High Unemployment

BEIRUT | Lebanese official says steps needed after rating downgraded

BEIRUT—Jan 22, 2019—A report by Moody’s Investors Service that downgraded the country’s long-term investment ratings reflects the urgent need for quickly forming a new government, implementing reforms and reducing budget deficit, Lebanon’s finance minister and experts said Tuesday. The statement by Ali Hassan Khalil, in which he assured that Lebanon’s financial and monetary conditions are … Continue reading BEIRUT | Lebanese official says steps needed after rating downgraded

MADRID | Spain plans to spend $8 billion on military hardware upgrade

MADRID — Spain’s government has announced a plan to spend 7.3 billion euros ($8.2 billion) over the next 10 years on improving its military defense capabilities. Defense Minister Margarita Robles said Friday the money will be used to build five new navy frigates and, in a first phase, develop and build 348 new armored personnel … Continue reading MADRID | Spain plans to spend $8 billion on military hardware upgrade

YEREVAN, Armenia | Armenians vote for parliament; PM looks to bolster support

YEREVAN, Armenia — Armenians cast ballots Sunday in an early parliamentary election that was expected to further consolidate the power of the nation’s new prime minister. The charismatic 43-year-old Nikol Pashinian took office in May after spearheading massive protests against his predecessor’s power grab which forced that politician to step down. Pashinian has pushed for … Continue reading YEREVAN, Armenia | Armenians vote for parliament; PM looks to bolster support

YEREVAN, Armenia | Armenians cast ballots in early parliamentary election

YEREVAN, Armenia— Armenians are casting ballots in an early parliamentary election expected to further consolidate the power of the nation’s new prime minister. The charismatic 43-year-old Nikol Pashinian took office in May after spearheading massive protests against his predecessor’s power grab that forced the politician to step down. Pashinian has pushed for early vote in … Continue reading YEREVAN, Armenia | Armenians cast ballots in early parliamentary election

JOHANNESBURG | Oprah offers rousing tribute to Mandela in S. Africa visit

JOHANNESBURG — Oprah Winfrey on Thursday delivered a rousing tribute to Nelson Mandela, a century after he was born, and urged the youth of South Africa and beyond to overcome failure and trauma on the road to accomplishing their goals. “Your day will come. I applaud your resilience,” Winfrey told a cheering crowd in Soweto. … Continue reading JOHANNESBURG | Oprah offers rousing tribute to Mandela in S. Africa visit

YEREVAN, Armenia | Armenian premier steps down, maneuvering for early election

YEREVAN, Armenia— Armenia’s prime minister stepped down Tuesday, a political maneuver aimed at forcing an early election. Nikol Pashinian, who took office in May after spearheading weeks of protests that forced the resignation of his predecessor, has pushed for an early parliamentary election this fall in a bid to unseat foes who maintain a majority. … Continue reading YEREVAN, Armenia | Armenian premier steps down, maneuvering for early election