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Mourners wearing face masks and gloves pray over the body of former politburo official in the Revolutionary Guard Farzad Tazari, who died Monday after being infected with the new coronavirus, at the Behesht-e-Zahra cemetery just outside Tehran, Iran, Tuesday, March 10, 2020. Iran is the hardest-hit country in the Mideast by the new coronavirus, which sickens but largely doesn't kill those afflicted. (Mahmood Hosseini/Tasnim News Agency via AP)

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Iran asks for billions in loans as virus death toll climbs
March 12, 2020 2:59 p.m.

Iran asks for billions in loans as virus death toll climbs

TEHRAN, Iran (AP) — Iran said Thursday it asked the International Monetary Fund for a $5 billion loan to fight the coronavirus, the first time since the 1979 Islamic Revolution that it has sought such assistance, in a staggering admission of how fragile its economy has become amid the epidemic and punishing U.S. sanctions.