Since the start of the war, the Kremlin blockade of Ukrainian grain exports via the Black Sea has caused bread prices to skyrocket. Mahmoud Zayyat | AFP | Getty Images With Lebanon already facing its biggest economic crisis ever, the impact of Russia’s war in Ukraine has exacerbated dire living conditions in the Mediterranean nation …

BEIRUT (AP) — Lebanese lawmakers voted on Tuesday to use a $150 million loan from the World Bank to pay for wheat imports into the cash-strapped country. Already in the grip of a crippling economic crisis, Lebanon is also struggling to cope with a food security crisis that has left half of its roughly 6 …

Story Highlights Trust in the Lebanese judicial system among the lowest in the world, at 16% More see Beirut Criminal Court investigation as fair than biased The majority of the Shia community opposes the continuation of the investigation WASHINGTON, DC – Nearly two years have passed since one of the largest …

Don’t the Lebanese people have the right to denounce the non-respect of the constitutional deadlines? Do they not have the right to be surprised that a new president has not been elected at the end of the reign of the occupant of the palace, and to apprehend the long-awaited electoral results, which suddenly suggest a …

WASHINGTON — U.S. Treasury Secretary Janet Yellen said Sunday that U.S. economic growth was slowing and acknowledged there was risk of a recession, but she said a slowdown was not inevitable. Yellen, speaking on NBC’s “Meet the Press,” said strong U.S. hiring numbers and consumer spending showed the U.S. economy was not currently in a …

By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the U.S. economy was slowing, but stressed healthy hiring as proof that it is not yet in recession. Yellen spoke on NBC’s “Meet the Press” just ahead of the release this week of a series of economic reports that …

Soki Wu’s food stall, tucked away in a food court in a mall in Singapore, is a crowd favorite for its fresh and juicy ‘chicken rice’, a national dish. But customers have recently started complaining that his chicken doesn’t taste as good as it used to. Wu was forced to switch to frozen chicken after …

The United States paralyzed Lebanon and emptied all the international parties opposed to the United States which parked their assets in Lebanese banks. A story as obvious as this is not even maintained by US-sponsored NGOs. NGO in Lebanon: The new drones of US imperialism It seems that Lebanon is still calling for help; then …

Normal text sizeLarger text sizeVery large text size Sydney lawyer Tom Zreika was two years old when his family fled war-torn Lebanon by boat. Thousands of people made the same journey before the end of the civil war in 1990, and many died at sea. “Never in my wildest dreams” did he think he would …

The process of structural transformation in the now industrialized economies was generally linear, moving first from agriculture to manufacturing and then from manufacturing to modern knowledge-intensive professional services. But growth in less industrialized countries over the past three decades has not followed this pattern. “Modern” services have provided opportunities for productive growth in “traditional” economies, …

Published on: 07/20/2022 – 20:14Amended: 07/20/2022 – 20:12 Paris (AFP)- Talks are progressing on opening shipping corridors to allow the 20 million tonnes of grain still stuck in Ukraine and upcoming harvests to be shipped around the world. But even if a deal is struck, it will bring no immediate relief to importing countries. Crucial …

Santosh Rao, Head of Research at Manhattan Venture Partners, discusses Netflix’s results and what it means for the streaming industry going forward. Video transcript – Let’s take a look at Netflix stocks, which are gathering here after hours. The stock up about 6 and 1/2%. The company reports a lower than expected loss of subscribers …

Two weeks ago, I returned to Beirut for my first visit to Lebanon since an economic crash turned the country into a perverse laboratory experiment in the limits of human tolerance for totally avoidable deprivation and abusive governance. The human impact of the crisis, which began in October 2019, has been extensively chronicled, but it’s …

President Michel Aoun confirmed that “Lebanon attaches great importance to the agricultural sector because it is an essential part of the production economy after having been dependent for years on the rentier economy”. The statement came during his meeting at Baabda Palace with the new representative of the Food and Agriculture Organization of the United …

By MARINA VILLENEUVE – Associated Press ALBANY, NY (AP) — Democratic Governor Kathy Hochul has a campaign war chest seven times larger than Republican challenger Lee Zeldin ahead of the November election. State campaign finance reports due Friday show Hochul has $11.7 million in the bank, compared to $1.6 million reported by Zeldin, a U.S. …

