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.
Airbnb has permanently banned parties and events at homes on its platform, after a temporary measure during the pandemic proved popular with hosts. The firm says the rule has become "much more than a public health measure" since it was introduced in August 2020. "It...
Singer R. Kelly could face decades in prison when he is sentenced on Wednesday, nine months after being found guilty of running a scheme to sexually abuse women and children. In September, a New York jury convicted the disgraced pop star of racketeering and eight...
Millions of Australian bees are in "lockdown" and thousands will be destroyed after a deadly parasite was detected in the country. The varroa destructor was first found at a port near Sydney last week but has since been spotted in hives 100km away. The outbreak...
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