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By CHRISTOPHER RUGABER Writer in economics of AP WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell on Tuesday took a sudden and unexpected turn to tighten consumer and business credit amid growing concerns over high inflation. Powell has signaled that the Fed will likely move faster to phase out its ultra-low interest rate policies even …

Next week, US President Joe Biden will convene his World Summit for Democracy, a virtual gathering of world leaders that aims to promote human rights, fight corruption and discuss ways to strengthen democracy against a rising tide of authoritarianism across the world. The event fulfills a campaign promise made by then-candidate Biden to host a …

By ANNE D’INNOCENZIO Editor AP Retail NEW YORK (AP) – Americans are spending freely and returning to shop in-store, reversing some of the momentum in online sales last year, when Americans did much of their shopping exclusively through the internet. Shopper traffic roared on Black Friday, but it was still below pre-pandemic levels, in part …

Iran and Turkey agreed on Sunday to strive for “an overall improvement in relations” at a meeting of the 15th summit of the Organization for Economic Cooperation (ECA) in Ashgabat, the capital of Turkmenistan. Iranian Foreign Minister Hossein Amir-Abdollahian said on Twitter that Iranian President Ebrahim Raisi and his Turkish counterpart Recep Tayyip Erdogan also …

Abstract During the first half of 2021, approximately 438,000 Palestinian refugees in Syria, 28,017 Palestinian refugees from Syria (PRS) in Lebanon and 18,164 PRS in Jordan entered a state of greater poverty and vulnerability as the impact socio-economic impact of the COVID-19 pandemic has worsened. and unemployment rates have skyrocketed across the region.In Syria, the …

By ADAM BEAM Associated Press FOLSOM, Calif. (AP) – The Hampton Inn in Folsom, Calif. Has 147 rooms, but general manager Enid Baldock was only able to rent 117 recently because she didn’t have enough staff to clean them. “I refused people with 30 (available) rooms. Ridiculous, ”she said as she stuffed sheets into a …

WASHINGTON – The number of Americans claiming unemployment benefits fell last week to its lowest level in more than half a century, another sign that the US labor market is rebounding quickly from last year’s recession . Unemployment claims fell from 71,000 to 199,000, the lowest since mid-November 1969. But seasonal adjustments around the Thanksgiving …

Beirut, November 26, 2021 – The government of the Netherlands and UNESCO today signed a media funding agreement for the upcoming parliamentary elections in Lebanon, as part of UNESCO’s flagship initiative Li Beirut. Hans Wesseling, Ambassador and Permanent Representative of the Netherlands to UNESCO and Tawfik Jelassi, UNESCO ADG for Communication and Information, signed the …

I have the right to wonder about the value of the moral, material and historical cost that the nation is still paying with the continuation of the sectarian killings! For example, we saw what happened and is still happening in Iraq, in the midst of the unprecedented sectarian division that our nation is experiencing these …

By NICOLE WINFIELD, Associated Press ROME (AP) – Pope Francis told the Lebanese Prime Minister on Thursday that he prayed that God would help Lebanon to “rise up” and to get back on its feet following an unprecedented economic crisis that has thrown the three quarters of the country’s 6 million inhabitants, including one million …

It has been 20 years since Bahaa Hariri voted in the Lebanese elections. After the assassination of his father Rafik Hariri in 2005, the heir apparent to Lebanon’s most influential family retired to Paris, where he has spent the past 15 years running a business empire. Devoured with grief, he had no interest in following …

The cost of food and other basic items continues to climb in the United States, with the rate of inflation reaching a 31-year high. In October, the inflation rate remained above 5% for the fifth consecutive month, according to a World Street Journal report. The Consumer Price Index (CPI) rose 6.2% in October from the …

NOTnothing makes sense. Along England’s east coast, British employers are scanning the horizon. They desperately need all the migrant workers Boris Johnson will bless with visas to pick fruit, kill turkeys, staff hotels or care for the elderly. At the same time, along the south coast, British politicians are screaming in horror at the cargoes …

On the occasion of the commemoration of the 78th independence day of Lebanon and the deadline for registration of Lebanese expatriates to participate in the next legislative elections, the Speaker of the Parliament Nabih Berri called on Monday to “convene independence as a story that began as a station for assuming national responsibility which secured …