Australia may be facing record inflation, but that’s nothing compared to some countries, as New Zealand is mired in cost-of-living misery – while China watches smugly. Prices are soaring as the nation watches a perfect Covid storm and spiraling fuel and electricity bills as flood-ravaged farmland sees food prices soar. The battle against inflation is …

strong points Global Economic Live Updates: The global economy is facing massive headwinds from inflation, recession, stock market crash and currency depreciation in all countries. Welcome to WION’s live blog on global economics and affairs. The global economy has been exacerbated by a perfect storm of the Covid pandemic, the Russian-Ukrainian conflict and the standoff …

“In Lebanon, the harassment of journalists can be deadly and Lokman Slim is proof of that,” said Sabrina Bennoui, head of RSF’s Middle East desk. “Harassment can escalate into threats and finally threats can be carried out. We urge the authorities to shed light on those responsible for Slim’s murder and to take victims seriously …

RIYADH: The United States and Saudi Arabia have an established security relationship, with over SR375 billion ($100 billion) in active foreign military sales that President Joe Biden can draw on during his his visit to the Kingdom. According to the website of the US embassy and consulates in Saudi Arabia, the two countries have developed …

Tahini market Tahini Market by Product Type, Production Process and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030 PORTLAND, OR, USA, July 14, 2022 /EINPresswire.com/ — Tahini is a condiment or thick paste made from sesame seeds. It contains vitamin B, calcium and protein. Tahini is rich in fatty acids, which have various health …

Talk of an Arab NATO ignores many facts on the ground. Such a notion distorts or oversimplifies the realities of the region. The Middle East is now going through one of its worst phases to such an extent that it is difficult to count the number of problems it is facing. Combining the terms “visiting …

By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — U.S. inflation hit a new four-decade high in June on rising gasoline, food and rent prices, squeezed household budgets and pressure on the Federal Reserve to aggressively raise interest rates – trends that increase the risk of a recession. The government’s consumer price index has …

By SYLVIA HUI – Associated Press LONDON (AP) — Eight politicians are in the running to replace Boris Johnson as the next leader of the Conservative Party and British Prime Minister. Here are the candidates who won the support of at least 20 Conservative lawmakers to qualify for Wednesday’s second round of voting: RISHI SUNAK, …

By KRISHAN FRANCIS – Associated Press COLOMBO, Sri Lanka (AP) — A weekend of political chaos in Sri Lanka dragged into Monday as opposition leaders have yet to agree to replace embattled President Gotabaya Rajapaksa and his prime minister. , whose residences remain occupied by protesters angered by the country’s economic collapse. Crowds of protesters …

By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — Last week’s jobs report pointed to a strong U.S. economy with few signs of a recession on the horizon that can withstand higher interest rates, the Reserve Chairman said Monday. Federal of St. Louis, James Bullard. Financial markets are showing flashing signs that an economic …

By DANICA KIRKA – Associated Press LONDON (AP) — Potential successors to British Prime Minister Boris Johnson raced to differentiate themselves from an increasingly crowded field on Sunday as the ruling Conservative Party set a tight timetable for an election. The candidates posted slick campaign videos on social media and appeared on Sunday morning political …

Interim Information Minister Ziad Makari said “it is not possible to form a new government during this short period, as it is transitory as presidential elections approach and various forces will compete.” Thus, he considered that “reviving the interim government and restoring its confidence is the best solution”. The words of the interim minister came …

By KRISHAN FRANCIS and ELAINE KURTENBACH – Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said late last month that the island nation’s debt-ridden economy had “collapsed” as it ran out of money to pay for food and fuel. . Short of cash to pay for imports of these basic necessities and …

ANKARA Many leaders have been assassinated for various reasons, including US President John F. Kennedy, Pakistani Prime Minister Benazir Bhutto and Israeli Prime Minister Yitzhak Rabin. Influential Japanese politician and former Prime Minister Shinzo Abe has died of injuries sustained after being shot during an election campaign event. It remains unclear whether Abe’s assassination was …

