The grand alliance that’s helped revive global oil markets is being rattled by a long-running feud over members breaking their promises.
As Turkey gets back to business, doctors warn second wave could follow
Cafes and restaurants reopened and intercity travel resumed in Turkey after new cases of the novel coronavirus have steadily declined, though health officials warn failure to follow social distancing …
Turkey plans to resume flights with 40 countries in June
Ankara has reached a preliminary agreement to resume reciprocal flights include Italy, Sudan, the UAE, Albania, Belarus, Jordan and Morocco ANKARA – Turkey plans to resume flights with around 40 …
Vietnam fails to implement plan to have 1 million businesses
Nguyen Bich Lam, director general of the General Statistics Office (GSO), said at the launch of the White Book that Vietnam would have about 900,000 businesses by the end of the year. Because of Covid …
Philippine Dissenters May Face Terrorist Designation
President Rodrigo Duterte is expected to sign legislation defining terrorism so broadly that critics of the government could easily be detained without charge.
Philippine Central Bank Reassures Investors Over Bond Buying
The Philippine central bank has reassured investors that its government bond-buying program that started in March is legal and won’t create risks to the economy, Governor Benjamin Diokno said.
Japanese Stocks Have Neven Been This Cheap Relative to S&P 500
Japanese stock valuations have trailed U.S. levels for a long time, but the recent rebound from the coronavirus selloff has driven the gap into a new territory.The Topix index’s climb into bull-market …
Japan to Allow Humanitarian Exceptions to Re-entry Ban
Japan will allow some resident foreigners to re-enter the country on humanitarian grounds after facing criticism its policies made their return uncertain and left the group in a Covid-19 travel limbo.
Kuwait wants to slash migrant population by more than half
While Kuwait has for years been slowly replacing public-sector expatriates with nationals, the coronavirus has accelerated its efforts.At the end of 2019, only 19% of the Kuwaiti workforce was in the …
Kuwait vows to slash expat population from 70 to 30 percent
Kuwait’s prime minister has said the country’s expatriate population should be more than halved to 30% of the total, as the coronavirus pandemic and a slump in oil prices send shudders through Gulf …