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Search Result for “devaluation”

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BUSINESS

Trump hosting White House crypto summit

AFP, Published on 07/03/2025

» WASHINGTON - Donald Trump is preparing to host top cryptocurrency players at the White House on Friday, a political boost for an industry that has struggled to gain legitimacy — and where the Republican president faces conflict of interest concerns.

WORLD

Argentina holds cliffhanger election with economy at stake

AFP, Published on 19/11/2023

» BUENOS AIRES - Desperate for a way out of a crippling economic crisis, Argentines will vote Sunday in a nail-biter election race between embattled Economy Minister Sergio Massa and the libertarian outsider Javier Milei.

WORLD

Argentina devalues peso after shock primary election result

AFP, Published on 15/08/2023

» BUENOS AIRES - Argentine monetary authorities on Monday devalued the peso by around 20 percent as the country reeled from the strong showing of far-right politician Javier Milei in a presidential primary election.

WORLD

Slow progress as Lebanon awaits IMF economic deal

AFP, Published on 29/12/2021

» BEIRUT - Lebanon is mired in an economic crisis branded by the World Bank as one of the worst in modern times, but officials are yet to strike an international bailout deal.

WORLD

As poverty bites, Lebanese give up their pets

AFP, Published on 14/05/2021

» BEIRUT - Ibrahim al-Dika had raised his Belgian shepherd Lexi since she was a tiny pup, but then Lebanon's economic crisis made him jobless and he had to sell her to repay a bank loan.

SPORTS

Ice cold Kroos keeps Real Madrid in the hunt for trophies again

AFP, Published on 13/04/2021

» MADRID - When Toni Kroos arrived for his first training session with Real Madrid in 2014, he went the wrong way.

SPORTS

US investors bet on 'sleeping giant' Serie A's return to glory days

AFP, Published on 27/02/2021

» ROME: Parma and Spezia have become the most recent Italian clubs to pass into US ownership with more than a quarter of Serie A outfits now in the hands of north American owners.

WORLD

'State, what state?' Lebanese together in solidarity and rage

AFP, Published on 06/08/2020

» BEIRUT - In Beirut's beloved bar districts, hundreds of young Lebanese ditched beers for brooms on Wednesday to sweep debris in the absence of a state-sponsored cleanup operation following a deadly blast.

WORLD

Utter devastation as toll from Beirut monster blast tops 100

AFP, Published on 05/08/2020

» BEIRUT: Rescuers searched for survivors in Beirut Wednesday after a cataclysmic explosion at the port sowed devastation across entire neighbourhoods, killing more than 100 people, wounding thousands and plunging Lebanon deeper into crisis.

WORLD

Saudi downturn deepens Yemen's economic despair

AFP, Published on 22/06/2020

» RIYADH: On top of war and the coronavirus pandemic, Yemen faces looming economic disaster as a crisis gripping its main benefactor Saudi Arabia dents remittances and leaves state coffers running dry.