A delegation from the World Bank’s private lending arm met Tuesday with Prime Minister Hassan Diab, as the debt-ridden country seeks assistance to rescue its moribund economy. The meeting tackled the possibility of “launching joint cooperation projects between the public and private sectors and the issue of developing the transportation ... Read More »
Fitch Ratings: Lebanon Finances Point to Debt Restructuring
Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to preserve declining foreign currency reserves, Fitch Ratings said Tuesday. The credit rating agency’s report comes as Lebanese officials are debating whether to pay back $1.2 billion worth of Eurobonds that mature on March ... Read More »
Information Minister tackles general situation with Frem
Minister of Information, Dr. Manal Abdel Samad Najd, welcomed on Tuesday in her office at the Ministry MP Neemat Frem, with whom she discussed the Country’s general situation. NNA Read More »
Factbox: Latest on coronavirus spreading in China and beyond
The death toll from the coronavirus in mainland China passed 2,000 on Wednesday, although new cases fell for a second straight day, as authorities tightened containment measures in the worst-hit city of Wuhan. ** China’s National Health Commission reported 1,749 new cases, the lowest daily rise since Jan. 29, bringing ... Read More »
Turkish lira weakest since last May, as tensions rise in Syria
Reuters reports that Turkey’s lira weakened against the dollar on Tuesday to its lowest point in regular trading since last May, as a central bank policy decision loomed and investors fretted over tensions in Syria’s Idlib, where Ankara is bulking up its military. Turkey’s central bank, which has slashed its ... Read More »
The world is failing to ensure children have a ‘liveable planet’, report finds
Children in biggest carbon-emitting nations are healthiest, while those with tiny environmental footprints suffer twofold from poor health and living at the sharp end of the climate crisis Every country in the world is failing to shield children’s health and their futures from intensifying ecological degradation, climate change ... Read More »
Starwatch: close encounter between Mars and the moon
The waning crescent moon can be seen low in the pre-dawn sky passing the red planet and, from North America, blocking Mars from view Early morning skywatchers should look south-east tomorrow to see the waning crescent moon pass close to Mars. The red planet is by no means at ... Read More »
Bees may struggle in winds caused by global warming, study finds
Experiment revealed increased wind speeds reduced the efficiency of their foraging A hardworking honey bee might feel aggrieved to be tricked into a garden shed to feed from a fake flower. Worse, she is blasted by a cheap household fan. And then timed to see how many fake flowers ... Read More »
Japan’s economy on brink of recession after shrinking 6.3% in latest quarter
Tourism industry set to take further hit from coronavirus, adding to impact of higher sales tax and damage from typhoon, experts warn Japan’s economy is on the brink of recession after shrinking dramatically in the final three months of 2019. The world’s third-largest economy contracted 6.3 per cent in ... Read More »
Turkey to arrest 228 for links to cleric in probe of military, ministry: Anadolu
Turkish prosecutors investigating the military and justice ministry on Tuesday ordered the arrest of 228 people over suspected links to the network that Ankara says was behind a 2016 coup attempt, state-owned Anadolu news agency reported. There has been a sustained crackdown on alleged followers of U.S.-based Muslim cleric Fethullah ... Read More »