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German delegation investigating Lebanese central bank governor storms out of Justice Palace

By Najia Houssari — arabnews.com — BEIRUT: A German judicial delegation stormed out of the Justice Palace in Beirut on Wednesday, disappointed that its requests had been turned down. The German delegation was the first to arrive in Beirut, followed by delegations from France and Luxembourg, to investigate alleged fraud by Riad Salameh, the governor of the Mediterranean country’s central bank, the Banque du Liban. Salameh’s name was mentioned in cases related to financial transfers from Lebanon to the banks of the aforementioned countries. The delegations will try to identify the sources of the funds and their connection to corruption, money laundering and financial crimes in European countries. Arab News learned that the German delegation met on Wednesday with the appellate public prosecutor in Beirut, Judge Raja Hamoush, who was assigned to facilitate the delegation’s work and to show them Salameh’s file, which the Lebanese public prosecutor’s Court of Cassation had investigated without charging anyone.

However, the German delegation included officials from the German police, so Hamoush asked them to leave the office, as the meeting was purely judicial, arguing that they had no capacity to be there or view any files. A judicial source told Arab News: “The German judges were equipped with advanced cameras. When the file was placed in front of them, and it was sealed with red wax, they asked if they could photograph its contents once opened as it includes hundreds of documents and papers. Hamoush refused and said that the judges should submit their request to the public prosecution’s Court of Cassation.” The source added: “They then asked to take a couple of snaps using their mobile phones, but Hamoush categorically turned down such requests. The delegation thus left Hamoush’s office and headed to that of Public Prosecutor Judge Ghassan Oueidat, and the file remained sealed with red wax.” The source noted that the delegation asked Oueidat to be allowed to photocopy the file, but he told them that he needed a written request and to know exactly what they wanted from the file. Following this, the German delegation stormed out of Oueidat’s office and left the Palace of Justice.

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Maronite Patriarch asks for international help for Lebanon – full statement

by indcatholicnews.com — Patriarch Bechara Boutros al-Rahi, the Maronite Patriarch of Antioch, and the head of the Maronite Church, gave an overview of the situation in Lebanon on Tuesday evening, explaining that the country needs help from the United Nations and called for a resolution to address the situation in Palestine. The Patriarch, who is visiting the UK on a trip organised by Fellowship and Aid to the Christians of the East, (FACE) said Lebanon in the past had been “exposed to greed” and was “a venue for wars, hostilities, occupation, assassinations and injustices.”

Patriarch al-Rahi told a press conference at Archbishops House, Westminster, that now his country is facing a “demographic problem and an economic problem” due to shocking inflation, and having to take in millions of refugees from Syria and Palestinian which has put a strain on the country.The Patriarch said: “In order to protect Lebanon, keep it secure, stable and united it ought to be removed from regional and international conflicts, while remaining committed to legitimate Arab just causes, particularly the Palestinian cause, and to the United Nations resolutions.” “We ask the United Nations to call for a Special International Conference on Lebanon,” he added.

Such a conference, according to Patriarch al-Rahi, would support “devising a solution for the Palestinian problem; the facilitation and encouragement of Syrian repatriation and their assistance in their own country; the declaration of the positive neutrality of Lebanon through a Security Council Declaration.” Patriarch al-Rahi also had some warm words for the late Pope Emeritus Benedict XVI who visited Lebanon in 2012. Explaining how the speech of any pope “carries a lot of weight,” he said: “The pope made three main speeches, besides his sermon. He spoke about the importance of Lebanon and the identity. “If you read his speeches you will see a lot of his ideas being held [today]. The speeches of any pope in any country have a permanent impact.” Patriarch al-Rahi asked people in the UK to “invest in Lebanon”, advocate on the country’s behalf, and support a two-state solution in Palestine. He finished by saying: “I can assure you that the Maronites present throughout the world are carrying the cause of Lebanon with them.”

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Maronite Patriarch meets with UK politicians and Lebanese delegations

by indcatholicnews.com — On his first official visit to the UK, His Beatitude Cardinal Mar Beshara Boutros Al-Rahi, Patriarch of Antioch, and head of the Maronite Church, has taken part in a series of meetings with church leaders, politicians and Lebanese delegations yesterday. He was welcomed to Lambeth Palace by Archbishop of Canterbury. The Archbishop said: “We prayed together for Christians in the Middle East, especially Lebanon – a place close to my heart.” The Patriarch then went on to the Palace of Westminster, where he took part in a number of official meetings, most notably with Lord Tariq Ahmad, Minister of State for the Middle East; Sarah Mackintosh, Deputy National Security Adviser, who has responsibility for the Middle East; and with Parliamentarians, organised by the All Party Parliamentary Group to the Holy See.