THE CONVERSATION via AP — American Jews donate heavily to charity. One of the ways they support causes in the United States, Israel and elsewhere is collectively, often through large granting organizations. In researching this organized philanthropy, I have observed that the proportion of Jewish institutional giving to Israeli causes has declined since 2009. I …

The United Nations Security Council called yesterday to speed up the formation of a new government in Lebanon, to implement the necessary reforms, Anadolu reported. The press release issued by the President of the Council, Ronaldo Costa Filho, indicates that the members of the Security Council took note of the appointment of Najib Mikati as …

The news of four Iranian ships sailing in the Red Sea is not a threat to Israel at the moment as it happened months ago, but it is a story that sums up Israel’s campaign to thwart and thwart the designs of the Islamic Republic and the fact that this was only made public in …

PA BRATISLAVA, Slovakia (AP) — The Slovak government is facing another serious crisis after a junior party threatened Wednesday to pull out of the four-party coalition over disagreements over how to deal with rising inflation . The liberal Freedom and Solidarity party has said it is no longer willing to be in government because of …

The Middle East Institute Lebanese Program, in partnership with LIFE Lebanon and the Institute for Social Justice and Conflict Resolution (ISJCR) at the Lebanese American University, invites you to an interactive fireside chat with Lebanese Deputy Prime Minister Saade Chami to discuss the latest developments in Lebanon’s financial situation. and socio-economic crises in light of …

Although the group was the largest bloc in last October’s elections, it was unable to form a government due to opposition from rivals in the Coordination Framework, which includes the other Shiite forces who refuse to form a majority parliamentary government with their allies, the Kurdistan Democratic Party (PDK) and the Sunni Alliance for Sovereignty. …

By BOBBY CAINA CALVAN and KATHLEEN FOODY – Associated Press The latest mass shooting came as the nation struggled to find a reason to celebrate its founding and the ties that still hold it together. It was supposed to be a day to take time off from work, flock to parades, devour hot dogs and …

STORY: Location: Bchetfine, Lebanon These Lebanese artisans fight to preserve their heritage amid cheaper mass production and economic crisis Hana Fayad’s family has been weaving on a loom for three generations but she fears the age-old craft will die with her [Hana Fayad, Lebanese loom weaver] “Before, they (craftsmen) relied on these crafts, like pottery …

Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of July 4, 2022 here. The difference between success and failure in Forex/CFD trading is very likely to depend primarily on which assets you choose to trade each week and in which directionnot on the exact methods you might …

TEL AVIV, Israel — Acting Israeli Prime Minister Yair Lapid held his first Cabinet meeting since taking office on Sunday, promising a functioning government despite political instability that sends Israel to its fifth election in less than four years. . Lapid, seated next to his predecessor power-sharing partner Naftali Bennett, also warned that Israel would …

JERUSALEM, July 2 (Reuters) – Israel said it shot down three drones heading from Lebanon to one of its Mediterranean gas platforms on Saturday and accused the Iran-backed Hezbollah group of launching them. There was no immediate response from Lebanon to the Israeli allegation, which came amid tensions between the countries over the location of …

As Russian President Vladimir Putin and his Chinese counterpart Xi Jinping market their authoritarian rulers as alternatives to a “moribund” Western democratic system, Tehran’s Khomeinist mullahs are also throwing their hats, sorry turbans, into the ring as contenders for the head of a new world order. An early version of the mullahs’ candidacy emerged nearly …

NEW YORK CITY: Last month, the UN observed World Refugee Day against the backdrop of a grim new milestone: the number of people who have been driven from their homes by war, persecution, violence and human rights violations now stands at more than 100 million. The figure is just one of many sobering numbers in …

BAGHDAD — Famous YouTubers, including artists, singers and travel enthusiasts, have recently come to Iraq from all over the world, wandering through various cities and regions of the country. In 2021 and the first half of 2022, more than a dozen famous Arab YouTubers and singers visited Iraq and widely posted on their social media …

By JIM GOMEZ – Associated Press MANILA, Philippines (AP) — Ferdinand Marcos Jr., the namesake son of a ousted dictator, praised his father’s legacy and glossed over his violent past as he was sworn in as president of the Philippines on Thursday after a stunning election victory which opponents say was won by whitewashing his …

