The head of Gazprom said Wednesday the Russian gas giant had a challenging year, as the company seeks new markets following international sanctions over Moscow's Ukraine offensive.

Central Bank Governor Riad Salameh on Wednesday said citizens can head to any AMBank branch to carry out Sayrafa currency exchanges at the LBP 38,000 rate should their bank refuse to conduct the transaction.

“The aforementioned bank has agreed to carry out these operations,” Salameh added, in a statement.

European investigators will visit Lebanon next month as part of a probe into the wealth of Central Bank Governor Riad Salameh, a judicial official said.

The long-serving central bank chief, 72, is among top officials widely blamed for Lebanon's unprecedented economic crisis, dubbed one of the worst in modern global history by the World Bank.

A bitter cold descends on snow-topped terraced houses in north London, as Samantha Pierre-Joseph warms her living room with a small whirring fan heater. 

Iraq's premier summoned the central bank governor Tuesday amid worries sparked by a currency drop against the dollar, with lawmakers calling for an extraordinary session of parliament.

World shares advanced Tuesday after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business.

China's National Health Commission said Monday that passengers arriving from abroad will no longer have to observe a quarantine, starting Jan. 8. They will still need a negative virus test within 48 hours of their departure and to wear masks on their flights.

Companies welcomed China's decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday announced restrictions on visitors from the country as infections surge.

The ruling Communist Party's abrupt decision to lift some of the world's strictest anti-virus controls comes as it tries reverse an economic downturn. It has ended curbs that confined millions of people to their homes and sparked protests, but hospitals have been flooded with feverish, wheezing patients as the virus spreads.

The black market dollar exchange rate witnessed a dramatic drop around noon Tuesday after Central Bank Governor Riad Salameh announced that banks will start selling dollars to the public at a Sayrafa platform rate of LBP 38,000.

“Throughout the three-day holidays period, the U.S. dollar exchange rate surged by LBP 2,000 on the parallel market due to speculation operations and the smuggling of dollars to abroad. This hike caused inflation on the markets, which harmed the Lebanese citizen seeing as prices in Lebanon are linked to the dollar exchange rate,” Salameh said in a statement.

Everything from the signboard outside down to the napkins bears the official emblem of the top international coffee chain. But in Baghdad, looks are deceiving: The "Starbucks" in the Iraqi capital is unlicensed.

Real Starbucks merchandise is imported from neighboring countries to stock the three cafes in the city, but all are operating illegally. Starbucks filed a lawsuit in an attempt to shut down the trademark violation, but the case was halted after the owner allegedly threatened lawyers hired by the coffee house.

Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni on Friday for closer economic ties with his oil-rich country suffering from power cuts and decaying infrastructure.

Meloni, who leads the eurozone's third-largest economy, is on her first bilateral trip outside Europe. She is on a pre-Christmas visit to Italian troops posted in Iraq in support of an anti-jihadist mission.