IMF

Lebanon central bank official probed over currency crash
Middle East

Lebanon central bank official probed over currency crash

BEIRUT (AP) — Lebanon’s financial prosecutor questioned a top central bank manager Friday over the country’s financial crisis, which has…
Hezbollah deems Lebanese government rescue plan an ‘important step’ forward
Middle East

Hezbollah deems Lebanese government rescue plan an ‘important step’ forward

BEIRUT (Reuters) — Hezbollah’s leader hailed the Lebanese government’s crisis plan as an “important step” on Monday and warned the…
Lebanon banks reject rescue plan as government asks IMF for help
Middle East

Lebanon banks reject rescue plan as government asks IMF for help

BEIRUT/LONDON (Reuters) – An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund…
South Africa starts easing coronavirus lockdown
World

South Africa starts easing coronavirus lockdown

South Africa began to gradually ease its strict coronavirus lockdown on Friday, allowing some industries to reopen after five weeks…
Jordan eases coronavirus curfew and reopens more businesses
Middle East

Jordan eases coronavirus curfew and reopens more businesses

AMMAN (Reuters) — Jordan on Monday eased restrictions on movement aimed at containing the spread of the coronavirus and allowed…
Coronavirus shakes Saudi state’s foundations
Middle East

Coronavirus shakes Saudi state’s foundations

More than elsewhere, the coronavirus outbreak has put Saudi Arabia’s vision for the future in jeopardy. The collapse in oil…
Lockdown tensions grow as people seek to resume work or play
World

Lockdown tensions grow as people seek to resume work or play

WASHINGTON (AP) — The coronavirus is touching all levels of society and increasing tensions as governments start to ease restrictions…
Saudi Arabia faces coronavirus crisis with strong reserves, low debt-minister
Economy

Saudi Arabia faces coronavirus crisis with strong reserves, low debt-minister

CAIRO (Reuters) — Saudi Arabia is facing the global crisis from a position of strength, given its strong financial position…
Poorer countries face big risks in easing virus restrictions
World

Poorer countries face big risks in easing virus restrictions

BEIRUT (AP) — As some wealthier Western nations begin easing coronavirus restrictions, many developing countries, particularly in the Middle East…
IMF predicts global recession, forecast for Egypt is positive
Business

IMF predicts global recession, forecast for Egypt is positive

The International Monetary Fund on Tuesday significantly reduced its expectations for global economic growth, anticipating a global recession amid the…
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