On Christmas Day in 1914, British and German troops emerged from World War I trenches as weeks of bad weather have dissipated and called for a truce. It was spontaneous and not approved by superiors, but many soldiers on both sides ended up participating. Football matches were played between British and German troops before they …

This November 27 marks the 43rd anniversary of the founding of the Kurdistan Workers’ Party (PKK), which was created at its first conference, held by a group of revolutionary students in the village of Vis, Amed in Kurdistan Bakur. The founding of the Kurdistan Workers’ Party (PKK), led by leader Abdullah Ocalan, who was elected …

through Naharnet press office November 22, 2021, 12:48 AM The Beirut Bar Association elected a new leader on Sunday in a vote that saw big losses for opposition candidates and big wins for representatives of the country’s ruling elite. Nader Gaspard has been chosen to replace Melhem Khalaf, an independent candidate whose election two years …

Lebanese President Michel Aoun said on Saturday that Lebanon aims to reach an agreement on the demarcation of maritime borders with Israel that would guarantee the country’s right to invest in its natural resources, according to a statement from the Lebanese presidency. “Lebanon looks forward to resuming indirect negotiations mediated by the United States with …

NNA – Marking the commemoration of the 78th independence day of Lebanon and the deadline for the registration of Lebanese expatriates to participate in the legislative elections, the Speaker of the House, Nabih Berri, called for “to call independence as a story which began as a station for assuming the national responsibility which ensured independence …

DUBAI: Progress towards the United Nations Sustainable Development Goals in the Middle East and North Africa region has been hit hard by the global pandemic, and many of the achievements of the past decade have been reversed, according to a new report from the Food and Agriculture Organization of the United Nations. At least 132 …

Every two days, Karl Karam and his fellow architect Jihad Farah drive two hours from the Lebanese coast to a field of purple flowers in the Bekaa Valley, near the border with Syria. The friends have traded their leaders for shovels and turned to saffron cultivation as construction projects dwindle amid an economic collapse that …

A broken system When it comes to crimes against children, Lebanon has two sets of laws on the books. The penal code covers all crimes and considers crimes against adults and minors alike. However, if a crime is committed against a minor, then the penalties against the offender are more severe and increase in severity …

Remittances to low- and middle-income countries are expected to have increased by 7.3% to reach $ 589 billion in 2021. This return to growth is more robust than previous estimates and follows the resilience of flows in 2020, when remittances fell only 1.7%. despite a severe global recession due to COVID-19, according to estimates in …

By KEN SWEET AP Commercial Writer NEW YORK (AP) – A fierce battle is waged in Washington over President Biden’s choice to head a generally low-profile agency that oversees the banking industry. Willow Omarova, 55, was appointed in September to be the country’s next currency controller. If confirmed, she would be the first woman and …

BEIRUT (AP) – The governor of Lebanon’s central bank said on Wednesday that he had requested an audit of transactions and investments during his tenure and the results showed that no public money had been embezzled. Riad Salameh, 70, once hailed as the guardian of Lebanon’s financial stability, has come under intense scrutiny since the …

IRBIL, IRAQI KURDISTAN: Iranian-backed Iraqi militias rejected the results of the October legislative elections in Iraq, in which their political wings did very poorly, and elements among them may well have been behind of the attack on Prime Minister Mustafa Al-Kadhimi earlier this month. But can anything be done on a practical level against the …

WASHINGTON, DC: It was a morning in late October 1983 when two suicide trucks driven by members of a then little-known terrorist group named Hezbollah crashed into a United States Marine Corps barracks in Beirut, killing 241 American soldiers and 58 French soldiers and six civilians. Armed, funded and indoctrinated by Iran’s Islamic Revolutionary Guard …

Automakers and dealers are on track to spend less on advertising this holiday season, industry executives and analysts said, and they’re not alone as supply chain disruptions leave less advertising to advertisers. DETROIT (AP) – Take a step back from picked-up store shelves, stalled container ships, and empty auto showrooms, and you’ll find the root …

