Lebanon's Prime Minister Hassan Diab pledged Thursday to stem devaluation and introduce subsidies on food imports, as his cabinet marked 100 days since it was formed to salvage a free-falling economy.
The eurozone's economic slump has "likely bottomed out" after the bloc suffered a disastrous collapse under lockdowns to contain coronavirus, a closely watched survey by IHS Markit said Thursday.
Unemployment payments jumped to at least $16.2 billion in April, up more than five-fold from February, as layoffs attributed to the coronavirus pandemic swept through the economy.
Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in Ma
Three women were trampled to death during a stampede for an $8 cash handout in Colombo Thursday, amid growing desperation among Sri Lankans struggling to make ends meet during a coronavirus lockdown that has smashed the economy.
The Philippines has become the world's largest known source of online child sexual exploitation, with endemic poverty helping drive a surge in abuse, a report said Thursday.
Doctors in Japan have successfully transplanted liver cells derived from embryonic stem cells into a newborn baby, in a world first that could provide new treatment options for infants.
The Palestinian security services will stop sharing information with the US Central Intelligence Agency (CIA), in protest at Israeli plans to annex parts of the occupied West Bank, a senior official said Thursday.
The United States approved the sale of 18 heavyweight torpedoes to Taiwan for $180 million, the State Department said Wednesday, in a move that could further strain Washington's already tense relationship with Beijing.
China's annual high-level political meetings opened Thursday with a minute's silence for the victims of the coronavirus pandemic and a threat to hit back at the US in an escalating blame game over the disease.
The United States announced its intention on Thursday to withdraw from the 35-nation Open Skies treaty allowing unarmed surveillance flights over member countries, the Trump administration's latest move to pull the country out of a major global treaty.
India and Bangladesh began a massive clean-up Thursday after the fiercest cyclone since 1999 killed at least 88 people, leaving a trail of destruction in its wake.