Lebanese Ministry of Information
The Ministry of Health announced on Wednesday that 5 new Coronavirus cases were registered today in Lebanon. This as the total number of cases in Lebanon reached 682 cases so far. LBCI Read More »
Lebanon registers 5 new Coronavirus cases
Top economist: US coronavirus response is like ‘third world’ country
Joseph Stiglitz attacks Donald Trump, saying US on course for second Great Depression Donald Trump’s botched handling of the Covid-19 crisis has left the US looking like a “third world” country and on course for a second Great Depression, one of the world’s leading economists has warned. In a ... Read More »
Lebanon’s Berri: Parliament is Performing Its Role to the Utmost
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 »
Salameh Allows LBP Withdrawals from Bank Accounts Exceeding $5,000
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 »
MPs OK Corruption Law, Bekaa-Beirut Tunnel amid Controversy on Amnesty Law
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 »
PM Diab chairs meeting of ministerial committee tasked with fighting corruption
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 »
New Zealand could pull off bold goal of eliminating virus
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 »
Coronavirus: WHO warns ‘worst yet to come’ and only tiny minority have developed Covid-19 antibodies
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 »
US oil prices fall back below zero amid coronavirus crisis
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 »
Coronavirus crisis could double number of people suffering acute hunger – UN
Report from UN World Food Programme and others warns 265m people are facing acute risk The coronavirus crisis will push more than a quarter of a billion people to the brink of starvation unless swift action is taken to provide food and humanitarian relief to the most at-risk regions, the ... Read More »