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Exclusive: If Lebanon needs financial aid, France will be there, finance minister says

France is ready to support Lebanon financially - bilaterally or multilaterally - its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region.
Tags: Money, France, Iran, businessNews, Lebanon, Mediterranean


Exclusive: If #Lebanon needs financial aid, France will be there, finmin says - Reuters

Exclusive: If Lebanon needs financial aid, France will be there, finmin says - Reuters:France is ready to support Lebanon financially - bilaterally or multilaterally - its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region.“France always stands ready to help Lebanon. It has always been the case in the past and it will be the case in the future...” Bruno Le Maire told Reuters at the end of ...
Tags: Travel, France, Iran, Lebanon, Mediterranean, Reuters, Lebanon France, Bruno Le Maire, Rupert Neil Bumfrey


#SaudiArabia in touch with other countries on #Lebanon aid - finmin - Reuters

Saudi Arabia in touch with other countries on Lebanon aid - finmin - Reuters:Saudi Arabia is in contact with other countries to coordinate any support for Lebanon based on economic reforms, the kingdom’s finance minister said on Sunday.“The kingdom has been and will remain supportive to Lebanon and the Lebanese people,” Mohammed al-Jadaan told reporters at the end of a meeting of finance officials from the Group of 20 countries. [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Saudi Arabia, Lebanon, Reuters, Rupert Neil Bumfrey, Mohammed al Jadaan


Iran's neighbours impose travel bans as coronavirus toll rises

Iran's confirmed death toll from the new coronavirus rose to eight on Sunday, the highest outside China, sending neighbouring countries scrambling to contain the outbreak. Turkey said it would "temporarily" shut its border with Iran, while Pakistan also said it was closing its frontier with the Islamic republic and Afghanistan banned all ground and air travel between the two nations. Lebanon on Friday confirmed its first case -- a 45-year-old Lebanese woman who had travelled from Qom in Iran -...
Tags: News, China, Israel, Turkey, Iran, Afghanistan, Pakistan, Lebanon, Qom


Iran COVID-19 Death Toll Reaches 8, With 43 Confirmed Infection Cases

(TEHRAN, Iran) — Iran’s health ministry raised the death toll from the new coronavirus to eight Sunday, amid concerns that clusters there as well as in Italy and South Korea could signal a serious new stage in its global spread. There were now 43 confirmed cases of the illness in Iran, health ministry spokesman Kianoush Jahanpour told state TV. That’s a jump from a Saturday’s total of 28 confirmed cases and six fatalities. The outbreak in Iran has centered mostly on the city of Qom, but spr...
Tags: South Korea, News, Saudi Arabia, China, Iraq, Uncategorized, Turkey, Iran, Pakistan, Italy, Mecca, Tehran, Lebanon, Kuwait, Medina, Baluchistan


Teletrade: Hacker Blocker

While you're reading this on your laptop, someone could be watching you. And if you’re reading from your tablet or smartphone, you're not completely safe either. Relax, we're talking about your webcam. But, one second—what if someone is actually watching us from the other side? Wunderman Dubai began here when Teletrade—one of the leading providers of corporate technology solutions in Lebanon—asked them to work on their annual cybersecurity campaign. “That's how we came to addr...
Tags: Facebook, Mark Zuckerberg, Advertising, Lebanon, Wunderman, Wunderman Dubai, Teletrade


#Lebanon Slammed by Double Downgrade as Bond Default Looms - Bloomberg

Lebanon Slammed by Double Downgrade as Bond Default Looms - Bloomberg:Lebanon was downgraded deeper into junk by two of the three biggest credit rating companies Friday as the nation’s bondholders brace for a potential default next month.S&P Global Ratings cut the country’s long-term foreign currency rating to CC, following a similar reduction by Moody’s Investors Service to Ca earlier in the day. That puts Lebanon’s rating below the likes of Argentina, Mozambique and the Democratic Republic of ...
Tags: Travel, World Bank, Lebanon, Democratic Republic Of Congo, Rupert Neil Bumfrey, Moody 's Investors Service, Argentina Mozambique, Zahabia Gupta, Bond Default Looms Bloomberg


