Iraq depends on oil revenues, which have plummeted. The country is so desperate it is asking for donations to help it weather the pandemic.
Tag: Economic Conditions and Trends
Russian State Oil Company Rosneft, in Sudden Move, Sells Assets in Venezuela
The U.S. had imposed sanctions on two Rosneft oil trading subsidiaries this year for helping Venezuela’s authoritarian president, Nicolás Maduro.
Airlines Tell Employees to Prepare for Difficult Times
Live updates on stock market and business news during the coronavirus outbreak.
G.M. Suspends Production Indefinitely and Cuts Paychecks
Live updates on stock market and business news during the coronavirus outbreak.
Stocks Surge as Washington’s Aid Package Advances: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.
Trump May Defer Tariff Payments to Help Businesses: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.
What to Call 2021 Olympics? Just One of Many Challenges for Japan
The decision to delay the world’s largest sporting event will pose an unprecedented series of economic, political and logistical hurdles.
Stocks Unsteady as Wall Street Weighs U.S. Rescue Deal: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.
Coronavirus in India: Modi Orders Total Lockdown of 21 Days
With four hours’ notice, India’s prime minister announced that no one could leave home for 21 days — the most severe step taken anywhere in the war against the coronavirus.
Stocks Inch Higher as Wall Street’s Turmoil Continues
Stocks remained volatile even as governments took steps to offset the sharp decline gripping their economies.