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Lebanon prepares to legalise medicinal marijuana

Beirut – The Lebanese parliament will soon review legislation to legalise medicinal marijuana, its speaker announced on Wednesday, as authorities seek ways to jumpstart the country’s struggling economy. With public debt at 150% of GDP, the third highest rate in the world, Lebanon charged consulting firm McKinsey & Company with setting out a vision to revitalise growth. McKinsey’s proposal, submitted ...

Steve Nutt’s vintage bike collection could be Australia’s largest

Steve Nutt’s new bike shed is bigger than most suburban house blocks and houses his collection of more than 200 vintage bicycles. The 69-year-old Gold Coast resident believes he has accumulated the largest collection of its kind in Australia. The former bike shop owner said he buys and rebuilds bikes built between 1890 and 1990. “I mainly collect racing bikes ...

Egypt repositions itself as a ‘global investment destination’ amid reform drive

Egypt is making progress with economic reforms and is “open for business,” the country’s minister of investment and international cooperation told CNBC Thursday. “We’re repositioning Egypt as a global investment destination so we’ve moved forwards with comprehensive improvements in the business environment,” Sahar Nasr, told CNBC’s “Capital Connection.” The drive to open up the business sector to foreign investment included ...

Australia ends direct aid to Palestinian Authority

Australia has ceased providing direct aid to the Palestinian Authority (PA), with Foreign Minister Julie Bishop saying the donations could increase the self-governing body’s capacity to pay Palestinians convicted of politically motivated violence. Ms Bishop said funding was cut to the World Bank’s Multi-Donor Trust Fund for the Palestinian Recovery and Development Program after writing to the Palestinian Authority in ...

TAC Security Launches AI Based Cyber Risk Management Platform ESOF

India & USA based cyber security solutions provider TAC Security has announced a new platform ESOF (Enterprise Security on One Framework) for organizations to manage their entire IT security and risk assessment needs in one single platform. William May, Former Vice President IBM and Subinder Khurana, Former VP-Cognizant has helped TAC team to build the platform since past two years. ...

Australian telecom giant Telstra is slashing 8,000 jobs

Australia’s biggest telecom operator is cutting 8,000 jobs in a dramatic bid to bring down costs. Telstra (TLSYY) said in a statement Wednesday that it will slash employee and contractor roles as part of plans to reduce costs by 2.5 billion Australian dollars ($1.8 billion) by 2022. It will also sell off assets to pare down debt. The company, which has 32,000 employees, said ...

Australia’s Lost Generation: Battling Aboriginal Suicide

Young Aborigines are four times more likely to commit suicide than non-indigenous Australians. Experts and Aboriginal elders believe a variety of reasons drive Aboriginal youth to suicide, including a disconnection from traditional culture and land. In 2012, 101 East travelled to Western Australia’s Kimberley region to find out what was behind the abnormally high suicide rates there. Numbers were the highest among Australia’s ...

Report into killing of Irish soldier in Lebanon finds litany of conflicting accounts

When Private Caomhán Seoige was sent out to observation post 6.22 Delta in the so-called ‘Iron Triangle’ in South Lebanon, the Aran Islander was just days away from returning home after his six months’ UN tour of duty. Private Hugh Doherty who accompanied him at that isolated spot, was just five days into his first overseas posting with the Defence Forces, part ...

Scores naturalized in Lebanon where women still lack rights

A Lebanese presidential decree to naturalize hundreds of foreigners, including Iraqi Vice President Iyad Allawi and other regional elites, has ignited a row over who deserves citizenship in this tiny Mediterranean country, where one in four people is a refugee and women married to foreigners cannot pass on their citizenship to their children. News of the decree, which was signed ...

Lebanon’s mountains are being wiped from the map – but does anyone care?

Rarely are journalists lost for words. But how do you describe the destruction of entire mountains, the slashing down of tens of thousands of pine trees, the very shape of the landscape changed by more than 3,000 quarries which have ripped apart the geography of Lebanon and made a new map of its blessed and ancient land – the Massacre of the Mountains? ...

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