Lebanon Must Ration Subsidies before Reserves Run out, Says Finance Minister
Lebanon Must Ration Subsidies before Reserves Run out, Says Finance Minister
Lebanon will run out of money to fund basic imports by the end of May and delays in launching a plan to reduce subsidies are costing $500 million a month, the caretaker finance minister, Ghazi Wazni, said. As Lebanon’s economy crumbles, the central bank has asked the caretaker cabinet to…
Asharq Al-Awsat
Asharq Al-Awsat
Germany to Propose Beirut Port Reconstruction With Strings Attached
Germany to Propose Beirut Port Reconstruction With Strings Attached
Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country's politicians to form a government capable of warding off financial collapse, two sources said, Reuters reported. A chemical explosion at the port last August killed…
Asharq Al-Awsat
Asharq Al-Awsat
Tunisian Police Fire Tear Gas on Protesters in Southern City
Tunisian Police Fire Tear Gas on Protesters in Southern City
Tunisian police fired tear gas on protesters on Tuesday after hundreds tried to storm a government headquarters in the southern city of Tataouine to protest against the government’s failure to provide jobs, witnesses said. Protesters are calling on the government to implement a 2017 deal to create jobs in oil…
Asharq Al-Awsat
Asharq Al-Awsat
Exclusive: Germany to propose Beirut port reconstruction with 'strings attached' - sources
Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country's politicians to form a government capable of warding off financial collapse, two sources said.
Reuters
Reuters
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Germany to propose Beirut port reconstruction with 'strings attached': Report
An EIB spokesman said it was aware of the proposal put forward by the port of Hamburg and its consultancy team for the reconstruction of the port of Beirut and surrounding areas.
Livemint
Livemint
Argentina’s Economy Minister Martín Guzmán Has Election Fever
As the chief executives clapped — it must be noted the Argentine “titans of industry” including Paolo Rocca and Luis Pagani refrained from attending, sending their number twos instead — Guzmán presented his macroeconomic plan aimed at jumpstarting the economy through a five-percentage-point reduc...
Forbes
Forbes