The Patriarch was accompanied by Archbishop Paul Boulos El-Sayah; His Excellency Rami Mortada, Ambassador of Lebanon to the United Kingdom; and Mr Maran Francis, Counsellor at the Lebanese Embassy. In recent days, His Beatitude has also met with representatives of various Lebanese parties at the Maronite Parish in London, for which meeting he was accompanied by Abbot Hadi Mahfouz, General Superior of the Lebanese Maronite Order, and Father Fadi Kmeid, Maronite parish priest in London.

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India is about to pass China as the world’s most populous country

Story by Marquise Francis — AFP — India is expected to surpass China and become the world’s most populous nation within the next three months, according to a recent report by the United Nations’ population division, marking a seismic shift on the global stage in a trend with significant social and economic impact for both countries. “Most people think India’s economy is still a fraction of what it could be in the future, which means there’s so much promise,” Dr. Audrey Truschke, an associate professor of South Asian History at Rutgers University, told Yahoo News, adding that much of the potential is due in large part to India being “such a young country.”

Of the rapidly growing 1.41 billion people in India, about 1 in 4 are under the age of 15 and nearly half are under 25. By comparison, China’s population is about 1.45 billion, but those under 25 make up only a quarter of the population. “The Indian subcontinent has always supported a robust human population,” Truschke said. “India has also long been compared to China, and they have for a long time traded with one another. So as much changes over the course of human history, that’s something that recurs — both the dense population of the subcontinent, as well as the comparison with China.” Since 1950, India and China have accounted for an estimated 35% of the world’s population growth, with China emerging as a global industrial power. Combined, the two population epicenters are a significant slice of the world’s roughly 8 billion people.

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Instagram is going back to its roots

By Brad Kallet, Editor at LinkedIn News – Your Instagram navigation bar is going to look a bit different in February. Beginning next month, the Meta-owned social media giant is going to put the Compose button (the + sign) back in the center of the navigation bar, and the Reels button will be moved to […]

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Lebanese Hezbollah condemns Charlie Hebdo cartoons in France

BEIRUT (AP) — Lebanon’s militant Hezbollah group on Tuesday condemned the cartoons published recently by the French satirical magazine Charlie Hebdo that mocked Iran’s ruling clerics and urged France to punish the publication. The Iran-backed Hezbollah said the offensive caricatures were an “ugly act by the magazine” that targeted Iran’s Supreme Leader Ayatollah Ali Khamenei, […]

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US sales drive Rolls Royce to record

By Alessandra Riemer, Editor at LinkedIn News, Record-high inflation doesn’t seem to be driving away buyers in the luxury auto market, especially in the U.S. British carmaker Rolls-Royce made about 35% of its sales across the pond last year, at an average $534,000 a pop. The BMW-owned company also sold the most vehicles in its […]

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Irregular migrants from Lebanon +176% in 2022, UN

(ANSAmed) – BEIRUT, JANUARY 9 – The number of people who attempted last year to reach Europe from Lebanon irregularly increased by 176%, according to figures just released by the Beirut office of the UN Refugee Agency UNHCR. UNHCR spokesperson Lisa Abou Khaled was quoted as saying by French-language Lebanese daily L’Orient-Le Jour that from […]

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Saudi Arabia set to overtake India as fastest-growing major economy this year

by arabnews.com — NIRMAL NARAYANAN — RIYADH: Saudi Arabia is set to overtake India as the fastest-growing major economy in 2023, driven by gains from energy prices. According to official data released by India’s Ministry of Statistics and Program Implementation, Saudi Arabia is expected to outpace India with 7.6 percent gross domestic product growth as the rising revenues from higher energy prices continue to bolster the Kingdom’s economy. This puts India in the second position with an expected GDP growth rate of 7 percent in the fiscal year ending March, as weakening demand has hampered the growth prospects of Asia’s third-largest economy. “The growth in real GDP during 2022-23 is estimated at 7 percent, compared to 8.7 percent in 2021-22,” said the Indian ministry in a statement.

The Indian government is using this estimate to decide its spending priorities in the upcoming union budget that will be presented on Feb.1, 2023, which will also be the last full-year expenditure plan of Prime Minister Narendra Modi’s government before elections in 2024. Even though India started the ongoing fiscal year on a good note, monetary policies adopted by the Reserve Bank of India to combat inflation have apparently tampered with the growth curve of the nation. India’s central bank, which has raised its benchmark rate by 225 basis points so far this fiscal year, is expected to announce further hike after its policy review meeting scheduled between Feb. 6 to 8.

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AI got $1.37B of investments last year

By Ruiqi Chen, Editor at LinkedIn News — OpenAI’s expected $29 billion valuation is only the latest signal of the artificial intelligence craze even as the tech industry faces layoffs and tough economic conditions. Investors funneled more money into generative AI companies in 2022 than in the previous five years combined, reaching a total of […]

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