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‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

3/3 © Reuters. People queue outside an Alfa telecommunications store in Beirut, Lebanon January 12, 2022. REUTERS/Mohamed Azakir 2/3 By Laila Bassam and Timour Azhari BEIRUT (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues have nosedived, and the…

Cryptocurrencies post record outflows in first week of 2022 -CoinShares

Cryptocurrencies post record outflows in first week of 2022 -CoinShares

© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares showed on Monday,…

Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated

Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated

© Reuters. Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated (Bloomberg) — President Emmanuel Macron on Friday stood by the uncompromising stance and combative language he directed earlier this week at France’s unvaccinated citizens amid record numbers of new Covid-19 cases.  Macron in a Tuesday interview with Le Parisien used salty language — saying…

Fed funds futures see rate hike in March after minutes of policy meeting

Fed funds futures see rate hike in March after minutes of policy meeting

© Reuters. FILE PHOTO: United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate on Wednesday have priced in a roughly 80% chance of a quarter-percentage-point…

Japan PM urges business lobbies, unionists to reverse downtrend in wages

Japan PM urges business lobbies, unionists to reverse downtrend in wages

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks before the media at his official residence as an extraordinary Diet session was closed, in Tokyo, Japan December 21, 2021. Yoshikazu Tsuno/Pool via REUTERS TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday called on business lobbies and unions to work together to “boldly…