Business & Economy
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The Russian ruble is falling against the dollar
The price of the Russian currency fell on Wednesday evening below the symbolic threshold of 80 rubles to the dollar,…
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The energy ministers of Syria, Lebanon and Jordan meet
The Energy Ministers of Lebanon, Syria and Jordan announced today, Wednesday, the signing of two agreements to supply Lebanon with…
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pessimistic outlook for the International Monetary Fund
The International Monetary Fund (IMF) has cut its world economic growth forecast for 2022 as the pandemic enters its third…
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Signing huge contracts between Iraq and Saudi Arabia
Today, Tuesday, the Saudi Ministry of Energy revealed on Twitter that the Kingdom and Iraq will sign a memorandum of…
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The reason for the recession of the Lebanese economy
The World Bank announced a 10.5% drop in Lebanon’s real GDP, while revenues fell nearly 50% in 2021. The World…
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Europe draws more than 70 percent of its gas reserves
Today, Russian company Gazprom announced that European countries have used more than 70% of the reserve gas pumped during the…
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Turkey’s Finance Minister expects a frightening level of inflation this year
Turkey’s finance minister, Nureddin Vegan, said he expected inflation to peak at about 40% in the coming months, and not…
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South Korea pays Iran’s debt
The South Korean government paid Iran’s debts at the United Nations with Iranian funds frozen in South Korean banks. On…
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The bitter truth, as described by Hariri
A Kuwaiti newspaper indicated that the former Lebanese Prime Minister, Saad Hariri, told members of his bloc the bitter truth…
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Bill to raise the minimum wage in Germany
According to Reuters, the German chancellor, Olaf Schultz, is working on a bill to raise workers’ wages, to implement one…
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