Tag: Financial crisis
Iran says new budget bucks US oil embargo, uses Russian loan
TEHRAN, Iran (AP) - Iran's president said on Sunday his country will depend less on oil revenue next year, in a new budget that...
Iran says new budget bucks US oil embargo, uses Russian loan
TEHRAN, Iran (AP) - Iran's president said on Sunday his country will depend less on oil revenue next year, in a new budget that...
Lebanese central bank slashes interest rates amid crisis
BEIRUT (AP) - Lebanon’s central bank on Wednesday dramatically lowered interest rates on dollar and Lebanese pound deposits and loans - the latest measure...
Lebanon’s outgoing PM backs businessman to replace him
BEIRUT (AP) - Lebanon’s outgoing Prime Minister Saad Hariri said Tuesday he supports the nomination of a prominent contractor to become the next premier,...
UN says half of Zimbabwe’s people face severe hunger
HARARE, Zimbabwe (AP) - About half of Zimbabwe’s population faces severe hunger amid a devastating drought and economic collapse, the United Nations said Tuesday,...
Lebanon pays back $1.5 billion Eurobond amid economic crisis
BEIRUT (AP) - Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns...
In Lebanon, financial collapse and security concerns loom
BEIRUT (AP) - Hundreds of Lebanese women marched across a former front line in the Lebanese capital Wednesday carrying white roses and Lebanese flags...
Merkel says climate change, digitalization top challenges
BERLIN (AP) - Taking the stage exactly 14 years after becoming German chancellor, Angela Merkel has told party faithful in Leipzig she had never...
Lebanese prime minister quits amid anti-government protests
BEIRUT (AP) - Lebanon's prime minister resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged...
AP Explains: What’s next after Lebanon PM resigns
BEIRUT (AP) - The resignation of Prime Minister Saad Hariri on Tuesday meets a key demand of Lebanon's anti-government protesters but will also plunge...
