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Lebanon Recession


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The economy is taking a huge hit, with the banking sector on the brink of collapse. The provision of many social services, such as vaccines (not only for COVID, but also for polio and tuberculosis), has all but ceased. The Tatmadaw continues to face widespread resistance from democracy activists and ethnic militias, and foreign powers …

LULU GARCIA-NAVARRO, HTE: Uncontrolled inflation has decimated economies around the world. No, the United States is not Venezuela or Lebanon, where powdered baby milk now costs a quarter of the average worker’s monthly salary, but there are things to worry about. The Consumer Price Index, a barometer of inflation, experienced its biggest jump in 13 …

The way out of the bleak economic outlook resulting from Covid, experts tell us, is to put ourselves in a gloomy mood and prepare for calamity. They first said that we are quickly becoming a Myanmar, a military state, but when that prognosis started to be considered ludicrous, they have now changed their tactics to …

JOHANNESBURG — The violence and looting in parts of South Africa, sparked by the arrest of former President Jacob Zuma, spreads to reflect deeper issues in the continent’s most developed economy, where a third containment pandemic is exacerbating economic pain and unemployment that has disproportionately affected the poor. Police, now bolstered by a small deployment …

By the associated press The highlight of today’s story: On July 13, 1965, President Lyndon B. Johnson appointed Thurgood Marshall to the post of Solicitor General of the United States; Marshall became the first black lawyer appointed to this post. (Two years later, Johnson appointed Marshall to the United States Supreme Court.) To this date …

Today’s highlight in history: On July 13, 1965, President Lyndon B. Johnson appointed Thurgood Marshall to the post of Solicitor General of the United States; Marshall became the first black lawyer appointed to this post. (Two years later, Johnson appointed Marshall to the United States Supreme Court.) To this date : In 1787: The Confederation …

Asphalt pavers and drum compactors are back on the road. After a year of many road projects being shelved as cities grapple with budget holes caused by the COVID-19 pandemic, the summer resurfacing season is underway again, leaving a welcome whiff of hot tar in the air. And for paving companies, the to-do list is …

“Life is fleeting, everything is fleeting,” says Yonit Schiller. “As a photographer, I strive to capture the essence of a second in a single frame. Photography is an escape in time because it allows the moment to linger. I find it rewarding. For me, the goal is to suspend this moment in time. She describes …

Brendan McDermid / Reuters Brooklyn Borough President Eric Adams won the Democratic primary for mayor of New York, The Associated Press reported Tuesday night. With nearly every mail-in ballot eventually counted by the city’s notoriously inept election board, Adams – a former police officer who is said to be the city’s second black mayor – …