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World

State of collapse: Can Lebanon's troubled leadership save the country?

BEIRUT (Reuters) - Beirut's seismic explosion propelled the scarred Lebanese capital 30 years back in time with a violence scarcely imaginable even to a country that has endured so many wars, invasions, occupations, air strikes, car bombs and assassinations.

Energy

Petrostates glimpse their peak-oil future

GENEVA: From Baghdad and Algiers to Caracas, many of the world’s oil capitals are experiencing a summer of discontent. It could be a glimpse of their future.

World

U.S. needs "additional sizable fiscal package" to contain pandemic, boost recovery: IMF executive board

WASHINGTON, Aug. 10 (Xinhua) -- The United States needs an "additional sizable fiscal package" to contain the COVID-19 pandemic and boost economic recovery, the executive board of the International Monetary Fund (IMF) said on Monday.

Business

IMF calls for commitment

WASHINGTON: The International Monetary Fund (IMF) says it is willing to redouble efforts to help Lebanon after the devastating blast that hit Beirut, but all of the country’s institutions must show willingness to carry out reforms.