Dr Anwar Gargash, diplomatic adviser to President His Highness Sheikh Khalifa Bin Zayed Al Nahyan. Image credit: AFP Abu Dhabi: Dr Anwar Gargash, diplomatic adviser to President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, said the UAE has taken steps to reduce tensions with Iran, with the aim of building confidence and to avoid …

The National Symphony Orchestra of Lebanon is feeling the effects of the financial crisis in the country. The crisis has left many people in Lebanon suffering from poverty and struggling to meet simple needs. The crisis has worsened due to the COVID-19 pandemic. The August 2020 explosion in Beirut also aggravated the crisis. The explosion …

Lebanese airline Middle East Airlines has postponed delivery of its four Airbus A330neo on order until 2026 as it tries to recover from the twin challenges of the pandemic and the economic crisis in Lebanon. Speaking to FlightGlobal at the Arab Air Carrier Organization’s AGM in Doha on November 11, MEA Chairman Mohamad El-Hout said …

By STAN CHOE AP Business Writer NEW YORK (AP) – Wall Street skeptics are gone. As the stock market hit record highs – undefeated by recession, pandemic or dangerous bubble warnings – activity fell to an almost two-decade low for traders known as short sellers , who make their money betting stocks will fall. It …

The weekend’s triple drone attack on the home of Mustafa al-Kadhimi, the Iraqi prime minister, is breathtaking. The assassinations of senior politicians are not uncommon in Iraq or the Middle East. Even so, the response to this attempted murder – Kadhimi was not seriously injured although several of his bodyguards were – could make or …

Lebanon (MNN) — The Arab League has sent an emissary to arbitrate a rupture between Lebanon and Saudi Arabia. The Gulf Kingdom last week expelled a Lebanese ambassador and banned all Lebanese imports. It all started when a Lebanese politician makes remarks on Saudi Arabia’s military campaign in Yemen, appearing to call them the aggressors …

An American mediator has reportedly informed Israel and Lebanon that if they cannot agree on a compromise on a disputed maritime region, he will end his participation in the talks. US envoy Amos Hochstein, who visited Israel this week, suggested to senior Israeli officials that they must complete the deal before the March 2022 parliamentary …

AMMAN – Lebanon is going through a crisis in its relations with Saudi Arabia and its Arab supporters in the Gulf, from which it desperately needs commercial and financial assistance. A Lebanese minister’s criticism of Saudi military involvement in Yemen is at the heart of a diplomatic dispute that plays a role in a regional …

BEIRUT (Reuters) – As Lebanon’s National Orchestra prepared for its season opening concert with half of its musicians absent, conductor Lubnan Baalbaki faced a dilemma: attempting a piece for an ensemble full or prepare a smaller version. On the day of the concert, three more musicians showed up, braving the pressures of an economic crisis …

BEIRUT, Nov 10 (Reuters) – As Lebanon’s National Orchestra prepared for its season-opening concert with half of its musicians absent, conductor Lubnan Baalbaki faced a dilemma: attempt a piece for a complete set or prepare a reduced version. On the day of the concert, three additional musicians showed up, braving the pressures of an economic …

3) ITV chairman under pressure from shareholders Sir Peter Bazalgette is facing an investor rebellion over his role in an obscure investment trust amid allegations that he and other directors presided over a corporate governance fiasco. 4) Wall Street raider threatens to blow up online fashion world Activist investor Dan Loeb has raised expectations of …

Sawa Li Lubnan, a political organization funded solely by Lebanese billionaire Bahaa Hariri, will present its own electoral roll in the Lebanese elections in March 2022. Bahaa Hariri insisted he didn’t want to be prime minister, but said he was “more than happy” to show leadership [Getty] Sawa Li Lubnan, a political organization funded solely …

The head of Hezbollah, the Iranian-backed Shiite group in Lebanon, called the recent violence in Beirut “a new dangerous and critical step” in the country’s internal political situation. He also accused the Lebanese Forces, the right-wing Christian party, of trying to start a new civil war in the country. Hassan Nasrallah delivered his fiery speech …

By Hasan Mustafa Apart from Pope Francis and the Dalai Lama, few religious leaders today command as much respect among Muslims and non-Muslims as Grand Ayatollah Ali Al-Sistani, the 91-year-old “supreme marja” of Shia Muslims in the country. world. Al-Sistani was a disciple of Ayatollah Abu Al-Qasim Al-Khoei, who for decades was the most renowned …

