Photo has been used for illustrative purposes.
Hundreds of retired army officers burned tires blocking main highways into Lebanon’s capital on Thursday to protest cuts to their benefits as part of the 2019 draft budget.
Retired Lebanese soldiers blockaded the central bank on Monday to warn the government against curbing their benefits in an escalation of demonstrations and strikes against plans to cut state spending.
As Lebanon sinks lower into financial ruin, foreign banks are cutting ties with the Central Bank, making it difficult for the country to purchase goods and transfer payments from abroad.
The United States Federal Reserve’s tightening of monetary policy through raising interest rates which began in March this year is to continue despite the flat inflation line for July compared to June this year and the suddenly positive job statistics for July. The rest of the world, especially developing economies in Asia,
The Democrats’ long-sought tax and energy legislation finally passed by the Senate is a critical breakthrough in America’s effort to meaningfully reduce greenhouse-gas emissions. That’s the good news. More worrisome is what the bill fails to do to limit fugitive methane from oil and gas production. The legislation would levy
Here’s the best possible spin on the staggering $369 billion in energy and climate handouts included in the Inflation “Reduction” Act: It’s not as bad as last year’s draft. There’s nothing to reduce gasoline and electricity bills. Nothing to increase American energy production. Nothing to spur innovation. Instead, it will increase
The United Arab Emirates President His Highness Sheikh Mohamed Bin Zayed Al Nahyan is a role model for his nation. A visionary leader always leads from the front and makes his nation proud (“UAE President pilots a helicopter in the skies of the emirates,” Aug.12, Gulf Today website). UAE President His Highness Sheikh