Tillerson: US troops will stay in Syria to prevent ISIS from regrouping

of State Rex Tillerson said Wednesday it was “crucial” for the United States to maintain an open-ended military and diplomatic presence in Syria to prevent Islamic State militants from regrouping, to thwart Iranian influence and ultimately to see the exit of President Bashar Assad. Tillerson outlined what he described as a new, more engaged Trump […]

Trump accuses Russia of helping North Korea evade sanctions

U.S. President Donald Trump complained on Wednesday that Russia was helping North Korea to evade international sanctions, signaling frustration with a country he had hoped to forge friendly relations with after his 2016 election win. “Russia is not helping us at all with North Korea,” Trump said during an Oval Office interview with Reuters. “What […]

Bitcoin Plunges to $10,000, Half Its Peak Price, as Investor Fears Blossom

Bitcoin skidded a further 12% on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year. The price of bitcoin, the world’s biggest and best known cryptocurrency, fell to as low as $10,0000 on the Luxembourg-based Bitstamp […]

Moody’s expects Lebanon’s economy to grow 2.8 % this year

Rating agency Moody’s forecast Lebanon’s economy will grow 2.8 percent in 2018, slightly faster than last year thanks to the resumption of long-delayed public investment projects. The forecast revises down Moody’s previous forecast, published in September, for 3.0 percent growth in 2018. It also cut its growth estimate for 2017 to 2.5 percent, which is […]

China’s trade body (CCPIT) picks Lebanon as its Mideast, North Africa headquarters

Lebanon was chosen as the Middle East and North Africa regional headquarters for the China Council for the Promotion of International Trade (CCPIT), Lebanon’s Foreign Ministry announced in a statement on Tuesday. Lebanon was chosen due to its strategic location, free economy and openness to investment, the statement said. “CCPIT has 30 representative offices globally […]