The World Bank says Lebanon’s economy faces an “arduous and prolonged depression,” with real GPD projected to plunge by nearly 20% because its politicians refuse to implement reforms. ( read original story ...)
China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China's economy boosted the fastest increase in employment since May 2011, IHS Markit's survey showed. ( read original story ...)
China’s factory activity growth hits decade high in November as economy recovers, private survey finds
The reading was the highest since November 2010, and comes after an official gauge of factory activity rose at the fastest pace in over three years. ( read original story ...)
Lebanon Economic Monitor, Fall 2020 : The Deliberate Depression
Real GDP growth is projected to sharply decelerate to –19.2 percent in 2020, on the back of a –6.7 percent contraction in 2019. The report presents one approach to designing a comprehensive reform ... ( read original story ...)
Lebanon Plunged Into ‘Deliberate Depression’: World Bank
Lebanon's economy is sinking into a "deliberate depression", the World Bank said Tuesday in a damning report stressing the authorities' failure to tackle the crisis. The fall 2020 edition of the ... ( read original story ...)
West Bank sees Lebanon in prolonged depression, – 19.2% growth in 2020
Lebanon is suffering from an arduous and prolonged depression, the World Bank said on Tuesday, criticising authorities for "a deliberate lack of effective policy action" and projecting that real ... ( read original story ...)
Lebanon: Govt Stuck Between Crisis, Bassil’s Call for ‘Clear Standards’
Speaker Nabih Berri meets with US Ambassador to Lebanon Dorothy Shea (NNA) The process of forming a new government in Lebanon has not seen any improvement that would revive the talks between President ... ( read original story ...)
2,430 people isolated over COVID-19 concerns in Laos
Sisavath Soutthaniraxay, Deputy Director General of the Department of Communicable Diseases Control under Lao Ministry of Health, told a press conference in Lao capital Vientiane on Tuesday that 2,430 ... ( read original story ...)
Tajikistan looks to partner with UK universities
The government of Tajikistan is looking to promote partnerships between its universities and institutions in the UK, delegates at an online webinar exploring the Tajik international student market ... ( read original story ...)
Azerbaijan fully reclaims lands around Nagorno-Karabakh
Azerbaijan has completed the return of territory ceded by Armenia under a Russia-brokered peace deal that ended six weeks of fierce fighting over Nagorno-Karabakh ... ( read original story ...)