As Iran suffers from the worst coronavirus (COVID-19) outbreak in the Middle East, the Islamic republic has asked the International Monetary Fund (IMF) for a $5 billion emergency loan to assist the nation’s efforts in slowing the rapid spread of the disease. The Trump administration is opposing loans to Iran by the ...
International Monetary Fund chief Kristalina Georgieva said Friday that the global economy, including the United States, has entered a recession amid the spread of the new coronavirus. “It is now clear that we have entered a recession as bad or worse” than that seen in the aftermath of the 2008 ...