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Tag Archives: World Bank

What economic crisis has done in Lebanon

Special Desk Lebanon is in the grip of one of the worst economic crises it has seen in recent years and the World Bank says the financial crisis could rank among the world’s three worst since the mid-1800s. The currency has lost more than 90% of its value and unemployment …

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Currency plunging Lebanese worried

Special Desk Worried over plunging currency hundreds of angry Lebanese took to the streets and dozens of them got injured. Since 1997, pound has been pegged to the dollar at 1,507. Lebanon’s national currency plunged to a new record low on the black market against the dollar recently, as an …

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World Bank to help Indian MSMEs

News Desk Business that are reeling under pressure since the COVID-19 pandemic hit the country can have some hope with the world bank decision to help them. The loss of skill labour and also slump in demand even after the lockdown opened kept the sector thinking about reforms and way …

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