Comments by the information minister, before he joined the government, prompted a diplomatic rift between Lebanon and powerful Gulf States. It was unclear if his resignation would end the crisis.
Tag: Economic Conditions and Trends
Didi of China Moves to Delist From New York Stock Exchange
The ride-hailing giant made an abrupt shift as officials in Washington and Beijing have grown increasingly skeptical of Chinese corporate access to Wall Street’s money.
Extreme Poverty Has Been Sharply Cut. What Has Changed?
The U.N. pledged to cut by half the proportion of people living in the worst conditions around the world.
How Omicron Could Knock Economic Recovery Off Track
The latest zigzag in the pandemic has already curtailed travel, but its broader impact on growth and inflation isn’t likely to be known for several weeks.
‘Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis
President Recep Tayyip Erdogan’s insistence on directing monetary policy and sticking with low interest rates is draining confidence, economists say.
India’s Economy Still Weak, Despite a Strong Third Quarter
Covid-19 essentially robbed the country of more than a year of badly needed economic growth. That’s lost ground that cannot be regained quickly.
Afghan Economy Nears Collapse as Pressure Builds to Ease U.S. Sanctions
Afghanistan’s economy has crashed since the Taliban seized power, plunging the country into one of the world’s worst humanitarian crises.
A Claim of Herd Immunity Reignites Debate Over U.K. Covid Policy
Neil Ferguson, a leading epidemiologist, said the country had almost reached a state of herd immunity as it settled into a new normal of about 40,000 cases a day. Other experts disagreed.
As Virus Cases Rise in Europe, an Economic Toll Returns
A series of restrictions, including a lockdown in Austria, is expected to put a brake on economic growth.
Playwright Is in Exile as Cuba Uses an Old Playbook to Quash Dissent
Yunior García, a rising star of the Cuban protest movement, fled to Spain. He is one of a young generation of artists who say they have chosen exile over imprisonment.