There is a dispute between the Lebanese as old as the country itself. It can be summed up in two opposing approaches to understanding things and making sense of them. The first approach prioritizes the homeland over the idea, while the second puts the idea before the homeland. The first approach was developed by Maronite …

BEIRUT: The families of those arrested during the violence in Tayouneh on October 14, as well as the families of those arrested in the Khalde incident in early August, protest against what they claim to be “biased actions” judicial authorities. In recent days, families have reacted angrily to the lack of arrests of anyone associated …

From traditional to abstract, Arab pavilions at Expo 2020 Dubai capture the imagination DUBAI: Universal exhibitions have a long and illustrious past, especially for their enduring contributions to urban horizons and architectural world premieres. The Eiffel Tower and the Chicago Ferris Wheel are two of the most recognizable examples. Despite these permanent contributions, the exhibits …

By CHRISTOPHER RUGABER Writer in economics of AP WASHINGTON (AP) – US employers ramped up hiring last month, creating 531,000 solid jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown. Friday Ministry of Labor report also showed that the unemployment rate fell to 4.6% …

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stock indices closed another wobbly trading day on Wall Street with a patchy end Thursday that includes more all-time highs for the S&P 500 and Nasdaq. The benchmark S&P 500 rose 0.4%, extending its winning streak to a sixth day. The index has seen a …

DUBAI: As world leaders gather in Glasgow for the COP26 summit, the untapped potential of hydrogen among other alternative energy sources has caught the attention of experts and delegates who visited the Scottish city to explore ways to mitigate climate change. Hydrogen fuel has become a viable competitor for the energy transition as heat-trapping greenhouse …

At 6.30am last Monday, John Sagherian and Elie Heneine descended into the lobby of their three-star hotel in eastern Sudan and found a crowd gathered around a television. While filtering, they heard the news. The army had staged a coup in the capital, Khartoum, 90 miles to the northwest. “Instantly everything we had planned for …

CHICAGO: Palestinian Christian Said Khoury was praying in the iconic Church of the Nativity in Bethlehem when drops of water fell on his head from the roof above. Maybe it was a signal from God, or just a coincidence as the rains hit the Christian town that day in the Israeli-occupied West Bank, but it …

Wednesday, October 27e, the Lebanese leader of the Lebanese Christian Front (LF) Samir Geagea did not appear before an investigation by the army’s secret services into the attack of 14 Octobere street clash in Beirut, as crowds of LF supporters blocked access to his home. Geagea and the FL deny responsibility for the killings, which …

Bond yields have fallen. The 10-year Treasury yield fell to 1.55% from 1.57% on Monday night. Crude oil prices fell 0.9% and weighed on energy stocks. Wall Street has focused on a steady stream of corporate profits over the past few weeks. The results helped generate gains for major indices after a turbulent summer when …

Start or start over The problem is that not all non-sectarian groups have much to rely on. Some lack visibility, especially outside of cities, and clash with traditional sectarian parties with clear hierarchies, supported by cohesive patron-client relationships for decades. Others have been active for longer, but remain on the fringes of the Lebanese political …

Editor’s Note: This is the web version of our weekly subscriber-only newsletter, Middle East Memo, which examines what’s happening, what’s being said and what’s on the horizon in the Middle East. . Subscribe to receive it by email every Tuesday. If you are already subscribed, adjust your newsletter settings to receive it. Saudi Arabia withdrew …

BEIRUT, Nov. 1 (Xinhua) – The Iraqi Embassy in Lebanon said on Monday that Iraq will keep its markets open to Lebanese exports to help the country weather its financial crisis, the National News Agency (NNA) reported. . “We will provide more facilities to Lebanon and allow a better flow of Lebanese exports to the …

WhatsApp Facebook Twitter E-mail Messenger ONE of the western tech companies has around 155,000 employees, while another has 70,000 employees. These two companies have provided mankind with more than 11,000 patents in various types of technologies. Moreover, they are devoid of any affiliation or prejudice towards a religion or even a sect. However, when we …