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Posted on June 2, 2020

India’s Credit Rating Cut Puts It One Step Away From Junk

India’s credit rating moved one step closer to junk after Moody’s Investors Service downgraded the nation to the lowest investment grade level and surprised economists by keeping it on a negative ... ( read original story ...)

Posted on June 2, 2020

U.K. Test Data Criticized; Hong Kong Extends Curbs: Virus Update

French Finance Minister Bruno Le Maire vowed not to raise taxes, even as the pandemic dealt a bigger blow to the economy than expected. Hong Kong extended virus-prevention measures after a new cluster ... ( read original story ...)

Posted on June 2, 2020

Hurting Hong Kong’s financial hub status will harm foreign businesses too, city’s commerce secretary says

As "one of three major financial centers" in the world, any damage to Hong Kong's status as a key hub will have have an impact on foreign firms as well, warned Hong Kong's secretary for commerce and ... ( read original story ...)

Posted on June 2, 2020

Qatar highest ranking GCC country in 2020 FM Global Resilience Index

Qatar is the highest ranking country in the Gulf Cooperation Council region in the 2020 FM Global Resilience Index, which is the definitive ranking of nearly 130 countries by the resilience of their ... ( read original story ...)

Posted on June 2, 2020

Kuwait’s Jazeera Airways to offer 50,000 free round-trip tickets to frontline workers

Tickets valued at $16.2 million can be used to fly to any destination in the airline's network and are valid until the end of 2021 Jazeera Airways is offering 50,000 free round-trip tickets valued at ... ( read original story ...)

Posted on June 2, 2020

Oman’s reversal on power supplier payments causes concerns among investors

The state-owned Oman Power & Water Procurement Co. said on May 17 it was partially suspending payments because of the Covid-19 pandemic ... ( read original story ...)

Posted on June 2, 2020

Israel Believes Assad’s Syria Is Restarting Its Chemical Weapons Programs

A terrifying pandemic may have the world in its grip, but it’s business as usual in the war-torn Middle East as Tehran and Damascus continue transferring weapons to proxies and Israel continues ... ( read original story ...)

Posted on June 2, 2020

Rami Makhlouf: Tycoon warns of ‘earthquake’ if he is driven from Syrian business scene

An extraordinarily public feud within the Alawite ruling elite of Syria escalates as the saga enters its second month ... ( read original story ...)

Posted on June 2, 2020

The Latest: Paris protesters defy ban, oppose arrest deaths

The Latest on the coronavirus pandemic. COVID-19 causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause ... ( read original story ...)

Posted on June 2, 2020

The Latest: Iraq sees record daily cases as testing widens

The Latest on the coronavirus pandemic. COVID-19 causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more ... ( read original story ...)

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