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Tag Archives: corona crisis

Saudi public debt issuance on the rise

Saudi public debt issuance increased by nearly 50 percent in 2020 to SR163 billion ($43.4 billion), the Capital Market Authority reported. Non-government debt issuance increased by more than 250 percent reaching SR31 billion compared to SR9 billion in 2019. The market value of stocks and debt instruments reached SR9.8 trillion …

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Jordan king says everything is safely resolved now

Jordan’s King Abdullah said on Wednesday sedition has been quashed after a rift with his half-brother and former heir Prince Hamza, whom the government had accused of links to efforts destabilise the country. In his first statement since the affair came to light, the monarch said the crisis that shook …

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Suez canal damages may amount to $1bn

The head of the Suez Canal Authority on Thursday said that losses and damages resulting from the grounding of the Ever Given container ship could run to more than $1 billion. Osama Rabie told media that investigations into the incident, which resulted in the vital trade waterway being blocked to …

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Saad Al-Hariri says Lebanon on verge of collapse without his cabinet

Lebanon’s Prime Minister-designate Saad al-Hariri said on Thursday after a meeting with President Michel Aoun that forming a government that could re-engage with the IMF was the only way to halt the country’s financial collapse. The meeting took place after a heated exchange on Wednesday night between the two politicians, …

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France plans further measures against Lebanon, sources say

France and its international partners will seek to increase pressure on Lebanon’s politicians in the coming months, a French diplomat said on Wednesday, although he did not envisage sanctions against individuals in the immediate term. Paris has spearheaded international efforts to rescue the former French protectorate from its deepest crisis …

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Tear gas deployed against Jordanian protesters

Jordan used tear gas on Monday to suppress protests against a curfew imposed to stem a severe outbreak of COVID-19, witnesses and residents said. Police took action after hundreds of protesters in several cities including Amman demonstrated for a second day and defied a night curfew which was extended last …

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Jordanian take to streets over COVID oxygen scandal

Protests erupted across many of Jordan’s cities and provincial towns against the government’s coronavirus restrictions, a day after oxygen ran out at a state hospital leading to the deaths of at least six COVID-19 patients, witnesses said on Sunday. Hundreds of people spilled into the streets in defiance of a …

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Army refuses to put down Lebanese protesters

Lebanon’s president told the army and security forces on Monday to clear roadblocks after a week of protests over a collapsing economy and paralysed government, but the army chief warned that troops should not get sucked into the political deadlock. President Michel Aoun issued the call to open up the …

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Uzbekistan’s economy is open for investors

Uzbekistan’s economic freedom score is 57.2, making its economy the 114th freest in the 2020 Index. Its overall score has increased by 3.9 points due to higher scores for investment freedom, financial freedom, and property rights. Uzbekistan is ranked 26th among 42 countries in the Asia–Pacific region, and its overall …

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Sputnik vaccine headed to Palestinian territories

The Palestinians will receive 10,000 doses of Russia’s Sputnik V vaccine on Thursday, enough to cover 5,000 people, Palestinian Health Minister Mai Alkaila told Voice of Palestine radio. The Palestinian Authority, which has limited self-rule in the Israeli-occupied West Bank, launched a vaccination campaign on Tuesday after a small delivery …

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PM Diab condemns sudden eruption of violence in Tripoli

Lebanon’s caretaker prime minister on Friday condemned overnight violence in the city of Tripoli, where protesters angry over a strict lockdown clashed with security forces and set the municipality building on fire. Thursday was the fourth straight night of unrest in one of Lebanon’s poorest cities, after the government imposed …

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New violent strain of corona virus found in Australia

The virus that causes COVID-19 can survive on banknotes, glass and stainless steel for up to 28 days, much longer than the flu virus, Australian researchers said on Monday, highlighting the need for cleaning and handwashing to combat the virus. Findings from the study done by Australia’s national science agency, …

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Israel to extend legislative crackdown on protestors under COVID pretext

Hundreds of Israelis demonstrated outside parliament on Tuesday against a government-backed bill likely to stifle protests near Prime Minister Benjamin Netanyahu’s home during the current coronavirus lockdown. The proposed law, which the government said was aimed at curbing COVID-19 infections, bans Israelis from holding street demonstrations more than one kilometre …

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Israelis protest Netanyahu’s corona failures again

Thousands of Israelis protested outside the official residence of Prime Minister Benjamin Netanyahu on Saturday night, pressing ahead with a monthslong campaign demanding the embattled Israeli leader resign. The protest came as Israel is coping with record levels of coronavirus infections. Demonstrators have been protesting Netanyahu’s handling of the coronavirus …

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5 ways coronavirus will change the future of travel

Coronavirus has changed the lives of people around the world. Staying safe from this contagious disease has become a priority. Gradually, people are also learning to follow a lifestyle that minimizes the risk of spread. Since social distancing and quarantining is an inseparable part of our new life, it will …

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China-Africa join hands to fight COVID-19

By Hazem Samir | chinadaily.com.cn | Updated: 2020-05-15 11:38 After China won its fierce battle with coronavirus epidemic, it joined other countries in fighting their own outbreaks of the deadly virus. Driven by moral commitment, China shipped a huge amount of medical aid to more than 80 countries around the …

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