FILE – In this file photo from Friday September 17, 2021, UK Business Secretary Kwasi Kwarteng, center, attends the first Cabinet meeting since the reshuffle, at 10 Downing Street, London on Friday September 17, 2021 UK Affairs The secretary will hold emergency talks with industry leaders and consumer groups as the government seeks ways to …

Lebanon’s annual inflation rate is the highest in the world, according to Bloomberg data. Through Ainhoa ​​Goyeneche and Dana KhraicheBloomberg Lebanon’s annual inflation rate has reached the highest of any country Bloomberg tracks, overtaking Zimbabwe and Venezuela, as the financial crisis in that Middle Eastern country deepens. The consumer price index rose 137.8 percent from …

(Add details, background) By Marc Jones LONDON, Sept.21 (Reuters) – A group of Lebanese bondholders, including some of the world’s largest investment funds, on Tuesday urged the new government to start debt restructuring talks as soon as possible to help deal with the country’s severe financial crisis. Lebanon defaulted on its international debt in March …

President Joe Biden leaves St. Edmund’s Roman Catholic Church in Rehoboth Beach, Del., After attending mass on Saturday, September 18, 2021. Biden is spending the weekend at his home in Rehoboth Beach. FILE – In this file photo from August 13, 2021, two Red Cross volunteers help a man activate his pass on the TousAntiCovid …

Lebanon finally got a new government this month, more than a year after the deadly port explosion that killed 217 people, injured 7,000, and swept away the old government. Well, “new” – as always with Lebanese politics – might be overstated. But at least after a year of stasis, the country has found around 20 …

A woman walks past a bank’s electronic board displaying the Hong Kong Stock Index on the Hong Kong Stock Exchange in Hong Kong on Monday, September 20, 2021. Shares fell more than 3% in Hong Kong on Monday as part cleared up exchanges in Asia, with Tokyo and Shanghai have closed their doors. A woman …

Beirut, Lebanon – Lebanon’s new government won a confidence vote in parliament on Monday, after promising to quickly resume the International Monetary Fund (IMF) rescue talks and launch a series of reforms to pull the country out of the deepening economic crisis . Some 85 lawmakers gave their vote of confidence to Prime Minister Najib …

And Fed Vice Chairman Richard Clarida, a close ally of Powell, surprised many observers last month by suggesting that the Fed’s targets of maximum employment and annual inflation of 2% could be reached by the end of 2022 – a sign that Clarida could then support a rate hike. . If this week’s updated forecast …

The Syriac Catholic bishops, gathered in Lebanon for the first time since 2019 because of the pandemic, called on the governments of the Middle East to work “to stop wars and renounce the logic of sectarianism and racism”. In a statement following their September 12-19 meeting, chaired by Syriac Catholic Patriarch Ignatius Joseph III Younan, …

A view shows buildings damaged as a result of a massive explosion in the port area of ​​Beirut, Lebanon on August 13, 2020. Photo taken with a drone. Photo: REUTERS / Bader Helal JNS.org – The European Parliament adopted by an overwhelming majority a resolution Friday who blamed the Iranian-backed terrorist organization Hezbollah as one …