Citigroup Relocates Employees Amid Escalating Conflict in Lebanon
2 months ago
In response to the escalating violence and unrest in Lebanon, Citigroup has initiated the relocation of selected staff from the region. The decision comes as hostilities continue to rise, impacting both the safety of employees and the stability of operations in the area.
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Economic Impact of Israel-Lebanon Strikes: Assessing Hezbollah's Toll on Lebanon
2 months ago
In the wake of ongoing military operations between Israel and Hezbollah, Lebanon finds itself grappling with a staggering financial burden estimated at $20 billion. This figure stems from the extensive damage and disruptions caused by the strikes, initiated amid heightened tensions in the region. The conflict has had reverberating effects on Lebanon’s already fragile economy, which has been struggling with political instability and a severe financial crisis for years.
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