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Tag: Lebanon

Posted on March 12, 2021

Lebanon approves $246 million safety net, but seeks oversight cuts to ease impact

Nearly 150,000 of Lebanon’s poorest families could soon start receiving monthly cash handouts after lawmakers gave approval on Friday to a $246-million …

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Posted on March 12, 2021

Lebanon Bounces Bradley On Last Second Basket

With only a few seconds left and Lebanon trailing by one, she needed to make something happen. So she drove to the elbow and then suddenly stopped her momentum in order to get space for a shot. A few …

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Posted on March 12, 2021

France says Lebanon ‘running out of time before total collapse’

France and the United States hit out at Lebanon’s warring politicians on Thursday, with Paris saying they were failing to help the country as it slid towards “total collapse”. “It’s tempting to say it …

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Posted on March 11, 2021

Lebanon: Insecurity and desperation as crisis worsens

People in Lebanon are increasingly desperate amid the political deadlock, the financial meltdown, rising poverty and COVID-19.

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Posted on March 11, 2021

Lebanon: Insecurity and desperation as crisis worsens

People in Lebanon are increasingly desperate amid the political deadlock, the financial meltdown, rising poverty and COVID-19.

( read original story …)



Posted on March 11, 2021

AM Best Upgrades Issuer Credit Rating of Lebanon Valley Insurance Company

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ ( …

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Posted on March 11, 2021

Oman extends suspension of flights from 10 countries

Oman’s Supreme Committee has decided to extend, till further notice, the suspension of incoming flights from ten countries, which are Sudan, Lebanon, South Africa, Brazil, Nigeria, Tanzania, Ghana, …

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Posted on March 10, 2021

Lebanon’s Debt-Resolution Challenges Continue, One Year On From Default

A year after Lebanon ’s first sovereign default, the situation in the country has deteriorated sharply. Political paralysis, a dramatic decrease in standards of living and the fallout from the …

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Posted on March 10, 2021

Lebanon: Week of protests and unrest as currency falls to record low

Then in January, cash-strapped Lebanon – which hasn’t had a fully functioning government … of dollars could economically cripple consumers, currency exchangers and business owners. “If these …

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Posted on March 9, 2021

Protests, roadblocks persist in Lebanon despite president’s call

Demonstrators kept blocking roadways across Lebanon on Tuesday in protest over the country’s financial meltdown and political deadlock, despite a call by President Michel Aoun for security forces to …

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