure for an uncompromising stance.
A former leader of Iran’s Revolutionary Guard Corps says Iran has been looking for an excuse to ‘raze Tel Aviv to the ground,’ and has one now following the killing of Qassem Soleimani in January.
The World Health Organization said on Monday that a rash of coronavirus cases spotted outside China could be ‘the spark that becomes a bigger fire,’ as the death toll reached 908 and surpassed the SARS outbreak of 2002 and 2003.
A senior NATO official expressed concern about the rise of China as a global power in a speech recently, calling on the communist regime to join existing missile agreements with the US and Russia.
The Trump administration is reportedly considering a novel source of leverage against the European Union in seeking a trade deal: ‘carousel’ retaliation, meaning tariffs applied to a shifting set of products.
Iran has failed another attempt at launching a satellite into space.
The White House on Thursday confirmed the death of the leader of an Al Qaeda-linked group during an airstrike in Yemen last month.
Zhan Qingyuan, director of pneumonia prevention and treatment at the China-Japan Friendship Hospital, said even people who have recovered may not be immune to the virus.
A locust swarm of biblical proportions has swept into Kenya and other parts of Africa, as the UN says that $76 million will be needed to combat the plague, which experts say could grow by five hundred times by June if not contained.
About 20,000 U.S. troops will soon begin flooding into Europe as part of a massive, months-long military exercise that has been compared to the massive drills of the Cold War era, drills that were meant to help NATO forces beat back a hypothetical invasion from the Soviet Union.
The new leader of the Iranian Quds Force who is stepping into the shoes of slain terrorist mastermind Qassem Soleimani has met with Palestinian leaders to assure them that Iran will do everything in its power to oppose the recently released ‘Deal of the Century’ peace plan.
The fact that the European Union will insist on a level playing field in its future relations with the United Kingdom should come as ‘no surprise’ to the UK, said the EU’s chief negotiator, Michel Barnier, in Brussels.