Parliament Tuesday approved a draft law that legalizes cannabis cultivation in Lebanon for medical and industrial use, as the country’s hard-hit economy teeters on the brink of collapse. The new legislation aims to regulate cultivation by Lebanese cannabis farmers, whose activities are illegal according to existing Lebanese law. The law ... Read More »
A clinical test of a Covid-19 vaccine in Germany has been approved, according to the country’s Federal Institute for Vaccines. The trial will see 200 healthy participants between the age of 18 and 55 receive several variants of the vaccine, developed by German biotech company BioNTech, as scientists examine its efficacy in providing ... Read More »
Business chiefs expect lengthy period before recovery as CDC chief warns of worse to come during US winter The prospect of a prolonged worldwide impact from the coronavirus pandemic has hardened after business leaders warned of a drawn-out recession and US health chiefs highlighted the prospect of a second wave ... Read More »
The Ministry of Health announced on Wednesday that 5 new Coronavirus cases were registered today in Lebanon. This as the total number of cases in Lebanon reached 682 cases so far. LBCI Read More »
Joseph Stiglitz attacks Donald Trump, saying US on course for second Great Depression Donald Trump’s botched handling of the Covid-19 crisis has left the US looking like a “third world” country and on course for a second Great Depression, one of the world’s leading economists has warned. In a ... Read More »
House Speaker, Nabih Berri, on Tuesday stressed in his entry during the legislative session held at the UNESCO Palace that the Parliament is carrying out its role and is more active at the legislative and supervisory levels regardless of all claims. “The Parliament is performing its duties and more… Everyone ... Read More »
Central Bank Governor Riad Salameh on Tuesday issued a memo asking banks to allow depositors with foreign currency accounts exceeding $5,000 in value to withdraw their savings in Lebanese pounds at the “market rate,” likely to signify 2,600 pounds to the dollar. He had issued a similar memo in recent ... Read More »
Lebanon’s parliament sat Tuesday in a conference hall in Beirut to allow for social distancing between lawmakers amid the coronavirus pandemic, while outside anti-government protesters demonstrated in a car convoy. As the country struggles with a battered economy, MPs approved a $120 million loan from the World Bank to help ... Read More »
Prime Minister Hassan Diab chaired on Tuesday the meeting of the Ministerial Committee tasked with fighting corruption at the Grand Serail. Discussions tackled the draft laws related to the mechanism of recovery of stolen funds. They also highlighted the importance of requesting the Public Prosecutor at the Court of Cassation ... Read More »
While most countries are working on ways to contain the coronavirus, New Zealand has set itself a much more ambitious goal: eliminating it altogether. Experts believe the country could pull it off. The virus “doesn’t have superpowers,” said Helen Petousis-Harris, a vaccine expert at the University of Auckland. “Once transmission ... Read More »
Lebanese Ministry of Information
