Dubai: The US ambassador to Iran mistakenly told the shah in 1953 that Britain’s newly enthroned Queen Elizabeth II backed a plan to overthrow the country’s elected prime minister and America maintained the fiction even after realizing the error, historians now say. The revelation, based on US diplomatic cables cited by the historians, shows how […]
Read MoreNew York: tocks rose sharply in early trading on Wall Street Friday, as the market recouped some of its losses a day after its biggest rout since mid-March. The S&P 500 was up 2.2 percent a day after dropping 5.9 percent. The benchmark index is still headed for a weekly loss following three weeks of […]
Read MoreBerlin: Germany plans to extend a travel ban for non-European countries until Aug. 31, government sources told Reuters on Tuesday, adding Berlin was also strongly advising against any cruises due to the special risks related to coronavirus. The German cabinet is expected to approve the step at its regular meeting on Wednesday, the sources said, […]
Read MoreLondon: The worldwide death toll from COVID-19 has surpassed 400,000, according to a tally by Johns Hopkins University that health experts say is still an undercount because many who died were not tested for the virus. The milestone was reached Sunday, a day after the Brazilian government stopped publishing a running total of coronavirus deaths […]
Read MoreHong Kong: Oil prices collapsed to more than two-decade lows Monday as traders grow concerned that storage facilities are reaching their limits, while equities were mixed, with some support coming from signs that the coronavirus may have peaked in Europe and the United States. US crude benchmark West Texas Intermediate briefly plunged almost 20 percent […]
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