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U.S. House chairman ‘frustrated’ Pompeo refused to testify on Iran
WASHINGTON (Reuters) – The Democratic chairman of the U.S. House of Representatives Foreign Affairs Committee said on Monday he was “disappointed and frustrated” that Secretary of State Mike Pompeo had declined to testify at a committee hearing on Iran set for Tuesday. “Each passing day raises new questions about the strike that killed General Soleimani. […]
Turkish economy to pick up some pace in 2020 after stumble: Reuters poll
ISTANBUL (Reuters) – Analysts expect the Turkish economy to grow around 3% this year and next, according to a Reuters poll issued on Thursday, well shy of a government forecast as it recovers from a recession that left economic activity treading water last year. The economy, which contracted year-on-year in three consecutive quarters to mid-2019, […]
European stocks plunge into bear market as oil crashes
By Sruthi Shankar (Reuters) – European shares slumped across the board on Monday, taking the benchmark STOXX 600 into bear market territory as a lockdown of northern Italy due to the coronavirus outbreak and a 30% plunge in oil prices amplified fears of a global recession. The pan-European STOXX 600 <.STOXX> fell 7%, meeting the […]