Saudi Arabia said the government will cut spending by 5%, or about $13.3 billion, to offset the impact of plunging oil prices and the effects of the new coronavirus on its economic outlook and deficit.
With the Israeli government enacting a series of emergency measures to stem the spread of the new coronavirus, Prime Minister Benjamin Netanyahu is facing growing accusations that he is exploiting the crisis to entrench himself in power and undermining the country’s democratic foundations.
The Olympic flame from Greece is set to arrive in Japan even as the opening of the Tokyo Games in four months is in doubt with more voices suggesting the event should be postponed or canceled because of the coronavirus pandemic.
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