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A man wears a mask to help protect himself from the new coronavirus looks towards at Beirut's seaside corniche, or waterfront promenade, along the Mediterranean Sea, is almost empty of residents and tourists in Beirut, Lebanon, Thursday, March 12, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Hassan Ammar)

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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.