Tag: Financial crisis
Republicans point to inflation in bid to retake Congress
WASHINGTON — Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline...
Lebanon’s crisis threatens one of its few unifiers, the army
BEIRUT — Since the civil war, through wars with Israel, militant bombings and domestic turmoil, Lebanese have considered their military as an anchor for...
EU chief gives initial approval to national recovery plans
LISBON, Portugal — European Union authorities are moving a step closer to deploying the bloc’s massive pandemic recovery fund as the president of the...
Analysis: Subdued Iran vote will still impact wider Mideast
DUBAI, United Arab Emirates — Iran's presidential election on Friday, though likely more a coronation for a hard-line candidate long cultivated by Supreme Leader...
Charitable giving in the U.S. reaches all-time high in 2020
Galvanized by the racial justice protests and the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020, according...
Lebanon’s currency plumbs new record lows as crisis deepens
BEIRUT — Lebanon’s local currency hit a new record low on Sunday, with the country's economic and political crisis worsening with no apparent solutions...
Biden to urge G-7 leaders to call out, compete with China
CARBIS BAY, England — The United States plans to push democratic allies on Saturday to publicly call out China for forced labor practices as...
Lebanese hospitals warn of dangerous shortages in supplies
BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...
In Lebanon, a search for medicine and a stranger’s help
To all the struggles of life in Lebanon — the pandemic, the power outages, the inflation, the punishing financial and political crises — add...
Lebanon grants limited access to bank deposits amid crisis
BEIRUT — Lebanon’s central bank said Tuesday that depositors will be allowed to withdraw limited monthly amounts from their foreign currency accounts, nearly 20...
