The euro area is under pressure once again as the coronavirus outbreak shakes up countries in the bloc and brings historic differences to the fore. The euro zone, in which 19 countries share the same currency, has struggled to grow since the sovereign debt crisis of 2011. At the time, ... Read More »
Army Commander meets Abdel Samad
Army Commander, General Joseph Aoun, received at his office in Yarzeh the Minister of Information, Manal Abdel Samad, and discussed with her the ongoing coordination between the Ministry and the Army command. Read More »
MoPH: 133 confirmed coronavirus cases, one death
In its daily report on the novel coronavirus, the Ministry of Public Health indicated Wednesday that the total of laboratory-confirmed cases had reached 133. It added that one death had been recorded. The deceased is a man in his 90s suffering from chronic diseases. Read More »
Imported coronavirus cases in China outpace local infections for fifth day
Imported coronavirus cases in China outnumbered cases of location transmission for the fifth straight day as infected travelers passed through major Chinese transportation hubs in Beijing, Shanghai, Guangzhou and Shenzhen. Mainland China had 13 new confirmed cases of coronavirus infections on Tuesday, the country’s National Health Commission said, down from ... Read More »
Abdel Samad Quoting Diab After Cabinet Session: Coronavirus Tops Our Priorities
Prime Minister Hassan Diab highlighted that the recent coronavirus development tops our priorities, adding that the Government is carrying out its duties to protect the Lebanese without negligence, and working to limit the spread of this virus; and the results are so far positive. He then mentioned that the feedback ... Read More »
Standoff: Lebanon finance minister urges prosecution of banks
Lebanon’s finance minister urged prosecutors to take action against the country’s banks after they defied a government order to maintain “necessary functions” by announcing that they would close until March 29, citing coronavirus. Finance Minister Ghazi Wazni called on prosecutors to “act quickly in light of the Association of ... Read More »
11 New Coronavirus Cases in Lebanon, Total of 120
The Ministry of Public Health just released its daily COVID-19 report. It confirmed 11 new cases in the past 24 hours and announced the new total to be 120 coronavirus infections in Lebanon. On Tuesday, the ministry stated: “From February 21st until March 17th, 2020, the total of laboratory-confirmed COVID-19 ... Read More »
Markets Plunge as a Global Recession Appears Almost Inevitable
The Federal Reserve committed hundreds of billions of dollars to steadying the financial markets. The S&P 500 plummeted nearly 12 percent anyway. Financial markets imploded again on Monday, as increasingly alarmed investors feared that the global economy could experience a downturn rivaling the cataclysmic recession after the financial crisis a ... Read More »
Coronavirus: US volunteers test first vaccine
The first human trial of a vaccine to protect against pandemic coronavirus has started in the US. Four patients received the jab at the Kaiser Permanente research facility in Seattle, Washington, reports the Associated Press news agency. The vaccine cannot cause Covid-19 but contains a harmless genetic code copied from ... Read More »
Coronavirus: EU suspends all non-essential foreign arrivals to halt pandemic spread
All trips between non-European countries and the EU and the Schengen zone suspended for 30 days, Macron confirms The EU is banning the “non-essential” entry of all foreign nationals, in the most dramatic crackdown yet to try to curb the continent’s coronavirus pandemic. Only residents, family members and essential staff ... Read More »