A container ship belonging to Cosco, the Chinese state-owned shipping group, recently docked in north Lebanon’s port of Tripoli. It was the first vessel to sail Cosco’s newly established China-Tripoli maritime route, following the French shipping company CMA CGM, which has also begun a China-Tripoli line. Lebanon hopes the arrival of Chinese ships augur Beijing’s interest in the country’s neighbour — Syria.
Bitcoin hit its highest valuation a year ago, reaching above £15,000 on some exchanges. Since then, a unit of the cryptocurrency has dropped 80% and is valued at less than £3,000. Sky News has learned that hundreds of businesses are being dragged down with Bitcoin's value, and with them mortgages and even marriages.
Tens of thousands of surplus government employees and security personnel need to be laid off or assume other vacancies if the next Cabinet wants to cut waste and reduce the budget deficit, economists and experts said Tuesday.