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Markets Plunge as a Global Recession Appears Almost Inevitable

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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 ...

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Coronavirus: US volunteers test first vaccine

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The first human trial of a vaccine to protect against pandemic coronavirus has started in the US. Four patients received the jab at the Kaiser Permanente research facility in Seattle, Washington, reports the Associated Press news agency. The vaccine cannot cause Covid-19 but contains a harmless genetic code copied from ...

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Wazni Rejects ABL Decision on Closing Banks for 2 Weeks

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Finance Minister Ghazi Wazni on Monday expressed his rejection of a decision by the Association of Banks in Lebanon to close banks until March 29 over the coronavirus crisis, urging the public prosecution to take “swift action.” Accusing ABL of breaching the government’s instructions on keeping banks open despite the ...

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Two New Fully Recovered Coronavirus Patients in Lebanon

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LBCI sources reported that two patients infected with coronavirus (COVID-19) have just fully recovered in Rafik Hariri University Hospital in Beirut. The two recovered coronavirus patients in Lebanon would now be added to the first recovered patient five days ago, making a total of 3 recovered cases, and 3 (COVID-19) ...

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