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WTO Says 2021 Global Trade Recovery Rests on Vaccines

Global trade is set to grow by eight percent in 2021, the World Trade Organization said Wednesday, stressing that the route out of the Covid-19 crisis rested on the rapid rollout of vaccines.

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Traditional Manousheh Leaves Tables in Poverty-Hit Lebanon

Scattering spinach and hot chili onto fluffy flatbread in Lebanon's capital, 54-year-old Abu Shadi bemoans better times before the economic crisis when all Lebanese could afford his simple meals.

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Saudi Plans Economic Overhaul with $3.2 Trillion Investment

Saudi Arabia announced plans Tuesday to pump investments worth $3.2 trillion into the national economy by 2030, roping in the oil-reliant kingdom's biggest companies in a major new economic diversification push.

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One Virus, One Stuck Ship Spark Global Trade Rethink

A virus visible through only the most powerful microscopes and a huge container ship stuck in the Suez canal visible from space highlight how fragile the "just-in-time" global trade system can be.

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IMF Sees Global Economy Improving despite Uncertainties

Economic growth led by the United States and China is accelerating, amplifying the risks of an uneven global recovery, the head of the IMF said Tuesday.

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'Go Big': Biden to Launch Sweeping Infrastructure Plan

It is a mantra that Joe Biden repeats at every opportunity: "Go big."

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Tripoli Lawyers, Retirees to Benefit from New LibanPost Services

LibanPost has announced that, starting April 1, it will begin providing the Tripoli Bar Association services listed in the memorandums of understanding that have been signed between LibanPost and the Association.

The new services will allow members-lawyers to pay their annual fee, and the retirees, or their representatives, to receive their quarterly allowances.

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Most Markets Rise in Asia on Recovery Optimism, Worries Remain

Most Asian markets extended gains Tuesday following another record on Wall Street though investors remain torn between vaccine-fuelled optimism over the economic outlook and fears over a surge in inflation the recovery is expected to bring with it.

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Oil Prices Ease after Suez Canal Traffic Resumes

World oil prices eased on Monday as traffic resumed on the Suez Canal after a massive container ship blocking the waterway was freed.

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Joy as Megaship Refloated, Suez Canal Traffic Resumes

The MV Ever Given was refloated and the Suez Canal reopened Monday, sparking relief almost a week after the huge container ship got stuck during a sandstorm and blocked a major artery for global trade.

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