World Bank: Lebanon crisis among world's worst since 1850s

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Dhaka Tribune Bangladesh 01.06.2021. 17:08

World Bank: Lebanon crisis among world's worst since 1850s

The Lebanese currency has lost around 85% of its value Lebanon's economic collapse is likely to rank among the world's worst financial crises since the mid-19th century, the World Bank said in a damning report released on Tuesday. The report predicts that Lebanon's economy will shrink by close to 1»»»

dhakatribune.com
Al Ahram Egitto 17.01.2021. 12:47

ABC Bank completes acquisition of BLOM BANK Egypt in deal worth EGP 6.7 bln

Bahrain-based Arab Banking Corporation (B.S.C. or Bank ABC) has acquired Egypt's unit by purchasing its entire 99.4 percent stake with a deal worth EGP 6.7 billion ($427 million), BLOM BANK 'SAL' announced in a statement on Sunday. The acquisition agreement is waiting for the approvals of the Centr»»»

Kuwait Times Kuwait 01.06.2021. 21:17

Lebanon crisis among world’s worst since 1850s

BEIRUT: Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning report released yesterday. The report predicts that Lebanon’s economy will shrink by close to 10 percent in 2021 and stresses there is “no clea»»»

news.kuwaittimes.net
Daily Post Nigeria Nigeria 15.04.2021. 16:47

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I had the rare privilege of going through collections of videos in my archives and then to have watched an interview by a white Jornalist in the 1960’s with the then head of the Northern region Sir Ahmadu Bello also known as Sardauna of Sokoto. In that interview, Sir Ahmadu Bello gave his reason fo»»»

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Atalayar Spagna 25.12.2021. 06:45

Latin America and the Caribbean: Year in Review 2021

Following a difficult 2020, Latin America and the Caribbean has seen a return to growth this year. Although the region still has a long way to go in terms of its vaccine rollout, the pandemic has prompted a range of changes that will impact positively on the region in the medium to long term, among»»»

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Al Manar Libano 01.06.2021. 12:01

World Bank Says Lebanon Crisis among World’s Worst since 1850s

Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday. The report predicts that Lebanon’s economy will shrink by close to 10 percent in 2021 and stresses there is “no clear turning »»»

english.almanar.com.lb
Gulf News Emirati Arabi Uniti 01.06.2021. 12:36

Lebanon crisis among world’s worst since 1850s: World Bank

Complete meltdown of economy over past 18 months is blamed on corruption, mismanagement Beirut: Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday. The report predicts that Leban»»»

gulfnews.com
Asia Times Asia 05.08.2021. 09:02

One year after Beirut blast, failing state still struggling

Poverty and sectarianism continue to plague Lebanon Twelve months on from the disastrous port explosion that killed more than 200 people, injured thousands and left an estimated 300,000 people without homes, Lebanon’s dramatic descent into economic and political crisis deepens. So grave has been Le»»»

asiatimes.com
National News Agency Libano 01.06.2021. 11:16

Lebanon crisis among world's worst since 1850s: World Bank

NNA - Lebanon's economic collapse is likely to rank among the world's worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday. The report predicts that Lebanon's economy will shrink by close to 10 percent in 2021 and stresses there is "no clear tu»»»

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