A Lancaster University-based center that aims to trace religious tensions in Middle Eastern politics has secured a third round of funding to continue its work. SEPAD (the Sectarianism, Proxies and De-Sectarianization Project) based at Lancaster University’s Richardson Institute for Peace Studies, secured $500,000 in funding from the Carnegie Corporation of New York. Running through June …

BANGKOK (AP) — Cambodia’s foreign minister arrived in Myanmar on Wednesday for his second visit as special envoy of the Association of Southeast Asian Nations to the country, which is mired in violence and civil unrest since the military took over last year. State broadcaster MRTV reported that Prak Sokhonn and his group arrived in …

Lebanon is facing one of the world’s worst economic and financial crises in the past 150 years, according to the World Bank. The Bank called Lebanon’s economic collapse a “deliberate depression”, due to “continued political inaction” and “persistent and debilitating internal political discord”.Lebanon’s three-year financial crisis has now plunged about three quarters of the population …

By ARITZ PARRA and CIARÁN GILES – Associated Press MADRID (AP) — Spanish Prime Minister Pedro Sánchez said the NATO summit in Madrid this week was aimed at showcasing the united front of Western allies in defense of democratic values ​​in the face of Russia’s invasion of Ukraine, while increasing the block’s deterrent capabilities. In …

BEIRUT (AP) — Dona-Maria Nammour was looking for a romance. The night she first met Mazen Jaber, they ended up dancing for hours. But their story is much more than a romance between cute and happily ever after. It’s also about friction in their native Lebanon over sectarian politics and civil rights, the role of …

The alarm on Ahmed Karim Khalife’s phone is set for 6 a.m., so the 22-year-old aspiring architect can join the queue that is starting to form early outside his neighborhood bakery in Beirut. The store opens around 7:30 a.m., and nowadays it often runs out of bread at 9 a.m., Khalife said. “If I don’t …

Rising food prices. Skyrocketing fuel bills. Wages that don’t keep pace. Inflation plunders people’s wallets, sparking a wave of protests and labor strikes around the world. This week alone has seen protests from the political opposition in Pakistan, nurses in zimbabweunionized workers in Belgium, railway workers in Great Britain, Indigenous peoples in Ecuador, hundreds of …

Christian extremists have destroyed an LGBT monument in East Beirut amid a rise in hate speech against the LGBT community Activists gather outside the Home Office on Sunday to protest the recent rise in homophobia [Getty] Christian extremists have demolished an ornate rainbow flag monument in east Beirut, as Lebanon experiences a spate of homophobic …

NEW YORK (AP) – Stocks racked up more gains on Wall Street on Friday, as the S&P 500 had its best day in two years and only its second winning week in the past 12 to provide some relief from the brutal selling of the market. This year. The benchmark rose 3.1%, with technology and …

BEIRUT — Lebanon and Sri Lanka may be worlds apart, but they share a history of political turmoil and violence that has led to the collapse of once-thriving economies plagued by corruption, clientelism, nepotism and corruption. ‘incompetence. The toxic combinations have led to disaster for both: collapsing currencies, shortages, triple-digit inflation and growing hunger. Winding …

Attachments “Introduction” Background Training for Rural Economic Empowerment (TREE) is a program designed to support the transition of men and women in rural or semi-urban areas to decent work using a community-based approach to income generation and skills development. skills. By linking employment and income generation opportunities to training and post-training support, with the engagement …

BEIRUT (AP) — Lebanese Prime Minister Najib Mikati won the backing of more than 50 lawmakers on Thursday to keep his post after last month’s legislative elections as the country’s multiple crises worsen with no solution in sight. After a day of binding consultations between President Michel Aoun and the parliamentary blocs, Mikati was nominated …

Lebanon analysts, speaking to a USIP audience, agreed it was a moment of cautious optimism. “The results of these elections gave hope to civil society groups and to a population that, on the eve of the elections, had almost given up hope,” said Paul Salem, president of the Middle East Institute. Nevertheless, this hope should …

By CHRISTOPHER RUGABER – AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell on Wednesday sought to reassure the public that the Fed will raise interest rates high enough and fast enough to stifle inflation, without tightening credit at the strangle point the economy and cause a recession. Testifying before the Senate Banking …

