China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer King Abdullah visits China as region hedges against US unpredictability With no end in sight to the war in Iran and an unchecked Israeli policy across the region, the kingdom is hedging against future uncertainty and a less predictable US policy. China
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Jordan's King Abdullah heads to China in first visit since 2015: What to know Ahead of the visit, King Abdullah said that Jordan hopes to expand cooperation with China in green energy, tourism and aviation. Jordan
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington By Samuel Wendel In Washington, DC, reporting on regional business and tech
For Gulf, South Asia countries, worst is yet to come The pandemic is expected to be especially hard on migrant workers in the Mideast and South Asia, as it has left many of them unemployed and struggling to return home to an uncertain future. Legacy: Gulf
Turkey says rate of coronavirus infection stabilizes The health minister sees signs the fast-spreading contagion is coming under control as the number of new cases remains steady. But an independent physicians’ group warns the government may be undercounting. Turkey
Mideast economies to see biggest downturn in four decades, IMF projects Almost every country in the Middle East, North Africa and Central Asia is expected to have negative gross domestic product this year, and the overall GDP for the region is expected to contract by an average of 3.1%. Legacy: Gulf
Coronavirus killing off what's left of Gaza Strip's economy Due to measures taken to tackle COVID-19, the Gaza Strip economy is at a virtual standstill, worsening unemployment and poverty. Palestine
Egyptian MP proposes compulsory citizen donations to fight COVID-19 An Egyptian parliamentarian is planning to submit a bill obliging citizens to make donations to a government fund in order to help in the fight against the coronavirus, with some saying mandatory donations are illegal and a form of taxation. Egypt
Banks can't save Gulf economies Because of the way they are set up, GCC banks will have a hard time providing the funds that could help jump-start regional economies as the COVID-19 pandemic continues to take its toll. Legacy: Gulf
As foreign reserves dip, Egypt’s economy slows down Analysts study the sharp decline of Egypt’s foreign reserves due to the economic slowdown caused by the coronavirus pandemic, with fears that the Egyptian pound would further weaken against the dollar. Egypt
Shops reopen in Bahrain as government rolls back restrictions Bahrain is allowing stores to reopen if they follow social distancing guidelines but theaters and tourist locations remain closed and food delivery and takeout remain the order of the day for restaurants. Legacy: Gulf
Turkey offers fresh money to companies, seeks donations for the poor amid coronavirus crisis While enhancing monetary expansion measures to prop up companies and banks against the coronavirus crisis, Ankara is calling for donations from the public to support the poor. Turkey
Tehran stock market could remain strong despite Iran's economic downturn Now might be a good time to list companies on Tehran’s booming stock exchange. Iran
Syrian Kurds hunker down amid fears of COVID-19 Most people in northeastern Syria seem to be obeying a lockdown imposed by the Kurdish autonomous administration to contain the spread of the coronavirus, but many are wondering how they will survive financially. Syria
How will the COVID-19 crisis impact US-Iran tensions? If Iran can hold out long enough against COVID-19, Tehran and Washington might be able to come to terms. United States
