BEIRUT (AP) — Death stalks the corridors of Beirut's Rafik Hariri University Hospital, where losing multiple patients in one day to COVID-19 has become the new normal. On Friday, the mood among...
WASHINGTON (AP) — President-elect Joe Biden has chosen Rohit Chopra to be the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the...
BEIRUT (AP) — The World Bank approved a $246 million loan to Lebanon to provide emergency cash assistance to nearly 800,000 Lebanese reeling under the country’s compounded economic and health...
WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first...
WASHINGTON (AP) — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is...
JAKARTA, Indonesia (AP) — Indonesia’s president announced a Cabinet reshuffle Tuesday following the arrest of two of his ministers on corruption charges and his administration’s lackluster...
MILAN (AP) — The coronavirus pandemic did not produce Elena Simone's first budgetary rough patch. The 49-year-old single mother found herself out of the job market when the 2008 global financial...
BEIRUT (AP) — Lebanon’s economy faces an “arduous and prolonged depression,” with real GPD projected to plunge by nearly 20% because its politicians refuse to implement reforms that would speed up...
ATHENS, Greece (AP) — The International Monetary Fund said Monday that Greece's huge public debt remains sustainable in the medium term despite “unprecedented uncertainty” to all sectors of the...
WASHINGTON (AP) — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis.
Yellen, President-elect Joe Biden's apparent choice for treasury...
GENEVA (AP) — The CEO of the main trade group for global airlines will step down next March, and organization officials are supporting a former British Airways CEO to replace him.
BEIRUT (AP) — A New-York-based company contracted by the Lebanese government to conduct a forensic audit of the country’s central bank has decided to pull out of the deal because it was not able...
WASHINGTON (AP) — Jay Clayton, a former Wall Street lawyer who has headed the Securities and Exchange Commission as the financial markets’ top regulator during the Trump administration, is leaving...
BEIRUT (AP) — Lebanese police on Saturday patrolled the streets of the capital Beirut, ordering shops to close as the country began a two-week lockdown to limit the spread of the coronavirus that...
WASHINGTON (AP) — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits.
The Treasury Department reported Thursday that the federal government ran up a...
LONDON (AP) — U.K. unemployment rose to its highest level since 2016 in the three months through September as the COVID-19 pandemic forced employers to shed workers, the Office for National...
JAKARTA, Indonesia (AP) — Indonesia’s economy has fallen into recession for the first time since the Asian financial crisis more than two decades ago as the country struggles to control the...
BEIRUT (AP) — Lebanon and Israel held a second round of U.S.-mediated talks Wednesday over their disputed maritime border and agreed to continue discussions on the next day.
ATHENS, Greece (AP) — The Greek government's opposition is trying to block new insolvency legislation that it argues would leave vulnerable mortgage holders more exposed to repossession during the...
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and...
BEIRUT (AP) — Lebanon's President Michel Aoun has called for binding consultations with members of parliament next week to name a new prime minister, his office said Wednesday.
ATHENS, Greece (AP) — Microsoft has announced plans to build three data center sites in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been...
ATHENS, Greece (AP) — Greece’s economy will contract by an estimated 8.2% this year due to the effects of the coronavirus pandemic before picking up next year, the government said Monday as it...
DUBAI, United Arab Emirates (AP) — The Dubai-based construction company that helped build the world's tallest building and other engineering marvels in the United Arab Emirates announced Thursday...
BEIRUT (AP) — The leader of the militant Hezbollah group said Tuesday they still welcome the French initiative to help Lebanon out of its crisis, but said Paris has to change its approach in...
BEIRUT (AP) — An additional 700,000 children in Syria face hunger because of the country's badly damaged economy and the impact of coronavirus restrictions, an international aid group warned...
BEIRUT (AP) — Former Nissan Motor Co. Chairman Carlos Ghosn made a new public appearance in Lebanon Tuesday during which he launched an initiative with a local university to help the country that...
BERLIN (AP) — Germany's debt load won't reach the level it did in the financial crisis a decade ago as a result of the coronavirus pandemic, the finance minister said Tuesday, and it will still...
BEIRUT (AP) — The European Union expressed “disappointment and concern” Monday about the resignation of Lebanon’s prime minister-designate over the weekend and urged the country’s leaders to do...
BEIRUT (AP) — Lebanon’s prime minister-designate resigned Saturday amid a political impasse over government formation, dealing a blow to French President Emmanuel Macron’s efforts to break a...
BEIRUT (AP) — Lebanon's president said Monday that the crisis-hit country could be going to “hell” if a new government was not formed, suggesting it would require a “miracle” for that to happen at...
BEIRUT (AP) — The U.S. Treasury on Thursday imposed sanctions on two Lebanon-based companies and a man described as an official with the Lebanese militant Hezbollah group
NEW YORK (AP) — New York City Mayor Bill de Blasio said Wednesday that he and about 500 other city employees will take one-week, unpaid furloughs from their jobs in the coming months as the city...
BEIRUT (AP) — The U.N. agency for Palestinian refugees is experiencing a financial crisis that could force it to halt some services to an already impoverished population of more than 5 million...
NAPLES, Italy (AP) — The run-down, paint-chipped Detroit house where U.S. civil rights icon Rosa Parks took refuge after her historic bus boycott is going on display in Italy in a setting that...
BEIRUT (AP) — Lebanese officials held 11th-hour negotiations Monday over the formation of a new government, a process which hit snags over the weekend despite a looming deadline to deliver on a...
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
BEIRUT (AP) — The U.S. Treasury on Tuesday sanctioned two former Lebanese Cabinet ministers who are allied with militant Hezbollah in a rare move against politicians close to the Iran-backed...
LONDON (AP) — David Graeber, who helped organize the Occupy Wall Street movement, has died in Venice, his agent said. He was 59.
A professor of anthropology at the London School of...