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Lebanese major retailers to shut down amid economic crisis

Major retailers in Lebanon announced Thursday they will temporarily shut down in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar. Later in the day, owners of the businesses rallied in central Beirut...

Venezuela reverses decision to expel EU ambassador

Venezuela has reversed its decision to expel the EU’s ambassador to Caracas ordered by President Nicolas Maduro, a statement said on Thursday, ending a tit-for-tat diplomatic row. Maduro on Monday gave the EU’s Isabel Brilhante Pedrosa 72 hours to leave the country in response to...