#Lebanon Slammed by Double Downgrade as Investors Warn of Default - Bloomberg

Lebanon Slammed by Double Downgrade as Investors Warn of Default - Bloomberg:Lebanon was downgraded deeper into junk territory by two of the three biggest credit rating companies Friday as the nation’s bondholders brace for a potential default next month.S&P Global Ratings cut the country’s long-term foreign currency rating to CC, following a similar reduction by Moody’s Investors Service to Ca earlier in the day. That puts Lebanon among the likes of Argentina, Mozambique and the Democratic Repu...
Tags: Travel, World Bank, Lebanon, Democratic Republic Of Congo, Rupert Neil Bumfrey, Moody 's Investors Service, Investors Warn of Default Bloomberg, Argentina Mozambique, Zahabia Gupta


Cases of the coronavirus are spiking outside of China and the World Health Organization warned 'the window of opportunity is narrowing' to contain it

The World Health Organization warned that "the window of opportunity is narrowing" to contain the deadly coronavirus. His comments came as cases surge in South Korea and the country admitted it failed to stop the virus coming into the country. It now says it is trying to contain the virus. South Korea now has more than 430 cases compared to 156 on Friday, while Iran reported four deaths and countries like Israel and Lebannon are reporting their first cases. Chinese researchers have also confir...
Tags: South Korea, China, Israel, US, America, Trends, Iran, Cnn, Italy, World Health Organization, Lebanon, Wuhan, Daegu, Middle East Africa, China South Korea, Australia China


Coronavirus: window of containment 'narrowing' after Iran deaths, WHO warns

Virus is spreading in Middle East, with confirmed cases in Lebanon and IsraelFour Iranians have died after contracting the coronavirus, with health authorities warning the virus has spread to multiple cities, while Israel and Lebanon declared their first domestic cases as the deadly epidemic spreads across the Middle East.Asked on Friday if the new cases put the crisis at a tipping point, the World Health Organization director general, Tedros Adhanom Ghebreyesus, said the “window of opportunity ...
Tags: Europe, Israel, World news, Iran, Ukraine, Middle East and North Africa, Infectious Diseases, Italy, Middle East, Who, World Health Organization, Lebanon, Middle East Asked, Tedros Adhanom Ghebreyesus, Giuseppe Conte, Coronavirus outbreak


World must act fast to contain coronavirus: WHO's Tedros

GENEVA/LONDON (Reuters) - The window of opportunity to contain wider international spread of the epidemic of the new coronavirus disease is closing, the World Health Organization (WHO) warned on Friday, after cases were reported in Iran and Lebanon. Tedros Adhanom Ghebreyesus, WHO director-general, asked whether the outbreak is at a "tipping point" after new cases and deaths in Iran from COVID-19, and cases in Lebanon and Canada, said that he still believed the virus spread could be stopped. "...
Tags: News, Iran, Canada, Lebanon, Reuters, World Health Organization WHO, GENEVA LONDON, Lebanon Tedros Adhanom Ghebreyesus WHO


Trump makes Richard Grenell first openly gay cabinet secretary in history

Richard Grenell and President Donald Trump (Photo: @RichardGrenell | Twitter) Donald Trump is appointing Richard Grenell, US ambassador to Germany since 2018, to the position of acting Director of National Intelligence. The President tweeted the news last night, saying, “I am pleased to announce that our highly respected Ambassador to Germany, @RichardGrenell, will become the Acting Director of National Intelligence. Rick has represented our Country exceedingly well and I look forward to work...
Tags: Florida, Politics, Hollywood, Senate, Germany, US, Lifestyle, Intelligence, Cia, Donald Trump, Lebanon, Ad Friendly, Queerty, Trump, Mark Warner, Mike Pence


