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Lebanese pound hits new low despite government efforts

The Lebanese pound sank to a record low on the black market Thursday despite the authorities' attempts to halt the plunge of the crisis-hit country's currency, money changers said. Lebanon is in the grips of its worst economic turmoil in decades, and holding talks with the International...

Hundreds of thousands displaced in deadly China flooding

Flooding in south and central China has caused more than a dozen deaths and forced hundreds of thousands of people from their homes, the government said Wednesday. About 228,000 people have been forced to seek emergency shelter due to flooding since June 2, the country's Ministry of...