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Iran car imports in steep decline

ECONOMY

Iran car imports in steep decline

A senior Iranian official says car imports into the country have fallen nearly 70 percent during the first two months of the current Iranian calendar year (Starting on March 21).

Oil giants shelve $200bn in new projects

BUSINESS

Oil giants shelve $200bn in new projects

Major oil and natural-gas companies around the world have shelved $200 billion of spending on new projects following the slump in crude prices.

Saudi jets bomb allied Yemeni forces

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Saudi jets bomb allied Yemeni forces

Saudi jets mistakenly hit forces loyal to Saudi-backed fugitive former Yemeni President Abd Rabbuh Mansour Hadi, killing 12 people.

Chinese stocks plunge 8.5%

BUSINESS

Chinese stocks plunge 8.5%

Chinese stocks have fallen more than 8 percent, in the sharpest one-day plunge since 2007.

'US war against ISIL aimed at Assad'

INTERVIEWS

'US war against ISIL aimed at Assad'

The US-led airstrikes against the ISIL terrorist group is aimed at removing the democratically elected government of President Bashar al-Assad.

Obama blasts critics of Iran accord

FOREIGN POLICY

Obama blasts critics of Iran accord

President Obama blasts Republican critics of the nuclear agreement with Iran, saying their rhetoric is "ridiculous" and "sad."