Trump makes Richard Grenell first openly gay cabinet member in history

Richard Grenell and President Donald Trump (Photo: @RichardGrenell | Twitter) Donald Trump is appointing Richard Grenell, US ambassador to Germany since 2018, to the position of acting Director of National Intelligence. The President tweeted the news last night, saying, “I am pleased to announce that our highly respected Ambassador to Germany, @RichardGrenell, will become the Acting Director of National Intelligence. Rick has represented our Country exceedingly well and I look forward to work...
Tags: Florida, Politics, Hollywood, Senate, Germany, US, Lifestyle, Intelligence, Cia, Donald Trump, Lebanon, Ad Friendly, Queerty, Trump, Mark Warner, Mike Pence


IMF begins visit as Lebanon grapples with financial crisis

A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country's crippling financial and economic crisis.
Tags: Money, businessNews, Lebanon, Imf, International Monetary Fund IMF


Solo Female Travel in Turkey — Is Turkey Safe?

Is it safe for a woman to travel alone in Turkey? With the right preparation and research, absolutely. While I’ve done a lot of solo female travel in Turkey, I’m not an expert — that’s my friend Katie Nadworny, who has been living in Istanbul since 2013 and has traveled Turkey more extensively than anyone I’ve ever met. I love Turkey. The jagged landscapes, the steam-filled hamams, the warm hospitality, the blue Mediterranean, the endless tulip-shaped cups of tea. I wish more people realized ...
Tags: Asia, Europe, Usa, Isis, Australia, Mexico, France, Boston, Iraq, Nigeria, Israel, US, Blog, Turkey, Iran, Syria


#Lebanon’s Yields Hit 1,000% as Government Calls in Bond Advisers - Bloomberg

Lebanon’s Yields Hit 1,000% as Government Calls in Bond Advisers - Bloomberg:A bond yield soars to more than 1,000%? It just happened with Lebanon.The nation’s next maturing Eurobond, $1.2 billion of notes due on March 9, fell to a record low of 60 cents on Wednesday, sending the annualized yield to 1,290%.What’s the latest?The Beirut-based Al-Akhbar newspaper reported Wednesday that the Lebanese government will formally ask financial and legal advisers how it should handle its Eurobonds, with a...
Tags: Travel, Bloomberg, International Monetary Fund, Beirut, Lebanon, Al Akhbar, JPMorgan Chase Co, Rupert Neil Bumfrey, Gerry Rice, Citigroup Inc Rothschild Co


After Suleimani: Iran's scramble to recover from general's death

Loss of revered Quds Force commander and his aides has derailed country’s momentum in regionIn the early hours of 3 January, Iraq’s prime minister, Adel Abdul Mahdi, frantically phoned his advisers. “Something big has happened,” he said, summoning them to a meeting in his office. “You need to come now.”Like their boss, the advisers had heard the boom of the explosions that crunched into the airport road just after 1am, and their phones had been ringing incessantly. Each call had brought the unth...
Tags: Iraq, Israel, World news, Iran, Syria, Middle East and North Africa, Middle East, Lebanon, Hezbollah, Saddam Hussein, Adel Abdul Mahdi, Quds Force, Qassem Suleimani, Suleimani


Funding 21 news projects in the Middle East, Africa and Turkey

Finding new and meaningful ways to engage readers is a hot topic for news organizations of any size, and the first Google News Initiative (GNI) Innovation Challenge for the Middle East, Turkey and Africa prompted a myriad of different approaches. The GNI Innovation Challenges,  part of Google’s $300 million commitment to help journalism thrive in the digital age, saw news innovators step forward with new thinking. In South Africa, Daily Maverick proposed a “relevancy engine” that would aggregate...
Tags: Google, News, Iraq, Nigeria, Africa, Turkey, South Africa, Jordan, Lebanon, Uae, Middle East Africa, Middle East Turkey, Jour, Israel Hayom, Google in Africa, Google News Initiative


