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Results for: May 2024 (462)

EU offers Lebanon 1 billion euros in economic, security support

Lebanon

EU offers Lebanon 1 billion euros in economic, security support

The European Union has offered Lebanon a financial package of 1 billion euros ($1.07 billion) to support its faltering economy and its security forces, European Commission President Ursula von der Leyen said on Thursday during a visit to Beirut.

Venezuelan public employees to receive $130 per month in bonuses

Politics

Venezuelan public employees to receive $130 per month in bonuses

Public employees in Venezuela will receive $130 per month in bonuses, President Nicolas Maduro said on Wednesday, amid demands by workers for salary increases and months ahead of presidential elections in which Maduro is seeking a third term.

Investors wait to see Red Sea in shippers' Q1 numbers

Yemen

Investors wait to see Red Sea in shippers' Q1 numbers

European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea crisis in the first quarter, reinforcing worries about overcapacity in the long run.

U.S., allies press UAE over Russia trade, sanctions

United Arab Emirates

U.S., allies press UAE over Russia trade, sanctions

The United States, Britain and the European Union are pressing the United Arab Emirates to show it is cracking down on firms evading sanctions imposed on Russia over the war in Ukraine, according to three sources aware of the diplomatic outreach.

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