Sen. Ted Cruz said a group of nine senators recently ripped into the Saudi ambassador to the United States in a conference call over its oil price war with Russia.
Expo 2020 Dubai's steering committee has agreed to study postponing the world fair by a year following requests by member states hit by the coronavirus.
Economist Mohamed El-Erian said the sell "everything" moment for investors has passed, but he cautioned against rushing into stock indexes because he believes more volatility is ahead.
Europe and China are outpacing the U.S. in shoring up their labor markets amid the historic fallout from the coronavirus pandemic, according to economists.
Restrictive measures on every day life in the U.K. could last for months, government officials warned Sunday, as the country enters only its second week of national lockdown.
The oil market is facing a "double crisis" with a collapse in the OPEC+ alliance affecting supply and the slowdown in the world economy crushing demand, oil guru Dan Yergin said this week.
Asia is key for garment manufacturing and many jobs in the region will be at risk in countries like Bangladesh, Cambodia and China that are dependent on the export economy.