Lebanon’s banks will not go bankrupt and deposits are secure but the country needs foreign support to pull itself from crisis, central bank Governor Riad Salameh said on Thursday, amid deep financial strains that have shaken confidence in banks. The country is facing an acute dollar shortage and the worst ... Read More »
Speaker Nancy Pelosi said the resolution would send a clear message that the president shouldn’t take further military action against Iran without Congress’ approval. The House adopted a war powers resolution Thursday with the aim of limiting President Donald Trump’s military actions against Iran. The adoption of the measure ... Read More »
A Kiev-bound Ukraine International Airlines Boeing 737 plane crashed after takeoff from Tehran on Wednesday, killing all 176 people on board. The victims include 82 Iranians, 63 Canadians, 11 Ukrainians, 10 Swedes, four Afghans, three Germans and three British nationals, according to Ukraine’s Foreign Minister. The airline also confirmed that ... Read More »
Iran launched missiles at U.S.-led forces in Iraq on Wednesday in retaliation for the U.S. drone strike on an Iranian commander whose killing last week stoked fears of a new Middle East war. Iranian state television said Iran had fired 15 missiles at U.S. targets in Iraq early on Wednesday. ... Read More »
Among the many apocalyptic scenes from the Australian bush fires has been the presence of explosive, towering clouds appearing in the skies above the fire zones of southeastern Australia. These clouds, the most fearsome of which is known as pyrocumulonimbus, or pyroCb for short, are fire-generated thunderstorms. Their presence is ... Read More »
Japan has asked Lebanon for help regarding Carlos Ghosn, a top Japanese official said on Tuesday, calling the former auto executive’s escape to Beirut “regrettable” but stopping short of spelling out what Tokyo was seeking from local authorities. The former Nissan Motor Co Ltd (7201.T) and Renault SA (RENA.PA) chairman ... Read More »
US defence secretary says no decision made to evacuate despite letter to contrary as thousands gather in General Qassem Suleimani’s home town The future of the US military presence in Iraq is in question amid scenes of confusion in Washington, as the Trump administration scrambled to respond to Iraqi ... Read More »
Algeria appointed a new government on Thursday, as the country faces its biggest political crisis in decades and a raft of economic problems caused by falling energy revenues. President Abdelmadjid Tebboune was elected last month and appointed Abdelaziz Djerad as prime minister on Saturday. They have kept several important posts ... Read More »
Iranian Supreme Leader Ayatollah Ali Khamenei said on Friday the assassination of Quds Force chief Qassem Soleimani would double the motivation of the resistance against the United States and Israel, state television reported. “All Enemies should know that the jihad of resistance will continue with a doubled motivation, and a ... Read More »
Carlos Ghosn has spent more than a year trapped in a Japanese legal odyssey that’s transfixed the automotive world and thrown his life into chaos. Now, having pulled off an escape from Japan to Lebanon, he’s an international fugitive. But the executive is also free to speak his mind ... Read More »
Lebanese Ministry of Information