Discovery follows tense summer of mysterious attacks on oil tankers and Saudi oil facilities that US blamed on Iran Iran has discovered a new oil field in the country’s south with an estimated 50 billion barrels of crude oil, its president said. The find could boost the country’s proven reserves ... Read More »
2 martyred, 10 injured in hostile attack with missiles on residential building in Mezza, Damascus
Two civilians were martyred and ten others were injured on Tuesday due to the hostile targeting of a residential building in Mezza area in Damascus. A military source said that at 04:14 of Tuesday dawn, November 12, 2019, Israeli warplanes flying over the occupied Galilee fired three missiles towards Damascus ... Read More »
Central Bank Governor Reassures the Lebanese: We Have Taken Measures to Protect Depositors from Any Losses
Lebanese Central Bank Governor, Riad Salameh, pledged Monday that BDL’s (Banque du Liban) main objective is to protect depositors and deposits, underlining that “this is a basic and final matter, and we have taken the necessary procedures so that there will be no losses borne by depositors.” Addressing the Lebanese ... Read More »
Tuesday’s legislative session postponed for security reasons
Speaker Berri announced the decision during a televised news conference on Monday Speaker Nabih Berri announced Monday that the parliamentary session, planned for Tuesday, has been postponed until the 19th for security reasons. The agenda for the meeting, however, will remain unchanged. On a televised TV interview .. he ... Read More »
Russia deploys military helicopters to patrol Syria-Turkey border
Russia has deployed military helicopters to patrol an area near Syria’s border with Turkey in order to help protect Russia military police working on the ground, the Interfax news agency said on Friday. Turkish and Russian forces are holding joint patrols in northeastern Syria to monitor an agreement struck by ... Read More »
World Bank highlights urgent need to stop ’emerging economic crisis’
The World Bank highlighted the urgent need to stop Lebanon’s “emerging economic crisis” in a statement Wednesday, projecting that if the situation continues, poverty in the country could rise to approximately 50 percent. According to regional director Saroj Kumar Jha, the World Bank had earlier projected a “small recession” ... Read More »
Taiwan warns of possible attack if China’s slowdown ‘becomes serious’
Beijing could resort to military conflict with self-ruled Taiwan to divert domestic pressure if a slowdown in the world’s second largest economy amid trade war threatens the legitimacy of the Chinese Communist Party, the island’s foreign minister has said. As Taiwan’s presidential elections approach in January, China has stepped up ... Read More »
Ukraine crisis put on ice by Trump staff busy working out how to buy Greenland
State and defence departments wanted military aid restored, but the Greenland issue ‘took up a lot of energy’, new testimony reveals After the White House cut off military aid to Ukraine, Donald Trump’s top officials scrambled to get it restored but were unable to organise a meeting with the ... Read More »
Iran’s production of enriched uranium rises tenfold in two months
Experts warn of dangerous consequences as nuclear deal continues to unravel Iran has announced a tenfold increase in enriched uranium production as Tehran backs away from its nuclear deal with the west. Ali Akbar Salehi, the head of Iran’s atomic energy organisation, said enriched uranium production was now at ... Read More »
Aoun: Next govt’s 1st task to fight corruption
President Michel Aoun said any new government’s first task will be to follow up on combating corruption, during a meeting Monday with United Nations Special Coordinator for Lebanon Jan Kubis. “The investigation will include all officials in all levels of public administrations,” Aoun said, according to a statement from the ... Read More »