China’s health commission says all of Wednesday’s new cases were recent overseas arrivals, as Australia and New Zealand close borders to foreign arrivals For the first time since the coronavirus outbreak started, China has reported no new domestic transmissions of Covid-19, a major milestone in the country’s fight against the ... Read More »
Finance Minister Ghazi Wazni said the cabinet will likely approve the capital control law during its next meeting, with emphasis on protecting the rights of depositors, al-Joumhouria daily reported on Wednesday. “There is a high possibility that the cabinet is to approve on Thursday the capital control law,” he said, ... Read More »
The new coronavirus will infect half of the global population and have a fatality rate of up to 3%, analysts said Wednesday. “We assume that the virus will infect around 50% of the world population; 20% of the cases will be severe, and 1-3% will result in deaths,” analysts from ... Read More »
The euro area is under pressure once again as the coronavirus outbreak shakes up countries in the bloc and brings historic differences to the fore. The euro zone, in which 19 countries share the same currency, has struggled to grow since the sovereign debt crisis of 2011. At the time, ... Read More »
The World Health Organization is considering “airborne precautions” for medical staff after a new study showed the coronavirus can survive in the air in some settings. The virus is transmitted through droplets, or little bits of liquid, mostly through sneezing or coughing, Dr. Maria Van Kerkhove, head of WHO’s emerging diseases and ... Read More »
Prime Minister Hassan Diab highlighted that the recent coronavirus development tops our priorities, adding that the Government is carrying out its duties to protect the Lebanese without negligence, and working to limit the spread of this virus; and the results are so far positive. He then mentioned that the feedback ... Read More »
Lebanon’s finance minister urged prosecutors to take action against the country’s banks after they defied a government order to maintain “necessary functions” by announcing that they would close until March 29, citing coronavirus. Finance Minister Ghazi Wazni called on prosecutors to “act quickly in light of the Association of ... Read More »
Professor Youssef Fares was just elected a member of the European Academy of Sciences and Arts, based in Austria, to become the first Lebanese doctor to join the academy. He was chosen in recognition of his contributions to the advancement of neurosciences and the development of health care institutions, as ... Read More »
The Ministry of Public Health just released its daily COVID-19 report. It confirmed 11 new cases in the past 24 hours and announced the new total to be 120 coronavirus infections in Lebanon. On Tuesday, the ministry stated: “From February 21st until March 17th, 2020, the total of laboratory-confirmed COVID-19 ... Read More »
The Federal Reserve committed hundreds of billions of dollars to steadying the financial markets. The S&P 500 plummeted nearly 12 percent anyway. Financial markets imploded again on Monday, as increasingly alarmed investors feared that the global economy could experience a downturn rivaling the cataclysmic recession after the financial crisis a ... Read More »
Lebanese Ministry of Information
