Tag: Financial crisis
Lebanese president calls on PM to form Cabinet immediately
BEIRUT — Lebanon’s president called Wednesday on the prime minister-designate to form a government immediately or step aside as the country plunges deeper into...
In war-torn Syria, uprising birthplace seethes 10 years on
BEIRUT — Daraa was an impoverished, neglected provincial city in the farmlands of Syria’s south, an overwhelmingly Sunni Muslim backwater far from the more...
German economist panel cuts 2021 growth outlook to 3.1%
BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on...
‘Republic of Queues’: 10 years on, Syria is a hungry nation
BEIRUT — The lines stretch for miles outside gas stations in Syrian cities, with an average wait of five hours to fill up a...
Biden to name Sperling to oversee COVID-19 relief package
Gene Sperling, a veteran of the Clinton and Obama administrations, will lead the oversight for distributing funds from President Joe Biden's $1.9 trillion coronavirus...
Russian FM discusses Middle Eastern affairs with Hezbollah
BEIRUT — Russia’s foreign minister discussed the situation in Lebanon and the Middle East on Monday with a delegation from the militant Hezbollah group,...
NatWest unit faces criminal charge in money laundering case
LONDON — National Westminster Bank has been charged with violating money laundering laws in relation to 365 million pounds ($505 million) deposited into a...
‘We are hungry’: Lebanese protest worsening economic crisis
BEIRUT — Outraged protesters returned to the streets of Lebanon's capital Tuesday, blocking roads with burning tires and garbage containers as the currency continued...
NatWest unit faces criminal charge in money laundering case
LONDON — National Westminster Bank has been charged with violating money laundering laws in relation to 365 million pounds ($505 million) deposited into a...
‘We are hungry’: Lebanese protest worsening economic crisis
BEIRUT — Outraged protesters returned to the streets of Lebanon's capital Tuesday, blocking roads with burning tires and garbage containers as the currency continued...