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In this Tuesday, March, 10, 2020 photo, paramedics test samples taken from patients suspected of being infected with the new coronavirus, at a laboratory in the southwestern city of Ahvaz, Iran. 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. (Amin Nazari/ISNA via AP)

In this Tuesday, March, 10, 2020 photo, paramedics test samples taken from patients suspected of being infected with the new coronavirus, at a laboratory in the southwestern city of Ahvaz, Iran. 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. (Amin Nazari/ISNA via AP)

March 12, 2020

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Iran asks for billions in loans as virus death toll climbs
March 12, 2020 11:59 a.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.