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Judge Nicolas Mansour adjourns Salameh's session to June

Judge Nicolas Mansour adjourned on Thursday the interrogation session of Central Bank Governor Riad Salameh's to June.

Salameh's lawyer filed in a session today, that was held in Salameh's absence, preliminary defenses before Mansour.

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Iran slams new U.S. sanctions as sign of 'ill will'

Iran on Thursday criticized a decision by the United States to impose new sanctions on the Islamic republic, saying it shows the Americans have bad intentions towards its people.

The U.S. Treasury announced on Wednesday the newly imposed sanctions targeting several entities it accused of involvement in procuring supplies for Iran's ballistic missile program.

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IMF team launches 2-week mission in crisis-hit Lebanon

An International Monetary Fund (IMF) delegation kicked off talks in Beirut Wednesday as part of a two-week mission aimed at securing progress towards funding for crisis-hit Lebanon.

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German economic advisers slash 2022 growth forecast to 1.8%

The German government's panel of independent economic advisers on Wednesday slashed its 2022 growth forecast for Europe's biggest economy in light of Russia's invasion of Ukraine and concern over energy supplies and prices.

The group forecast that Germany's gross domestic product will expand by only 1.8% this year, compared with the 4.6% it predicted in November. It said the economy won't return to its pre-pandemic level until the third quarter.

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China tries to limit economic blow of Shanghai shutdown

As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the closed-down metropolis and to keep the world's busiest port functioning to limit disruption to industry and trade.

This week's shutdown of most activity in China's most populous city to contain virus outbreaks jolted global financial markets that already were on edge about Russia's war on Ukraine, higher U.S. interest rates and a Chinese economic slowdown.

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UK ambassador visits Baalbek and AUST Zahle campus

British Ambassador to Lebanon Ian Collard has visited Baalbek ‘the City of the Sun’ and joined students at the American University of Science and Technology in Zahle.

"The Ambassador’s visit to Baalbek (on Tuesday) was an opportunity to hear from Baalbek-Hermel Governor Bachir Khodr, local officials, dignitaries and NGOs about the important work they are doing to support their communities during very difficult times," the British Embassy in Beirut said.

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U.N. launches online survey targeting agri-food sector in Lebanon

The U.N. Productive Sectors Development Program (PSDP) funded by the Government of Canada is launching an online survey for women and men farmers, entrepreneurs, and Medium and Small to Medium industries and cooperatives working in the agri-food sector in Lebanon.

The survey aims to select beneficiaries in the PSDP’s activities, which will include technology transfer and technical skills training in the agricultural and agri-food sectors, training on environmental sustainability, and in-kind support, with a specific focus on female youth skills’ upgrade, and innovations promotion.

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Lebanese face frugal Ramadan as Ukraine war drives up food prices  

Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. 

From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish family meals, are now struggling to secure even the most basic staples in light of skyrocketing food and fuel prices.

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Poland to cut all Russian oil imports; Germany warns on gas

Poland will take steps to cut Russian oil imports by the end of 2022, the prime minister said Wednesday, as Germany triggered an early warning level for natural gas supplies and called on consumers to save energy amid Russia's war in Ukraine.

Poland has already largely reduced its dependence on Russian oil, Prime Minister Mateusz Morawiecki said.

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What would paying for natural gas in rubles mean?

Europe's already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers pay for Russian natural gas in rubles instead of dollars and euros.

Here's a look at some of the implications of such a move:

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