Lebanon to Allow Students Abroad to Get Dollars from Home
Lebanon to Allow Students Abroad to Get Dollars from Home
The Lebanese parliament has passed a law allowing students abroad to transfer $10,000 out of Lebanon at an official exchange rate far below the street rate, a move to help those struggling to pay foreign fees amid a deep economic crisis. Lebanon's banking system has been paralyzed since last year,…
Asharq Al-Awsat
Asharq Al-Awsat
Lebanon orders 111 towns, villages closed to curb pandemic
Lebanon orders 111 towns, villages closed to curb pandemic
Authorities have ordered a lockdown in more than 100 towns and villages across Lebanon after hundreds of people tested positive for the coronavirus in recent days and amid a shortage in hospital beds
The Independent UK
The Independent UK
Lebanon Orders 111 Towns, Villages Closed to Curb Pandemic
Lebanon Orders 111 Towns, Villages Closed to Curb Pandemic
Authorities on Friday ordered the lockdown of more than 100 towns and villages across Lebanon after hundreds of people tested positive for the coronavirus in recent days and amid a shortage of hospital beds. Outgoing Interior Minister Mohammed Fahmi said in a statement the complete lockdown of 111 towns and…
Asharq Al-Awsat
Asharq Al-Awsat
Haiti's currency is suddenly strong against the dollar. For many, that's disastrous
A sudden and spectacular appreciation in Haiti's national currency, the gourde, is creating havoc across the country as economists try to figure out what's fueling it and skeptical Haitian consumers wonder how long it will last.
Miami Herald
Miami Herald
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Tech shares lead Wall Street up ahead of jobs data, oil prices fall
New York (AFP) - Tech shares led Wall Street higher Thursday as markets weighed mixed economic data and ongoing talks over fiscal stimulus, while oil prices retreated on worries about weak demand.
AFP
AFP
Lebanon's Hospitals on the Brink as COVID Cases Surge
A drastic rise in COVID-19 infections has pushed Lebanon's hospitals to the edge, and experts warn they will soon be unable to cope as the country buckles under a succession of devastating crises. Lebanon's healthcare system was already struggling before several hospitals were badly damaged by a massive explosion at…
Asharq Al-Awsat
Asharq Al-Awsat