Italy ordered a virtual lockdown across much of its wealthy north, including the financial capital Milan, in a drastic new attempt to try to contain a outbreak of coronavirus that saw the number of deaths leap again sharply on Sunday. The unprecedented restrictions, which aim to limit gatherings and curb ... Read More »
Chinese President Xi Jinping visited Wuhan, the epicenter of the coronavirus outbreak, on Tuesday, the first time he has done so since the epidemic began and a sign that Beijing believes its efforts to control the virus are working. His arrival in the city, where the virus is believed to ... Read More »
The number of people infected with the coronavirus topped 114,000 across the world as the outbreak spread to more countries, causing greater economic damage. DEATHS/INFECTIONS – More than 114,300 people have been infected by the coronavirus globally and over 4,000 have died, according to a Reuters tally of government ... Read More »
North Korea launched multiple short-range projectiles into the sea on Monday as part of ongoing firing drills, a week after it resumed missile tests following a three-month break, South Korea’s military said. The projectiles included artillery fired from a multiple launch rocket system (MLRS) and flew up to 200 kms ... Read More »
Turkish President Tayyip Erdogan urged Greece on Sunday to “open your gates” to refugees trying to enter the European Union from Turkey and said he hoped to win more help from the EU at talks on Monday. Tens of thousands of migrants have been trying to get into Greece, an ... Read More »
Financial markets around the world crashed Monday and a swathe of northern Italy was sealed off as authorities struggled to contain the spread and impact of the deadly coronavirus. An area home to a quarter of Italy’s population was effectively shuttered — including Milan and Venice — mimicking a lockdown ... Read More »
Equity markets collapsed Monday as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering and wiping hundreds of billions off valuations. As the deadly disease claims more lives around the world, dealers are ... Read More »
Lebanon said Saturday it would default on its Eurobond debt for the first time and seek out restructuring agreements due to a spiralling financial crisis that has hit foreign currency reserves. The country, hit by a severe liquidity crunch and months of anti-establishment protests, was due on Monday to repay ... Read More »
United Nations Special Coordinator for Lebanon Jan Kubis said on Sunday that “the honest statement of Prime Minister Hassan Diab about the failure of the previous economic model opens the way out of the crisis.” “I encourage creditors to work with the government to avoid disorderly default following the suspension ... Read More »
The management of Hotel-Dieu de France Hospital in Beirut recorded a coronavirus case and issued the following statement on their official Facebook page, Sunday, March 8th: “We received a patient who, after the necessary medical examination, was confirmed to be infected with the coronavirus.” “The patient was transferred directly from ... Read More »
Lebanese Ministry of Information