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.
The world’s leading banking climate coalition is reassessing its membership rules following the departure of major banks and slower-than-expected progress on climate goals, its chair told Reuters.
Ukraine’s acceptance of a U.S. ceasefire proposal has salvaged its strained ties with Washington, securing the resumption of military aid and intelligence sharing. However, fundamental issues in the conflict with Russia remain unresolved.
Researchers say the remains belong to an adult member of an extinct species that lived up to 1.4 million years ago.
The world’s leading banking climate coalition is reassessing its membership rules following the departure of major banks and slower-than-expected progress on climate goals, its chair told Reuters.
Ukraine’s acceptance of a U.S. ceasefire proposal has salvaged its strained ties with Washington, securing the resumption of military aid and intelligence sharing. However, fundamental issues in the conflict with Russia remain unresolved.
Researchers say the remains belong to an adult member of an extinct species that lived up to 1.4 million years ago.
President Donald Trump is preparing a new travel ban that could block entry for people from Afghanistan and Pakistan as early as next week. The move is part of an intensified immigration crackdown.
Italy’s League party urges the government to favour Starlink over French-led Eutelsat for satellite communication systems, citing Starlink's technological edge. The push comes amid delays in the EU’s IRIS² program, as Italy seeks secure communication solutions for officials.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
The U.S. budget deficit reached $307 billion during President Donald Trump’s first full month in office, marking a 4% increase—an additional $11 billion—over the same period last year, according to the Treasury Department.
The European Commission’s plan to impose additional duties on up to 26 billion euros ($28 billion) of U.S. imports could significantly disrupt Europe’s livestock sector, which heavily relies on imported grains for animal feed, according to industry association FEFAC.
Ukraine’s acceptance of a U.S. ceasefire proposal has salvaged its strained ties with Washington, securing the resumption of military aid and intelligence sharing. However, fundamental issues in the conflict with Russia remain unresolved.
The world’s leading banking climate coalition is reassessing its membership rules following the departure of major banks and slower-than-expected progress on climate goals, its chair told Reuters.
Ukraine’s acceptance of a U.S. ceasefire proposal has salvaged its strained ties with Washington, securing the resumption of military aid and intelligence sharing. However, fundamental issues in the conflict with Russia remain unresolved.
Researchers say the remains belong to an adult member of an extinct species that lived up to 1.4 million years ago.
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