Resurgent cases are forcing many countries into difficult new trade-offs between health and financial stability

Senior official at financial institution warns economic fallout from COVID-19 could drive tens of millions into extreme poverty, lead to 'wave of defaults'

Global bodies warn of catastrophic economic fallout from pandemic, with Italy's leader suggesting future of EU is at stake

Governments grapple with how to balance public safety against devastating economic impact of pandemic

Most incoming goods arrive by sea, but majority of outgoing products, especially to the US, are moved by plane; now, coronavirus is bludgeoning the aviation industry

In previous flare-ups with the US, Iran has threatened the supply of oil that travels from the Persian Gulf to the rest of the world

Shares mostly fall Friday as investors fret over mounting crisis in the Middle East and lingering worries about trade conflict between the US and China

Middle East's biggest petroleum exporter says blasts near oil tankers, pipeline aimed at global economy