Tag: Financial crisis
Biden to urge G-7 leaders to call out, compete with China
CARBIS BAY, England — The United States plans to push democratic allies on Saturday to publicly call out China for forced labor practices as...
Lebanese hospitals warn of dangerous shortages in supplies
BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...
In Lebanon, a search for medicine and a stranger’s help
To all the struggles of life in Lebanon — the pandemic, the power outages, the inflation, the punishing financial and political crises — add...
Lebanon grants limited access to bank deposits amid crisis
BEIRUT — Lebanon’s central bank said Tuesday that depositors will be allowed to withdraw limited monthly amounts from their foreign currency accounts, nearly 20...
Daughter of imprisoned ex-president leads Peru’s election
LIMA, Peru — The daughter of an imprisoned former president was leading the race for Peru’s presidency late Sunday, hours after polls closed in...
France opens graft probe into Lebanon’s central bank chief
PARIS — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central bank governor involving potential money...
Bosch opens $1.2B semiconductor factory in eastern Germany
BERLIN — German technology company Bosch on Monday opened a 1 billion euro ($1.2 billion) chip factory in the eastern city of Dresden to...
Peruvian voters face choice between 2 polarizing populists
LIMA, Peru — Peruvian voters will choose between two polarizing populist candidates Sunday in a presidential runoff held as the coronavirus pandemic continues to...
Biden rebuffs GOP infrastructure offer, citing broader goals
WASHINGTON — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to...
UN says pandemic created an `unparalleled’ employment crisis
UNITED NATIONS — The COVID-19 pandemic has created an “unparalleled” global labor market crisis that will affect the employment market for years, the International...