The Cradle
The Cradle
  • Home
Loading...
No Lebanon gas deal until World Bank agrees: Jordan FM
According to Lebanese media, the World Bank and the US lied to Lebanon about their willingness to approve the funds for this agreement
Mar 30, 2023
Loading...
Lebanon in dire need of ‘equitable’ banking reform, losses exceed $70bn: World Bank
According to the World Bank, Lebanon's inflation rate is expected to average at 186 percent this year
Nov 24, 2022
Loading...
World Bank continues to delay funding for Lebanon gas deal: Report
The funding is required to implement a US-brokered energy sharing plan with Egypt, Jordan, and Syria
Aug 20, 2022
Loading...
World Bank calls Lebanon’s economic crisis ‘deliberate’, blames elites of ‘finance Ponzi scheme’
The World Bank blames Lebanon's politicians for 'cruel' practices that saw the country accumulate debt 'beyond fiscal needs'
Aug 04, 2022
Loading...
World Bank approves loan to support Lebanon’s wheat imports
The Islamic Republic of Iran has previously offered to provide the crisis-hit nation with wheat to avert a food crisis
May 09, 2022
Loading...
World Bank obstructs Egyptian energy transfer to Lebanon
The World Bank has said that it first needs to conduct a 'political feasibility study' before the funding is approved
Apr 30, 2022
Loading...
World Bank refuses to fund US-brokered energy plan for Lebanon
Aside from lack of funding, the project to transfer Egyptian and Jordanian energy to Lebanon via Syria requires a sanctions waiver guarantee from the US, which is yet to be issued
Apr 23, 2022
Loading...
World Bank to resume three major projects in Afghanistan
The projects were halted after the Taliban ordered the temporary closure of girls schools across the country
Apr 20, 2022
Loading...
World Bank suspends Afghanistan projects after closure of girls schools
The aid was meant to bypass western sanctions and support education, agriculture, health, and family programs in Afghanistan
Mar 30, 2022
Loading...
World Bank looking to release $600 million in frozen Afghan funds
The UN warned that over 20 million Afghans will face extreme levels of hunger while the US and its allies have frozen billions in reserves that belong to Afghanistan
Feb 19, 2022
Loading...
World Bank blames Lebanon’s ruling class for economic meltdown
In its latest report, the World Bank has warned that the Lebanese economy will remain in free fall through 2022
Jan 25, 2022
Loading...
World Bank to unfreeze $280 million Afghan funds to provide much needed aid
Sanctions have left nearly half of the country's population without adequate food
Dec 11, 2021
Loading...
Dead on arrival: The US plan to train PA ‘special forces’ in the West Bank
Despite being in conflict with armed resistance factions in the West Bank, Palestinian Authority forces have also collaborated with them, posing a challenge to those who seek to divide Palestinians.
Mar 15, 2023
Loading...
Lebanon’s caretaker PM steps in to protect banks charged with money laundering
The Association of Banks in Lebanon announced that, thanks to Mikati's overstepping of his authority, they would 'temporarily suspend' a strike that has helped decimate the value of the lira
Feb 24, 2023
Loading...
Turkish central bank taps into foreign reserves to stabilize currency
Turkiye continues sales of foreign currency reserves to stabilize the lira and combat inflation in the wake of the devastating 6 February earthquake
Feb 22, 2023
Loading...
Iran, Russia integrate banking systems
52 Iranian and 106 Russian banks integrated their interbank communication and transfer systems for trade and financial operations
Jan 30, 2023
Loading...
Gaza resistance targets Israeli settlements in retaliation for West Bank massacre
While no one has taken responsibility for the attack on the Ashkelon settlement, both Hamas and the PIJ pledged a swift response to the violence by the Israeli army
Jan 27, 2023
Loading...
Washington bankrolls temporary salary increase for Lebanese security forces
The US, Qatar, and the EU have proven instrumental in providing funds for the Lebanese army since the start of the economic crisis
Jan 25, 2023
Loading...
US court ruling opens door for Lebanese banks to be prosecuted on foreign soil
Lebanon's financial institutions have evaded any responsibility for their role in the crisis gripping the nation, and have instead placed the burden on regular citizens
Dec 17, 2022
Loading...
Qatar pressures Hamas to avoid military escalation in Gaza until World Cup ends: Report
The reported pressure from Doha, however, has no bearing on the activities of the PIJ, another Gaza-based resistance faction with deep ties in the West Bank
Dec 03, 2022
Loading...
Israel calls on world leaders to oppose ICJ opinion on occupation
In the coming weeks, the resolution has to be voted on for a second time by the plenary of the General Assembly
Nov 29, 2022
Loading...
Government formation talks in Israel to allow for ‘soft annexation’ of West Bank
Benjamin Netanyahu has reportedly agreed to allow Israel's leading supremacist group control of the occupied West Bank
Nov 25, 2022
Loading...
Afghanistan living world’s most severe hunger crisis: UN
Over half of Afghanistan's population are facing starvation after western powers blocked Afghanistan from receiving that funded 70 percent of the government budget
Nov 11, 2022
Loading...
‘Whole world worried’ over Ben Gvir’s far-right extremism: Israeli president
Herzog's statement was accidentally picked up by a microphone that he thought was turned off
Nov 10, 2022
Loading...
Germany, France ask to bypass Lebanese judges ‘impeding’ corruption probe into central bank chief
Riad Salameh faces money laundering and embezzlement charges in France, Germany, Luxembourg, Lichtenstein, Switzerland, and Lebanon
Nov 02, 2022
Loading...
Israel enforces strict rules for foreigners visiting West Bank
The bill was initially announced in February 2022 but halted after complaints to Israel’s Supreme Court
Oct 21, 2022
Loading...
Lebanese banks close ‘indefinitely’ for second time in a month
Depositors have staged over a dozen bank heists in the past several weeks after being locked out of their life savings for the past three years
Oct 07, 2022
Loading...
Israeli army overstretched, underequipped in face of West Bank resistance: Report
The IDF denied the report of poor living conditions in its bases, claiming the competence and readiness of its troops have not been affected
Oct 02, 2022
Loading...
‘Unprecedented’ US pressure on Turkish banks hinders Mir payment system: Kremlin
The US is pressuring countries to abandon the Russian Mir payment system, which has bypassed sanctions
Sep 29, 2022
Loading...
Banks in Lebanon close their doors ‘indefinitely’
The indefinite bank closure comes at a time when the Lebanese lira is hitting new lows against the US dollar
Sep 22, 2022
  • …
The Cradle
Home
Terms
Privacy
Contact Us
Support Us