Turkish President Tayyip Erdogan urged Greece on Sunday to “open your gates” to refugees trying to enter the European Union from Turkey and said he hoped to win more help from the EU at talks on Monday. Tens of thousands of migrants have been trying to get into Greece, an ...
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Markets plunge, Italy locked down as virus spreads
Financial markets around the world crashed Monday and a swathe of northern Italy was sealed off as authorities struggled to contain the spread and impact of the deadly coronavirus. An area home to a quarter of Italy’s population was effectively shuttered — including Milan and Venice — mimicking a lockdown ...
Read More »Asian markets collapse as oil prices crash, virus spreads
Equity markets collapsed Monday as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering and wiping hundreds of billions off valuations. As the deadly disease claims more lives around the world, dealers are ...
Read More »Lebanon says to default on eurobonds as financial crisis intensifies
Lebanon said Saturday it would default on its Eurobond debt for the first time and seek out restructuring agreements due to a spiralling financial crisis that has hit foreign currency reserves. The country, hit by a severe liquidity crunch and months of anti-establishment protests, was due on Monday to repay ...
Read More »Breaking: 1 New Confirmed Coronavirus Case in Lebanon, Total of 33
The management of Hotel-Dieu de France Hospital in Beirut recorded a coronavirus case and issued the following statement on their official Facebook page, Sunday, March 8th: “We received a patient who, after the necessary medical examination, was confirmed to be infected with the coronavirus.” “The patient was transferred directly from ...
Read More »Coronavirus cases surpass 100,000 worldwide while US deaths top 14
COVID-19 cases surpassed 100,000 worldwide on Friday as the new flu-like coronavirus continues to spread outside of China, the epicenter of the outbreak. The total number of cases now stands at 100,055 as of 8 a.m. ET on Friday, according to data compiled by John Hopkins. The majority of the ...
Read More »Information Minister, UK Ambassador broach local developments
Information Minister, Manal Abdel Samad, on Friday welcomed at her ministerial office British Ambassador to Lebanon, Chris Rampling, with whom she discussed the country’s general situation, as well as some media-related issues. “It’s a pleasure to have met Her Excellency, the Minister; it is the first time I get the ...
Read More »Oueidat suspends order to freeze assets of 21 banks
State Prosecutor Ghassan Oueidat suspended Thursday an order to freeze the assets of 21 Lebanese banks, warning it would plunge the country and its financial sector into chaos. Oueidat said international financial authorities had intended to halt dealings with Lebanese banks, without giving further details. Earlier Thursday, a judge stunned ...
Read More »Nasa shares picture of unusual hole in Mars that could ‘contain Martian life’
Nasa has shared a picture of an “unusual” hole in the Martian surface that could serve as a home for life. The hole appears to be the entrance to a larger underground cavern, which can be seen a little in the image and could serve as protection The image was ...
Read More »Brawl breaks out in Turkey’s parliament over Syria involvement, Erdogan meets with Putin
A shoving match erupted inside Turkey’s parliament Wednesday over the country’s continued involvement in northwest Syria. Video from inside the chambers showed dozens of legislators from President Recep Tayyip Erdogan’s party and the main opposition party throwing punches at each other while others tried to pry the brawling lawmakers apart. ...
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Lebanese Ministry of Information