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Lebanese are Gripped by Worry as Economic Meltdown Speeds Up

Shops closing, companies going bankrupt and pharmacies with shelves emptying — in Lebanon these days, fistfights erupt in supermarkets as shoppers scramble to get to subsidized powdered milk, rice and cooking oil.

Like almost every other Lebanese, Nisrine Taha's life has been turned upside down in the past year under the weight of the country's crushing economic crisis. Anxiety for the future is eating at her.

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Lebanese Firm to Import Million Doses of Sputnik V Vaccine

Lebanese private company Pharmaline will import one million doses of the Russian coronavirus vaccine Sputnik V, the owner of the company said.

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Google to Invest over $7 bn in US, Create 10,000 Jobs

Google will invest more than $7 billion in the United States this year and create thousands of jobs, the tech giant's CEO said Thursday.

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Turkey's Central Bank Hikes Main Interest Rate to 19%

Turkey's central bank on Thursday sharply hiked its main interest rate to 19 percent to counter rising inflation and the dropping value of the lira.

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Protesters Try to Storm Economy Ministry over Currency Crisis

Lebanese protesters briefly attempted to storm the economy ministry on Wednesday to denounce exploding prices of basic goods as the local currency collapses.

Around 20 protesters had gathered outside the ministry's Beirut headquarters a day after the Lebanese pound hit a new-low of 15,000 to the greenback, according to an AFP correspondent.

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Uber Wins Praise for Granting UK Drivers Worker Status

U.S. ride-hailing giant Uber won praise Wednesday from Britain's government and trade unions after granting UK drivers worker status with associated rights including a minimum wage, sparking hopes that more technology platforms will follow suit worldwide.

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Wazni Confirms Lebanon to Cut Subsidies, Hike Fuel Prices

Caretaker Finance Minister Ghazi Wazni has confirmed that Lebanon will scale back food subsidies and gradually raise gasoline prices to save dwindling foreign reserves..

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A Cyprus Immigration Guide for Non-EU Citizens and Investors

Immigration to Cyprus from non-European Union nations seems to be an excellent choice for those seeking a new home and investing in property in Cyprus is attractive because of the country’s location, attractions, amenities and rich culture.

Surrounded by the Mediterranean Sea, the sunny Republic of Cyprus provides residents and citizens with breathtaking scenery and a relaxed lifestyle.

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Freefalling Lebanese Pound Hits New Low

Lebanon's currency hit a new low against the dollar on the black market Tuesday, continuing its freefall in a country gripped by political deadlock and an economic crisis.

The latest plunge means the Lebanese pound has lost almost 90 percent of its value on the informal market in just 18 months.

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UK Economy Sinks on Virus Curbs, as Brexit Slams Trade

Britain's economy hit reverse in January on renewed coronavirus curbs while the nation's post-Brexit EU goods exports suffered a record collapse, official data showed Friday.

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