Tag: Financial markets
Lebanon reduces fuel subsidies amid gasoline shortages
BEIRUT — Lebanon’s caretaker prime minister on Friday granted his approval for financing fuel imports at a rate higher than the official exchange rate,...
All big banks pass latest Federal Reserve ‘stress tests’
NEW YORK — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday...
Can pandemic recovery plan end Italy’s years of stagnation?
MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...
Supreme Court: Mortgage overseer structure unconstitutional
WASHINGTON — The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
In times of crises, Lebanon’s old must fend for themselves
BEIRUT — Tiny and bowed by age, Marie Orfali makes the trip five times a week from her Beirut apartment to the local church,...
France’s showdown against Portugal at Euro 2020 lacks punch
BUDAPEST, Hungary — France advanced without kicking a ball, and Portugal can move on as well even with a loss on Wednesday.
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Europol: Extremists sought to use pandemic to spread hate
THE HAGUE, Netherlands — Extremists sought to use the global pandemic to “spread hate propaganda and exacerbate mistrust in public institutions” in 2020, the...
Lebanon raises price of bread amid crippling economic crisis
BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...
Goran Pandev to retire from national team after Euro 2020
AMSTERDAM — Goran Pandev is ready to retire from international soccer — again.
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