BEIRUT: The Lebanese pound fell again against the dollar Thursday, trading at LL12,900 on the black market.
Exchange dealers were selling the dollar for LL12,950 and buying it for LL12,850, down from Wednesday’s average of LL12,700.
The local currency has lost some 85 percent of its value over the past 18 months amid an acute political, economic and financial crisis that has threatened to destabilize the country.
UK, Italy and Japan team up for new fighter jet
Rishi Sunak is set to announce a collaboration between the UK, Italy and Japan to develop a new fighter jet that uses artificial intelligence. The prime minister says the joint venture aims to create thousands of UK jobs and strengthen security ties. The nations will...
Santander UK fined £108m over money laundering failings
Santander has been fined £107.8m over "serious and persistent gaps" in its anti-money laundering controls which opened the door to "financial crime". The financial watchdog said the bank "failed to properly oversee and manage" systems aimed at verifying information...
Lebanon fails to elect new president in ninth electoral session
Lebanon's divided parliament failed for the ninth time to elect a successor to former president Michel Aoun, extending the power vacuum ― the country has been without a president and been ruled by a caretaker government with limited powers since May. The parliament...
Our Businesses
Businesses We Endorse
Submit your event
We will be happy to share your events. Please email us the details and pictures at publish@profilenewsohio.com
Address
P.O. Box: 311001 Independance, Ohio, 44131
Call Us
+1 (216) 269 3272
Email Us
Publish@profilenewsohio.com