European markets tumble as global health crisis takes toll on economy

The FTSE index is down over four percent at the start of trading in London, while Germany’s DAX and France’s CAC have plummeted almost five percent. The pan-European Stoxx 600 dropped 4.5 percent at the opening bell on Monday, with industrials nosediving six percent to lead the losses. … Read More >European markets tumble as global health crisis takes toll on economy

‘Facts matter!’ Pompeo lectures Iranian govt over ‘conspiracy theories’ as US sanctions deprive nation of medicine

US Secretary of State Mike Pompeo has slammed Iran for blaming Washington for coronavirus and accused Tehran of putting “the rest of the world at risk,” even as US sanctions keep sorely-needed medical supplies out of its reach. … Read More >‘Facts matter!’ Pompeo lectures Iranian govt over ‘conspiracy theories’ as US sanctions deprive nation of medicine

Russian coronavirus vaccine passes first phase of development – expected to be ready in ’11 months’

As Covid-19 rapidly spreads, the world is united in hoping for a light at the end of the tunnel. On Monday, some potentially good news came from Moscow where hopes are high that progress has been made on a vaccine. … Read More >Russian coronavirus vaccine passes first phase of development – expected to be ready in ’11 months’

US must lift sanctions if they truly want to help Iran fight against coronavirus pandemic — Rouhani

Washington’s offers to help Tehran against the deadly Covid-19 disease are disingenuous, because it is the US sanctions that undermine people’s access to medical care, Iran’s President Hassan Rouhani has said. … Read More >US must lift sanctions if they truly want to help Iran fight against coronavirus pandemic — Rouhani