Officials, Experts Blame Lebanese Central Bank Governor For Country’s Dollar Crisis

by Dana Halawi BEIRUT, Jan 16 (NNN-XINHUA) – Some Lebanese officials and experts blame Central Bank Governor, Riad Salameh, for the drop in the exchange rate of the Lebanese pound against the U.S. dollar, after having adopted a fixed exchange rate for the past 30 years. For the past few…

Lebanese President Says Country Going Through Worst Crisis In History

BEIRUT, Jan 15 (NNN-NNA) – Lebanese President, Michel Aoun, said that, Lebanon is going through the worst economic, financial and social crisis in its history, a statement by the president’s office reported. “The economic crises in the world had a bad impact on our economy. Wars in neighbouring countries closed…

Kiwifruit Prices Hit Record High In New Zealand

WELLINGTON, Jan 15 (NNN-AGENCIES) – Kiwifruit prices in New Zealand were at an all-time high in Dec, 2019, with prices for seasonal fruit and vegetables also up, New Zealand statistics department, Stats NZ, said today. Kiwifruit prices rose 32 percent in Dec, 2019, to an average price of 8.27 New…

Chinese, Vietnamese officials promise to boost relations

HANOI, Jan 15 (NNN-XINHUA) – Song Tao, head of the International Department of the Communist Party of China (CPC) Central Committee, stressed to promote the development of China-Vietnam relations in the new era. Song made the remarks during his visit to Vietnam, ahead of the 70th anniversary of the establishment…

Corporate Bankruptcies In Japan Rise For 1st Time In 11 Years In 2019

TOKYO, Jan 15 (NNN-NHK) – Japan saw the number of corporate bankruptcies increase for the first time in 11 years in 2019, Tokyo Shoko Research said in a report. According to the credit research agency, owing to a consumption tax hike and a string of natural disasters, and amid an…

Turkish Police Detain 115 Soldiers Over 2016 Failed Coup

ISTANBUL, Jan 15 (NNN-ANADOLU) – Turkish police, on Tuesday, detained 115 soldiers across the country, over their suspected links to a group accused of orchestrating a failed coup attempt in 2016. The Police launched simultaneous operations in 49 provinces, after the Chief Public Prosecutor’s Office, in the western city of…

Egypt Opens Medical Centre In Lebanon To Offer Support

BEIRUT, Lebanon, Jan 15 (NNN-NNA) – The Egyptian embassy in Lebanon, on Tuesday, opened a medical centre, to support the country, amid its current economic crisis. The medical centre includes six clinics, specialised in surgery, internal medicine, paediatric medicine, gynaecology, and bones. “The clinics will be managed by a team…

Saudi Arabia To Cut Emission By Using More Renewable Energy

ABU DHABI, United Arab Emirates, Jan 15 (NNN-WAM) – Saudi Arabia will cut its emission, by using more renewable energy, Saudi Energy Minister, Abdulaziz bin Salman, said Tuesday. “By 2030, we will be developing our gas resources. We will be quite a big (consumer), in terms of renewable (energy) use,”…

Kuwait Holds Workshop On Ways Of Producing Fuel From Plastic Waste

KUWAIT, Jan 15 (NNN-KUNA) – A workshop, focusing on ways to produce clean fuel from plastic waste, was opened in Kuwait City on Tuesday. The workshop was jointly held by Kuwait Institute for Scientific Research (KISR) and the U.K. Science and Innovation Network. At the opening ceremony, Samira Omar, director…

Sri Lanka, Russia To Engage In Shanghai Cooperation Organisation

COLOMBO, Jan 15 (NNN-XINHUA) – Sri Lanka and Russia agreed to actively engage in regional organisations, such as, the Shanghai Cooperation Organisation, and increase bilateral trade between the two countries to 700 million U.S. dollars, from the existing 400 million dollars. Following bilateral discussions, held between Sri Lanka’s Foreign Minister,…