Lebanese national carrier to only accept US dollars

Crisis-hit Lebanon's national carrier will only accept payments in US dollars from Monday, according to state media. Lebanon is in the throes of an economic meltdown and a biting liquidity crunch that has seen the local currency depreciate on the parallel market and banks impose stringent controls on withdrawals and transfers abroad. "From Monday, Middle East (Airlines) and other airline companies operating in Lebanon will only accept payments in US dollars," the official National News Agency ...
Tags: News, US, Lebanon, Middle East Airlines, National News Agency NNA


UPDATE 1- #Lebanon may need 70% debt write off, 50% currency drop, say economists - Reuters

UPDATE 1-Lebanon may need 70% debt write off, 50% currency drop, say economists - Reuters:Lebanon’s bond holders may have to write off 70% of their investments and the value of the country’s currency might be cut in half in an International Monetary Fund rescue, analysts crunching the numbers on its debt woes estimate.Lebanon formally requested the IMF’s technical help on Wednesday as it tries to avoid a full-blown economic collapse. Whether that turns into a formal bailout remains to be seen, b...
Tags: Travel, International Monetary Fund, Lebanon, Imf, Reuters, Capital Economics, Jason Tuvey, Rupert Neil Bumfrey


#Lebanon weighs defaulting or paying Eurobond next month

Lebanon weighs defaulting or paying Eurobond next month:Lebanon’s finance minister said Thursday the country’s new government is weighing whether to pay or default on its $1.2 billion Eurobond maturing next month, amid an economic crisis that has sparked months of unrest.Lebanon is facing a deepening liquidity crunch and a soaring public debt. Lebanese banks raised interests rates in a bid to attract foreign investments — but now the influx of foreign currencies has dried up and the Central Bank...
Tags: Travel, Lebanon, Cabinet, Central Bank, Rupert Neil Bumfrey, Ghazi Wazni


Distressed-Debt Funds Team Up as Lebanon Bonds Plunge to Records

(Bloomberg) -- Lebanon’s foreign debt sank to a record low as speculation mounted that the government may not repay a $1.2 billion Eurobond due in less than a month.Investors are pondering what shape a default might take, with the crisis-ridden nation’s government wrangling over whether to continue servicing its liabilities. Distressed-debt investor Greylock Capital Management and Switzerland-based Mangart Capital Advisors announced they and other bondholders had formed a group to talk to the go...
Tags: New York, News, Bloomberg, Dubai, Switzerland, Argentina, International Monetary Fund, Lebanon, Imf, Greylock, Franklin Templeton, Mohieddine Kronfol, Lebanese Republic, Hans Humes, Greylock Capital Management, Kronfol


Distressed-Debt Funds Team Up as #Lebanon Bonds Plunge to Records - Bloomberg

Distressed-Debt Funds Team Up as Lebanon Bonds Plunge to Records - Bloomberg:Lebanon’s foreign debt sank to a record low as speculation mounted that the government may not repay a $1.2 billion Eurobond due in less than a month.Investors are pondering the possible shape a default might take, with the crisis-ridden nation’s government wrangling over whether to continue servicing its debts. Distressed-debt investor Greylock Capital Management and Lugano-based Mangart Capital Advisors announced they...
Tags: Travel, New York, Lebanon, Greylock, Lugano, Rupert Neil Bumfrey, Lebanese Republic, Hans Humes, Greylock Capital Management, Lebanon Bonds Plunge to Records Bloomberg, Mangart Capital Advisors, London Lebanon


CBP Commissioner: U.S. Border Officers ‘Overzealous’ In Detaining Iranian Nationals, Iranian-American Citizens

