House Speaker, Nabih Berri, on Tuesday stressed in his entry during the legislative session held at the UNESCO Palace that the Parliament is carrying out its role and is more active at the legislative and supervisory levels regardless of all claims. “The Parliament is performing its duties and more… Everyone ... Read More »
Central Bank Governor Riad Salameh on Tuesday issued a memo asking banks to allow depositors with foreign currency accounts exceeding $5,000 in value to withdraw their savings in Lebanese pounds at the “market rate,” likely to signify 2,600 pounds to the dollar. He had issued a similar memo in recent ... Read More »
Lebanon’s parliament sat Tuesday in a conference hall in Beirut to allow for social distancing between lawmakers amid the coronavirus pandemic, while outside anti-government protesters demonstrated in a car convoy. As the country struggles with a battered economy, MPs approved a $120 million loan from the World Bank to help ... Read More »
Prime Minister Hassan Diab chaired on Tuesday the meeting of the Ministerial Committee tasked with fighting corruption at the Grand Serail. Discussions tackled the draft laws related to the mechanism of recovery of stolen funds. They also highlighted the importance of requesting the Public Prosecutor at the Court of Cassation ... Read More »
While most countries are working on ways to contain the coronavirus, New Zealand has set itself a much more ambitious goal: eliminating it altogether. Experts believe the country could pull it off. The virus “doesn’t have superpowers,” said Helen Petousis-Harris, a vaccine expert at the University of Auckland. “Once transmission ... Read More »
The World Health Organisation (WHO) has warned “the worst is yet ahead of us” in the coronavirus outbreak, with the vast majority of the public thought to remain at risk from the disease even in countries that are lifting lockdown measures. Tedros Adhanom Ghebreyesus, the organisation’s director-general, said early data indicated ... Read More »
Producers forced to pay buyers to take barrels off their hands due to oversupply of crude US oil markets have fallen back below zero as the coronavirus crisis continues to take a toll on oil demand. The US oil price – which turned negative for the first time in market ... Read More »
For the second day in a row, teams dispatched by the Ministry of Health continued on Tuesday conducting random PCR tests across Lebanon to detect Coronavirus cases. Read More »
Global coronavirus infections surpassed 2.5 million on Tuesday, according to a Reuters tally, with U.S. cases nearing 800,000. The figure includes more than 170,000 deaths, two-thirds of which have been reported in Europe. It took around 75 days for the first 500,000 cases to be reported, and just six days ... Read More »
The World Health Organization warned on Tuesday that any lifting of lockdowns to contain the spread of the novel coronavirus must be gradual, and if restrictions were to be relaxed too soon, there would be a resurgence of infections. Lockdown measures have proved effective, and people must be ready for ... Read More »
Lebanese Ministry of Information