The regime in Tehran is in lots of trouble these days. As U.S. sanctions tighten, at least a quarter of Iran’s oil rigs are now out of action, ‘dealing a potentially long-term blow to its oil industry.’ The coronavirus ‘has now spread to every province in the country and people are fearful that the true scale of the outbreak is even worse than is being disclosed.’
The Trump administration will extend a 30-day ban on travel from European countries to the United Kingdom and Ireland.
The U.S. central banking system announced moves Thursday to stabilize the global financial system by putting $1.5 trillion into short-term lending markets, and the purchase of $60 billion in Treasury bonds to fuel the bond market.
Already buffeted by political gridlock and facing a shuttering of key industries over the coronavirus threat, Israelis were informed on Thursday they should brace themselves for yet another storm — a literal one this time.
Thursday’s massive sell-off has erased any remaining stock market gains made since President Trump’s 2016 election win.
Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets.
As researchers race to identify and unleash new scientific breakthroughs to combat the COVID-19 outbreak, the Energy Department’s Summit supercomputer is playing a role in the fight.
Major League Baseball is suspending spring training effective Thursday and plans to push back the start of the regular season as a result of the novel coronavirus pandemic.
The National Hockey League (NHL) announced Thursday that it’s suspending the remainder of its season because of the coronavirus pandemic.
Israeli President Reuven Rivlin will task Prime Minister Benjamin Netanyahu and Blue and White rival Benny Gantz with forming the next government Sunday, as lawmakers across the political spectrum are calling for an emergency government to deal with the novel coronavirus.
Iranian Christians are asking for prayer support as the Islamic Republic, in an effort to stop the spread of coronavirus, has begun releasing huge crowds of prisoners that include persecuted Christians.
An effective Israeli-developed vaccine for coronavirus is on track to be ready for testing within “a few weeks,” though it won’t be available for months because of the lengthy and sometimes bureaucratic testing and approval process, a member of the development team said Tuesday.
The World Health Organization declared the coronavirus a pandemic Wednesday, after weeks of resisting the label in light of a nearly worldwide spread of the virus.
The city of San Francisco and the states of Washington and Ohio will place a ban on significant gatherings of people in an effort to stem the tide of coronavirus, with the NCAA canceling fan attendance at its upcoming tournament games.
President Donald Trump said Wednesday he is suspending all travel between the U.S. and Europe for 30 days beginning Friday as he seeks to combat a viral pandemic.
Nonfarm payrolls increased by 273,000 in February, surpassing economists’ 175,000 estimate. Unemployment also slightly dropped to 3.5 percent, matching its lowest level in more than 50 years, according to the latest report by the U.S. Department of Labor.
The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday reported 696 cases of coronavirus, an increase of 224 from its previous count, and said the number of deaths had risen by six to 25.
U.S. stocks rallied at opening Tuesday, recouping some of Monday’s losses after President Trump floated a payroll tax holiday to stimulate economic growth against the coronavirus.
The one-two punch of coronavirus and an escalating oil price war that is roiling world markets is hurting one country more than any other: Iran.
Serious measures against the spread of the coronavirus are being applied in multiple states, after falling stocks Monday caused all trading on Wall Street to temporarily cease and the US confirmed 550 cases across 20 states.