Lebanon’s central bank governor Riad Salameh said the country’s foreign exchange reserves fell by $2.2 billion in 2022. As his comments aired on television, police raided his home in as part of an investigation into allegations of corruption. Riad Salameh is under investigation for financial misconduct and corruption [Getty] Lebanon’s central bank governor Riad Salameh …

Lebanon’s Central Bank Governor Riad Salameh speaks during a news conference at the Central Bank in Beirut, Lebanon November 11, 2019. REUTERS/Mohamed Azakir/ Join now for FREE unlimited access to Reuters.com Register BEIRUT, June 21 (Reuters) – Lebanese Central Bank Governor Riad Salameh said on Tuesday the bank’s foreign exchange reserves had fallen by $2.2 …

By AAMER MADHANI and JOSH BOAK – Associated Press REHOBOTH BEACH, Del. (AP) – President Joe Biden said Monday he would decide by the end of the week whether he would support a federal gasoline tax exemption, which would save U.S. consumers up to 18.4 cents per gallon. “Yeah, I’m thinking about it,” Biden told …

By BRIAN SLODYSKO – Associated Press WASHINGTON (AP) — Facebook on Monday removed a campaign video of Republican U.S. Senate candidate Eric Greitens from Missouri that shows him brandishing a shotgun and saying he’s hunting RINOS, or Republicans in name only. In the ad, Greitens, a former governor of Missouri who resigned in disgrace in …

The Arab world has not always viewed the Shiite regime in Iran through a sectarian lens, despite the fact that the majority of Muslims around the world are Sunni. Former Iranian Supreme Leader Ruhollah Khomeini, the father of the Iranian revolution, was once seen as the leader of the protest against the Shah’s oppression, Western …

BEIRUT: The municipality recently removed Hezbollah slogans, images and billboards that had been erected for years on the road to Rafic Hariri International Airport in Beirut. They have been replaced by welcome signs by the Ministry of Tourism to welcome tourists and expatriates returning to Lebanon for the summer holidays. Photos of Hezbollah leaders and …

Individuals can only learn politics in a political society, just as they can only learn law in a society of laws. So, for example, Cuban opponents in Miami have engaged in all sorts of concerns and activities that are difficult to relate to politics and law. The same goes for the Russians who rose to …

RIYADH: Any cargo delivery business will feel a bit sinking at the thought of short-term storage, with most warehouse operators insisting on minimum volumes and contracts of at least a few months. Logexa, an online logistics platform launched by Husam Sendi and his co-founders in September 2021, has turned the tide. After earning a degree …

Russia “important partner” for Egypt, says El-Sisi at St. Petersburg forum CAIRO: Egyptian President Abdel Fattah El-Sissi praised Egypt-Russia relations during a speech at the St. Petersburg International Economic Forum. He said: “Russia is an important partner for Egypt in various fields, and relations between the two countries are distinguished.” During his speech, El-Sisi added: …

IRBIL, Iraq: The Iraqi Kurdistan Regional Government is working to create two oil companies, the latest move in the battle between Irbil and Baghdad to control the oil sector in the semi-autonomous region. KRG’s new oil company, KROC, would specialize in oil exploration, while the second – KOMO – would focus on exporting and marketing …

Soaring food and fuel prices in Sri Lanka have precipitated the worst political unrest in the South Asian country in years, as tens of thousands of protesters march for change on an empty stomach. As the government falters alongside its economy, the international community must take urgent action to help stabilize Sri Lanka, where domestic …

By STAN CHOE – AP Business Writer NEW YORK (AP) — Wall Street rallied on Wednesday after the Federal Reserve’s biggest interest rate hike since 1994, and its subsequent assurance that such mega-hikes would not be common. The S&P 500 climbed 54.51, or 1.5%, to 3,789.99 after going through roller coaster trading immediately after Fed’s …

It is well known that factionalism and corruption have long stood in the way of the kinds of structural reforms that Lebanon needs. But an overlooked problem is the inaction of foreign powers who could easily impose domestic changes if they had the right incentives. OXFORD – Lebanon’s political economy is paralyzed. The country’s political …

