Snapshots

While intended to curb the blow of lockdown measures, New Delhi's new stimulus package -- combined with other COVID-19 market shocks -- will only further delay its economic recovery.

The outbreak has prompted Israel’s political factions to finally form a government. But like previous Israeli coalitions born of crises, it won’t last long past the emergency.

The pandemic's projected impact on major economies has become increasingly grim as more bad news comes in on countries already past the peak of the crisis, as well as those still suffering under national lockdowns.

The postponement plus the spread of COVID-19 in key markets overseas increases the likelihood of higher government spending, as well as of a consumption tax suspension or cut.

While intended to place U.S. and European troops out of harm's way, the drawdown could prompt yet more violence by emboldening Iranian-backed militias to rid the country of any remaining Western forces.

The ECB is ramping up lending and European governments are ramping up borrowing to address the probable major economic downturn COVID-19 has helped trigger.

Signs are emerging that U.S. interests may be open to a production cut deal with Russia and/or Saudi Arabia, though likely only in a worst-case scenario.

As quarantine measures bite deeper into their economies, European governments are scrambling to offer relief to the companies and households on the frontlines of the health crisis.

The killing of American troops significantly raises the likelihood of a further military escalation within Iraq, or potentially even Iran, in the coming days.

Financial markets expect decisive action from the ECB's Governing Council when it meets this week. But already-negative interest rates leave the euro bank with few cards to play.

Russian lawmakers have laid the groundwork to postpone the prospect of a new president in 2024 by approving an amendment that would allow Putin to stay in office for potentially 12 more years.

With the coronavirus outbreak already taking its toll on oil prices, Saudi Arabia moved to cut prices even more after Russia refused to join an OPEC deal last week. The Russian economy will take a hit, but in this price war, Moscow may not be the first to surrender.