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Why did Lebanon currency collapse?

Why did Lebanon currency collapse?

Lebanon’s currency collapse is a significant event that has drawn global attention due to its impact on the country’s economy and the daily lives of its citizens. Understanding the reasons behind this financial crisis requires a deep dive into various economic, political, and social factors. Historical Context and Economic Policies: Lebanon’s financial woes are not a sudden occurrence but the …

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Australia Probes Hezbollah’s Assertion That Ali Bazzi Was a Member of Their Militant Group

Australia is conducting an inquiry into Hezbollah’s assertion that Ali Bazzi, a victim of Tuesday’s airstrike in Bint Jbeil, was a member of their militant group. Acting Foreign Minister of Australia, Mark Dreyfus, confirmed that both Ali and his brother Ibrahim Bazzi are Australian citizens. Ibrahim recently traveled from Sydney to Lebanon with his wife Shorouq Hammoud, who was also …

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Actor Lee Sun-kyun from ‘Parasite’ Passes Away Amid Drug Investigation, According to Police Reports

South Korean actor Lee Sun-kyun, globally recognized for his role in the Oscar-winning movie “Parasite,” has passed away amid an investigation into illegal drug use. Lee was 48 years old. Seoul police, after receiving a missing person report from his manager, discovered Lee in his car on Wednesday morning. Authorities presume suicide to be the cause of his death. Forensic …

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Israel Resumes Negotiations for Hostage Release

Israel has put forth a new proposal to pause hostilities in exchange for the release of hostages currently held in Gaza, according to a source with knowledge of the negotiations speaking to CNN. This development signifies a major change in the ongoing conflict, as military operations had previously resumed and formal hostage negotiations had stalled. In a promising move for …

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Exclusive Report: U.S. Intelligence Analysis Reveals Almost 50% of Israeli Bombs Used in Gaza are Non-Precision ‘Dumb Bombs’

A recent U.S. intelligence assessment reveals that nearly half of the air-to-ground munitions used by Israel in its conflict with Hamas in Gaza since October 7 have been unguided, commonly known as “dumb bombs.” This information, detailed by three sources who have seen the assessment from the Office of the Director of National Intelligence, indicates that around 40-45% of the …

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Six Fatalities in Ukraine Due to Russian Assault, Major City Loses Power

Russian military forces launched a significant drone attack, deploying nearly 50 Shahed drones at targets across Ukraine. They also shelled a train station in Kherson, where over 100 civilians were gathered, intending to travel to Kyiv. Ukrainian officials reported these incidents on Wednesday, confirming that the attacks resulted in the deaths of at least five individuals and caused a widespread …

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NASA Aims to Intercept ‘God of Chaos’ Asteroid Approaching Alarmingly Near to Earth in 2029

NASA has reignited its mission to examine the “God of Chaos” asteroid, Apophis, as it draws nearer to Earth’s orbit. The agency redeployed a spacecraft, recently returned from a deep space mission, for this purpose. This spacecraft, originally known as OSIRIS-REx, has been renamed OSIRIS-APEX for this new assignment. It will investigate the exceptionally close approach of Apophis in 2029, …

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Bookmakers

Wydad AC vs Al Ain FC Prediction, Preview, News: 26/6/2025

As the 2025 FIFA Club World Cup progresses, Wydad AC and Al Ain FC are set to face off in a crucial Group G match at Audi Field in Washington, D.C., on Thursday, June 26, at 20:00 local time. Both teams enter this fixture seeking their first points in the tournament, making this encounter pivotal for their aspirations to advance. …

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Juventus vs Manchester City Prediction, Preview, News: 26/6/2025

A highly anticipated Group Stage encounter is set to unfold at Camping World Stadium in Orlando on Thursday, June 26, 2025, as Juventus and Manchester City meet in a pivotal match in the newly expanded FIFA Club World Cup. With both sides in top form and already through to the knockout rounds, the fixture will likely determine the group winner, …

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Urawa Red Diamonds vs Monterrey Prediction, Preview, News: 26/6/2025

The Club World Cup continues its newly expanded format with a crucial Group C fixture between Japan’s Urawa Red Diamonds and Mexico’s CF Monterrey. Set to take place at the Rose Bowl in Pasadena, California, on Thursday, June 26, 2025, at 02:00 local time, this match carries significant weight as both clubs vie for a place in the knockout stages. …

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Inter Milan vs River Plate Preview, Prediction, Fixtures: 26/6/2025

Inter Milan and River Plate are preparing to clash in a decisive Group E fixture at the 2025 FIFA Club World Cup. Scheduled for Thursday, June 26 at 02:00 local time, the match will take place at Lumen Field in Seattle. Both clubs have collected four points from their opening two matches, making this encounter essential in determining advancement to …

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Salam in Doha: Lebanon Stability Depends on Israeli Withdrawal

Lebanon’s Prime Minister Nawaf Salam held a diplomatic meeting in Doha on Tuesday with Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister of Qatar, focusing on Lebanon’s internal stability and regional tensions. The discussions underscored Lebanon’s ongoing efforts to reinforce state authority and highlighted concerns over unresolved territorial disputes with Israel. Speaking at a joint press briefing, Prime …

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What Is Perplexity, the AI Startup Drawing Interest from Meta and Apple

A relatively young artificial intelligence startup is drawing significant interest from major tech players, as both Meta and Apple have explored possible acquisition talks with Perplexity, an AI-powered search engine company. These discussions, held in late April and early May, reportedly did not result in a finalized agreement. While Meta engaged directly with the company, Apple is said to have …

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