In a statement, the organization highlighted the decades of confrontation of the Cuban people against the hegemony of the United States and the example of the revolution in the defense of just causes. The Movement’s press release noted the meeting between the leaders of Mourabitun and the head of the Cuban mission in Beirut, Jorge …

PA NEW YORK (AP) — Stocks open sharply lower on Wall Street as inflation worries mount, bringing the S&P 500 one step closer to a bear market decline of 20% from its peak earlier this year. The index fell 2.3% as traders fear inflation, already at its highest level in four decades, could be even …

By Nadia Al Faour After more than a decade of civil war, regime-controlled Syria is in a state of economic ruin. Conflict, endemic corruption, drought and the massive migration of skilled workers have taken their toll, leaving the country ripe for exploitation. According to the World Bank, Syria’s gross domestic product fell by at least …

Focus on India — Fuel demand jumped 24% in May; Amazon India seller accuses antitrust agency MUMBAI: India’s fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021 when the world’s third-largest oil consumer was plagued by the second wave of COVID-19. Fuel consumption, an …

With no immediate end in sight to the conflict between Russia and Ukraine, a group of academics and diplomats on Friday painted a grim picture of the continuing impact of the war on the poorest countries and even those whose economies are relatively robust. The discussion was part of the University of the West Indies …

DUBAI: When Lebanese cardiologist Walid Alami, 59, was 19, he volunteered in an emergency operating room and helped dozens of people injured during Lebanon’s 1975-1990 civil war. After a massive explosion tore through the port of Beirut on August 4, 2020, he again found himself in the midst of life-saving emergency action. However, as has …

The Lebanese authorities have declared that the country no longer has the means to continue to welcome the approximately 1.5 million Syrians on its territory and they call on the UN to take its responsibilities. “Lebanon is no longer being able to play policeman for other countries, because we do not receive any help in …

© Reuters. FILE PHOTO: Riot police block protesters and workers’ union members during a protest against the government of Peruvian President Pedro Castillo and rising food and fuel prices, in Lima, Peru, on April 7, 2022. Photo taken with a drone. REUTERS/Daniel Becerri (Reuters) – The war in Ukraine and drought fueled by climate change …

By ALAN SUDERMAN and JIM MUSTIAN – Associated Press The prestigious Brookings Institution placed its president, retired four-star Marine General John Allen, on administrative leave Wednesday as part of a federal investigation into his role in an illegal lobbying campaign on behalf of the wealthy Gulf nation. Persian, Qatar. Brookings’ announcement came a day after …

By FATIMA HUSSEIN – Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chairman Jerome Powell “could have used a better word” than “transitional” to describe the expected run of the inflation in the US economy. She added that she hoped it would soon be on the decline. …

So-called “change MPs,” or lawmakers from the Oct. 17 uprising, on Tuesday imposed elections — rather than the traditional consensus — to choose members of parliamentary committees. The election of members of the finance and justice committees took a long time, the National News Agency said, while President Nabih Berri denounced the lack of “consensus”. …

By BRIAN WITTE – Associated Press OWINGS MILLS, Md. (AP) — Crime, education and the economy were the top issues discussed Monday by eight candidates seeking the Democratic nomination for governor of Maryland in their first wide televised debate. of State. The candidates also took the opportunity during the debate on Maryland’s public television to …

A dispute between Israel and Lebanon over their maritime border has hampered energy exploration in the eastern Mediterranean and risks heightening tensions between two foes. After months of stalemate in US-mediated talks, Beirut on Sunday warned against any activity in the disputed area, reacting to the arrival of a ship to develop a field for …

PA NEW YORK (AP) — Stocks got off to a higher start on Wall Street on Monday, thanks to more gains in big tech companies. The S&P 500 rose 0.8%. The benchmark has just had its eighth losing week in the past nine. The Nasdaq rose 1.2% and the Dow Jones 0.5%. Twitter fell 4% …

By ANNE D’INNOCENZIO and CHRISTOPHER RUGABER – AP Business Writers NEW YORK (AP) — Americans at the bottom of the income scale are again struggling to make ends meet. A confluence of factors — the expiration of federal stimulus checks and soaring inflation on basics like gasoline and food — are driving an even wider …

