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Hong Kong's COVID Toll Leads Some to Eco-Friendlier Coffins

Hong Kong's deadliest coronavirus outbreak has cost about 6,000 lives this year – and the city is now running out of coffins.

Authorities have scrambled to order more, with the government saying 1,200 coffins had reached the city last week with more to come.

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Protest in India's Capital on 2nd Day of Nationwide Strike

Hundreds of workers marched with the red flags of the labor unions and chanted anti-government slogans in India's capital on Tuesday as part of a two-day nationwide strike that began Monday.

The demonstration was held at Jantar Mantar, an area of New Delhi close to Parliament that is often used for protests. Protesters said economic policies under Prime Minister Narendra Modi's government were hurting workers and the country's vast unorganized sector.

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Saudi Oil Chief Says Energy Security Imperiled by Attacks

Saudi Arabia's oil chief said markets are going through a "jittery period" and reiterated Tuesday that the kingdom's ability to ensure energy security is no longer guaranteed.

Energy Minister Prince Abdulaziz bin Salman said cross-border attacks have put to question "our ability to supply the world with the necessary energy requirements." The attacks have been carried out by Yemen's rebel Houthis, who are supported by Iran.

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Dubai Developer Union Properties Says $42M 'Misappropriated'

A troubled Dubai real estate developer said Monday it suspected that $42 million had been "misappropriated" by the company's former officials while saying it massively overvalued its holdings, declaring nearly $800 million in accumulated losses in recent years.

The announcement by Union Properties comes as Emirati prosecutors announced in October they were investigating the firm. Already, the firm's board of directors has seen its chairmen and other officials dismissed amid the probe.

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Russian Shares Slump as all Trading Resumes

Russian shares have slumped as its stock market resumed trading of all companies after a monthlong halt following the invasion of Ukraine.

The benchmark MOEX index slid 2.2% Monday after the Moscow Exchange reopened for all of its several hundred listed companies, but with restrictions still in place to limit volatility.

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Was It Worth It? F1 Race in Saudi Arabia Raises Questions

When a missile flew into an oil depot close to the track hosting the Saudi Arabian Grand Prix, discussions among Formula One teams and drivers switched from human rights to personal safety.

The big question: Was it safe to remain in Jiddah and compete in the second race of the F1 season after Friday's attack about 11 kilometers (seven miles) away?

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Prosecution Reverses Judge Aoun's Bank Transfers Order

The public prosecution on Monday reversed an order issued by Mt. Lebanon Prosecutor Judge Ghada Aoun that had barred six Lebanese banks from transferring and shipping money out of the country, LBCI TV said.

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BDL Memo Allows Public Sector Workers to Withdraw Salary Unrestrictedly from Banks

Central Bank Governor Riad Salameh issued Monday a decree that allows public sector workers to withdraw their entire salaries from the banks, with no restrictions.

The statement said that all banks must secure the needed liquidity to allow public sector workers to withdraw their entire monthly salaries, additional compensations, social assistance, and payments from their solidarity funds.

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UAE Energy Chief Doubles Down on OPEC Alliance with Russia

The United Arab Emirates' energy minister doubled down Monday on an oil alliance with Russia that's helped buoy crude prices to their highest in years as Moscow's war on Ukraine rattles markets and sends energy and commodity prices soaring.

The minister said Russia, with its 10 million barrels of oil a day, is an important member of the global OPEC+ energy alliance.

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Food, Energy Prices Soar, Pushing Crisis-Hit Lebanon to the Brink

Layal Aswad was already exhausted by Lebanon's devastating two-year economic collapse. Now, as Russia's invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her family of four.

"Even bread is not something we take for granted anymore," said the 48-year-old housewife, standing recently in a supermarket aisle in front of gallons of cooking oil whose prices had risen to an all-time high.

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