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Tag: Lebanon

Posted on December 3, 2020

France and UN Rally Aid for Lebanon, Urge Political Reforms

France and the United Nations have vowed to keep providing humanitarian aid to the Lebanese people but urged the country’s leaders to form a new government as a political deadlock has blocked billions …

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Posted on December 3, 2020

UN, France urge Lebanon to form new government amid pledges of aid

France and the United Nations vowed Wednesday to keep providing humanitarian aid to Lebanon but urged the country’s leaders to form a new government as a political deadlock in Beirut has blocked …

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Posted on December 3, 2020

U.S. Fears Syria’s Assad Meddling in Fragile Lebanon

U.S. Fears Syria’s Assad Meddling in Fragile… The Trump administration is worried that Syria’s Bashar al-Assad regime is working to undermine neighboring Lebanon by driving up exchange rates for its …

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Posted on December 2, 2020

As Lebanon’s central bank audit crumbles, the worst is yet to come

Lebanon’s controversial central bank forensic audit fell apart last week, signaling that the worst may be ahead for the crisis-stricken country. Alvarez & Marsal, the company contracted by the …

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Posted on December 2, 2020

France looks to rally aid for Lebanon, but no bailout

France is hosting an international video conference on humanitarian aid for Lebanon Wednesday, amid political deadlock in Beirut that has blocked billions of dollars in …

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Posted on December 2, 2020

No global financial support for Lebanon until government in place – French presidency

France’s presidency said on Wednesday that there would be no international financial support for Lebanon until there was a government in place and warned that an audit of the central bank was more …

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Posted on December 2, 2020

‘Deliberate depression’: World Bank’s dire warning on Lebanon

Lebanon has been ravaged this year by an economic and financial crisis, the COVID-19 pandemic, and a deadly explosion at the Port of Beirut. Now, economists at the World Bank are warning that things …

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Posted on December 2, 2020

‘Lifeline’ aid to Palestinian refugees in Lebanon running out

Palestinian refugees in Lebanon are at risk of losing their only source of survival as the United Nations agency that has been supporting them since its creation in 1949 is running out of cash.

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Posted on December 2, 2020

US clears weapon sales for Saudi Arabia, Lebanon, Croatia, Canada, Brazil and South Korea

The six cases, spread across South Korea, Saudi Arabia, Brazil, Croatia, Lebanon and Canada, were announced on the website of the Defense Security Cooperation Agency. DSCA announcements mean that the …

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Posted on December 1, 2020

Senior Lebanon banker warns of ‘catastrophe’ amid US sanctions claim

Banking official says damage to Lebanon economy would be ‘beyond imagination’ if US imposes sanctions on central bank …

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