Campaigners say repayments have doubled since 2010, leading to public spending cuts Debt repayments by the world’s poorest countries have doubled since 2010 to reach their highest level since just before the internationally organised write-off in 2005, campaigners have warned. The Jubilee Debt Campaign (JDC) said a borrowing spree when ... Read More »
Shi’ite Iran is determined to strengthen its brotherly ties with neighboring Iraq, Iranian President Hassan Rouhani said on Monday before his “historic” first visit to the country, state television said on Monday. The visit is a strong message to the United States and its regional allies that Iran still dominates ... Read More »
Asian shares rise sharply after US president says he will hold a summit with Xi Jinping to conclude an agreement to end trade standoff Shares in Asia have soared after Donald Trump said he would delay an increase in tariffs on Chinese goods, citing “substantial progress” in trade talks with ... Read More »
Two U.S. warships sailed near islands claimed by China in the South China Sea on Monday, a U.S. official told Reuters, a move likely to anger Beijing at a time of tense relations between the world’s two biggest economies. Beijing and Washington are locked in a trade war and the ... Read More »
In his delivered speech at the closing of the Arab Development Summit in Beirut, President of the Republic Michel Aoun affirmed that Lebanon will follow up on its adopted decisions and ensure their proper implementation, in cooperation with the Arab League General Secretariat, in order to secure better social and ... Read More »
Warning comes after year of wildfires, heavy flooding and increasing greenhouse gas emissions The world’s ability to fight climate change and other major risks has dropped to “crisis levels” thanks to rising political and economic tensions, the World Economic Forum has warned. As world leaders and business figures prepare to ... Read More »
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi highlighted the country’s progress in peaceful nuclear technologies and said the country has started taking initial measures to develop a 20%-enriched fuel used for nuclear reactors. “In the nuclear science and industry, we have made so much progress ... Read More »
Mexico will invest more than $30 billion in its poor southern states over the next five years, the foreign minister said on Monday, boosting the region economically as part of efforts to curb migration. Under pressure from the United States, Mexico is grappling to halt the northward flow of migrants ... Read More »
Country to leave cartel in January 2019, but will take part in this week’s meeting Qatar is to pull out of Opec after nearly 60 years of membership of the oil cartel, but will attend a meeting this week that will discuss cutting output. Saad al-Kaabi, the country’s energy minister, ... Read More »
US officials say president will wait 90 days before imposing 25% tariffs to allow negotiations Donald Trump has delayed for 90 days his threatened imposition of 25% tariffs on most Chinese imports after a dinner meeting with Xi Jinping, to give time for negotiations on longstanding trade disputes between the ... Read More »
Lebanese Ministry of Information