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EU rejects Trump’s plan for Middle East

The European Union on Tuesday rejected the U.S.’ so-called Middle East peace plan, saying the initiative “departs from internationally agreed parameters” for a peaceful resolution to the Israeli-Palestinian conflict. “To build a just and lasting peace, the unresolved final status...

Lebanon struggles over Eurobond decision as clock runs down

Lebanon's cash-strapped authorities are struggling to decide what to do about a $1.2 billion Eurobond maturing in March but are leaning towards repayment for foreign holders and a swap for local investors, political and banking sources said on Tuesday. Lebanon, which has never defaulted on...