At least 200 travelers of Iranian descent were detained at the U.S.-Canada border in January, after the U.S. ordered a drone strike that killed one of the country’s top generals, prompting retaliation with an attack on a U.S. military base. Now, the acting commissioner of U.S. Customs and Border Protection (CBP) says border officers “got a little overzealous” in their approach. Over Jan. 5-6, up to 200 Iranian and Iranian-American people coming to Washington state from Canada were detained ...
Tags: News, Washington, Immigration, Uncategorized, Iran, Ap, Canada, New York Times, Associated Press, CBP, Seattle, Lebanon, Crystal, Morgan, U S Customs, CAIR


Nissan launches $90m lawsuit against former chairman Carlos Ghosn

Japanese carmaker seeking damages for ‘corrupt’ actions by ex-boss who fled to LebanonNissan is suing Carlos Ghosn for $90m (£70m), stepping up the legal battle against its former chairman after his arrest and dramatic flight from Tokyo to Lebanon.The Japanese carmaker said it was seeking to recover costs from Ghosn’s “corrupt” actions, including the personal use of private jets, using residential property without paying rent and making payments to his sister and personal lawyer using company ac...
Tags: Business, Japan, World news, Asia Pacific, Middle East and North Africa, Tokyo, Automotive Industry, Nissan, Lebanon, Renault, Ghosn, Carlos Ghosn


Lebanon names new cabinet ahead of clashes and crisis.

Lebanon (MNN) – On Tuesday, with the confidence vote looming in Parliament, the rubble of protest littered the streets of Lebanon. After months of protest, of demands to remove the government and start anew, it seemed like the nomination of Prime Minister Hassan Diab and a new Cabinet would be a step in the right direction.  However, Nuna of Triumphant Mercy-Lebanon says, "There are many protests on the street. Many people don't want this Cabinet, this new government, so it's a bit violent." ...
Tags: Parliament, Lebanon, Christ, Cabinet, Nuna, Hassan Diab, Patrice Bon Wikipedia CC, Triumphant Mercy Lebanon Nuna


Lebanon Eurobonds: Weighs IMF Help on $1.2 Billion Payment - Bloomberg

Lebanon Eurobonds: Weighs IMF Help on $1.2 Billion Payment - Bloomberg:Lebanon needs the help of the International Monetary Fund to draft a rescue plan and decide whether to repay its $1.2 billion Eurobond maturing next month, a local newspaper cited a veteran politician and member of the ruling coalition as saying. With the country facing its worst financial crisis in decades after months of protests, parliament Speaker Nabih Berri said Lebanon should form a task force comprising the premier, m...
Tags: Travel, Bloomberg, International Monetary Fund, Lebanon, Imf, Berri, Nabih Berri, Rupert Neil Bumfrey


Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include BECO Capital, Silicon Badia, Vostok New Ventures, Crescent Enterprises’ CE-Ventures and Endeavour Catalyst. Prior to this fund-raise, the company had ra...
Tags: Travel, TC, Uber, Europe, Saudi Arabia, Africa, US, Chief executive officer, Ceo, Egypt, Healthcare, Middle East, Healthcare Industry, Jordan, Lebanon, Director


Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites

The worst is yet to come for Lebanon's banks.
Tags: Money, businessNews, Lebanon


In New Hampshire, Democratic Voters Are Paralyzed by Fear of Making the Wrong Choice

This is the room that scares the crap out of the Democratic establishment: a college gymnasium in Keene, N.H., packed to the rafters with nearly 2,000 Bernie Sanders fans joyfully noodle-dancing to a Vermont-based jam band playing a raucous cover of the Talking Heads song “Burning Down the House.” A little while later, Sanders takes the stage, accompanied by his wife, three children and two grandchildren. “Thank you, Twiddle!” he says. Then he stops to reflect on how far he’s come since his...
Tags: New York, News, Washington, Senate, Boston, Massachusetts, Uncategorized, Elizabeth Warren, America, Joe Biden, Iran, Nasa, United States, New Hampshire, House, Iowa