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British Pound a Buy Against the Euro say Deutsche Bank Strategists

Pound Sterling which will be seeking a new driver now that a more hawkish Bank of England has been priced into the currency’s value. The Pound-to-Euro exchange rate has been tipped to rise by strategists at Deutsche Bank who say the end of the Sterling down-cycle is getting closer.  The call comes as Sterling embarks on a recovery against the Euro that has seen it rise ...

VINCE RADIATOR GAFFEVince Cable in bizarre diplomatic row with Lebanon after he compared Theresa May to a Beirut hostage

VINCE CABLE was today embroiled in a bizarre diplomatic spat after a Lebanese MP said he was wrong to compare Theresa May to a Beirut hostage. The Lib Dem leader said the Prime Minister was “like being handcuffed to a radiator in the basement of a flat in Beirut and she is at the mercy of other people” because of ...

‘A vigilant eye’: UN troops in Lebanon see no appetite for war

If the Lebanese-Israeli conflict were a football match, UNIFIL peacekeepers would not be the referee. “The UN is the referee,” Italian Major Vincenzo D’Anna told Middle East Eye, on a coastal hill a few hundred metres from the Blue Line. “We just say, this happened; and you decide. We report everything. We are totally impartial and neutral.” The Blue Line ...

Syian Children in Lebanon Toil to Feed Families

Child labor in Lebanon was already a deep-seated problem before an influx of Syrian refugees made it worse. Now, as humanitarian funds dry up, there are fears the practice could become even more widespread – and with families are dependent on the income children generate, there are no easy solutions. However, NGOs are working on the ground to re-integrate children ...

PHOTOS | Multiple tombstones damaged after car crashes into Lebanon cemetery

LEBANON, Ind. – A car knocked over several headstones during an early Tuesday morning crash in Lebanon. According to the Lebanon Fire Department, the crash happened around 4:30 a.m. at a cemetery located near State Road 47 and Elm Swamp Road/North 75 East. That’s just east of State Road 39. Investigators said the car went off the road and ended ...

Egypt says it will host ‘reorganization’ of Libyan army

Egypt said Tuesday it will host the “reorganization” of Libya’s army, currently an eastern-based force led by Gen. Khalifa Hifter. A statement signed by the Egyptian Committee on Libya said that Libyan military officers who met in Cairo recently chose Egypt as a starting point for plans to unify the army. The group, chaired by Egypt’s chief of staff, Lt. Gen. Mahmoud ...

Turnbull comments show Australia a ‘second class citizen’ says Chinese newspaper

Beijing: Prime Minister Malcolm Turnbull’s call for China to cut off its oil pipeline to North Korea has prompted a fierce rebuke from a high-circulating Chinese newspaper, which accused him of going beyond even Donald Trump. The Global Times, which sells more than one million copies, devoted an editorial to Mr Turnbull’s “indiscreet” and “absurd” comments, and saying Australia was a “second class ...

Egypt reopens cave museum after 10 years

The Egyptian Ministry of Antiquities reopened the Rommel Cave Museum in the country’s seaside Matrouh province after a 10-year closure for restoration. The event on Friday was attended by Antiquities Minister Khaled al-Anany, reports Xinhua news agency. Rommel Cave is a natural cave cut in a rocky cliff since the Roman times with an entrance and exit on the Mediterranean. ...

Thousands rally for gay marriage in Australia ahead of vote

SYDNEY (Reuters) – Thousands of people rallied for marriage equality in Australia’s second-biggest city of Melbourne on Saturday ahead of a postal survey on same-sex marriage which could lead to its legalisation. Australia is one of the only developed English-speaking countries not to have legalised same-sex marriage, despite strong popular support and the backing of a majority of lawmakers. Shadow ...

Yarra council stripped of citizenship ceremony powers after Australia Day changes

Alex Hawke, the assistant immigration minister, announced the decision on Wednesday afternoon, after the prime minister, Malcolm Turnbull, declared in parliament that the council’s vote was “utterly out of step with Australian values”. “They are seeking to take a day which unites Australia and turn it into one which divides it,” Turnbull said. “To change the date of Australia Day would be to ...

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