The World Bank has unveiled a $1 billion program for Lebanon's reconstruction, including a $250 million loan, to help rebuild the country's economy and infrastructure after years of instability and the 2020 Beirut port explosion.
The World Bank has unveiled a $1 billion program to support Lebanon's reconstruction efforts, including a $250 million loan to help the country recover from its economic challenges. The program aims to address critical infrastructure needs and improve key sectors like healthcare and education.
Lebanese Prime Minister Najib Mikati welcomed the support, acknowledging the significant challenges Lebanon faces as it works to rebuild after years of economic instability and the devastating 2020 Beirut port explosion. The funding is seen as a vital step in stabilizing the country and providing much-needed relief to the Lebanese people.
With the program's launch, the World Bank demonstrates its commitment to assisting Lebanon in its recovery, but the road to full recovery will require continued cooperation and reform efforts from the Lebanese government.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy s...
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, ...
Kazakhstan and Azerbaijan are considering restoring passenger ferry services across the Caspian Sea, six years after the route was suspended....
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Iceland’s government plans to introduce legislation in February to permanently ban commercial whaling, potentially leaving Norway and Japan as the world’s only countries still allowing the practice.
U.S. President Donald Trump put himself and the Iran war at the centre of the Republican midterm campaign on Wednesday, rallying voters in Dallas with promises of cash payments and a prediction that the conflict would end after November’s elections.
Oil has crossed the $100-a-barrel mark again, but for Gulf countries this is not simply good news. Brent reached about $100.07 on Wednesday, its highest level since July, as the U.S.-Iran war and attacks on Saudi energy facilities raised fresh fears about supplies.
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