By Batool Subeiti The 2022 Lebanese elections sealed a victory for Lebanon’s Islamic resistance, similar to the 2006 war, due to the failed US plot. The objective of the 2006 assault was to remove resistance from the military and political equation, to migrate Shiites and to reoccupy southern Lebanon, but the war ended and none …

By Maria Maalouf* The suffering of the Iranian people can no longer be hidden, as thousands of them take to the streets, publicly and courageously, to protest against the inhuman conditions they have long endured. While most political commentators, particularly in the United States, have attempted to portray the most recent protests as a return …

YueStock/Shutterstock.com Currencies without any other commodity backing them are called fiat money. The Euro, Pound, Yen and other major currencies are all considered fiat currencies. From Gold Standard to Fiat In 1971, the United States officially ended the gold standard. Instead of a dollar representing a specified amount of gold, the US dollar is now …

By FABIANO MAISONNAVE – Associated Press RIO DE JANEIRO (AP) — Peru has entered one of the worst political crises in its history and the protection of its Amazon rainforest is failing, according to a report released Thursday. Peru is home to the second largest part of the Amazon rainforest after Brazil. The country had …

Top Story: Economic Development of Lebanon Matthew Gentry, Mayor of Lebanon Is Lebanon about to go from dormitory community to booming city? Many people think so after Eli Lilly and Company announced plans to invest $2.1 billion to build two manufacturing plants and create 500 jobs in Lebanon’s new LEAP Innovation and Research District. Inside …

As the old saying goes, all politics is local. It might seem like a quaint idea in the age of social media and global connectivity. And yet, as a study co-led by an MIT political scientist reveals, it can describe Middle East politics more accurately than many people realize. Specifically, sectarian identity in the Muslim …

As the old saying goes, all politics is local. It might seem like a quaint idea in the age of social media and global connectivity. And yet, as a study co-led by an MIT political scientist reveals, it can describe Middle East politics more accurately than many people realize. Specifically, sectarian identity in the Muslim …

PA NEW YORK (AP) — Stocks got off to a mixed start on Wall Street on Thursday, with weakness in tech companies offsetting gains elsewhere in the market. Microsoft weighed on the tech sector with a 3% loss after it cut its financial forecast for the current quarter, citing unfavorable movements in exchange rates. The …

DOVER, Delaware (AP) — Prosecutors have dismissed criminal bribery charges against Delaware’s state auditor on a legal technicality, but plan to seek a new grand jury indictment next week, court officials said Wednesday. This decision comes after the auditor’s defense attorney Kathy McGuiness pleaded in a Wilmington courtroom On Tuesday the case should be dropped …

In Lebanon, prices for a solar system with batteries range from $3,000 to $13,500, depending on the number of panels and the size of the batteries. Wholesalers and retailers offer solar power systems from 5 amps to 100 amps. The electricity scene in Lebanon is notorious for its long blackouts that leave households, retailers and …

Lebanon’s interim Prime Minister (pm), Najib Mikati, pointed out that the political atmosphere in the country suggests the difficulty of agreeing to quickly form a new government. He felt that most of the talk that has taken place in the last period has focused on the efforts of each political team to display their capabilities. …

Lebanon has just had elections. Its result? Curbing optimism. By David Daoud There is not much to celebrate with the result of the May 15 Lebanese legislative elections. While the results show that an active minority is angry, the low turnout – 41% – in an election described as “decisive” for the future of Lebanon …

By STAN CHOE – AP Business Writer NEW YORK (AP) — U.S. stocks tumble Tuesday as Wall Street nears the end of a tumultuous month, battered by worries about a possible recession, inflation and rising interest rates. The S&P 500 was down 1.1% in early trading. The Dow Jones Industrial Average was down 421 points, …

Lebanese Parliament Speaker Nabih Berri leads a parliamentary session at the UNESCO Palace in Beirut, Lebanon October 28, 2021. REUTERS/Aziz Taher/File Photo Join now for FREE unlimited access to Reuters.com Register BEIRUT, May 31 (Reuters) – Lebanese Shia Muslim politician Nabih Berri was re-elected speaker of parliament on Tuesday, extending his term in a post …