BEIRUT: The Lebanese government will resume negotiations with the International Monetary Fund while beginning reforms demanded by donors, according to a draft policy program that aims to tackle one of the worst financial meltdowns in history.
New Prime Minister Najib Mikati’s government will also resume negotiations with creditors over a restructuring of public debt on which Lebanon defaulted last year, the draft seen by Reuters on Wednesday said.
The government was agreed on Friday after more than a year of political conflict over seats in cabinet that left the country rudderless as more than three-quarters of the population fell into poverty and shortages crippled normal life.
The cabinet is due to meet on Thursday to approve the draft, which will then go to a vote of confidence in parliament.
Underscoring the gravity of the situation, the policy program was drawn up in a matter of days, much faster than the weeks the process has taken in the past.
The draft said the government was committed to resuming talks with the IMF for a short- and medium-term support plan.
Donors want to see Lebanon enact reforms, including measures to tackle the corruption and graft that led to the economic collapse, before they will unlock billions of dollars of assistance already earmarked for the country.
Talks with the IMF broke down last summer when Lebanon’s political elite and banking sector objected to the scale of financial losses set out in a recovery plan drawn up by the previous government.
The draft program said the Mikati government would renew and develop the previous financial recovery plan, which set out a shortfall in the financial system of some $90 billion — a figure endorsed by the IMF.
The government will also draw up a plan to “correct the situation of (the) banking sector,” which has been paralyzed since late 2019, the draft said.
Lebanon’s financial system unraveled in late 2019.
The root cause was decades of profligate spending by the state and the unsustainable way in which it was financed.
As dollars dried up, depositors were frozen out of their accounts. The value of hard currency savings has plummeted by up to 80 percent since then, with the Lebanese pound collapsing by 90 percent from a peg that had existed for more than two decades.
The program draft said the government was committed to all the articles set out in a reform initiative drawn up by France, which has been at the forefront of efforts to help Lebanon.
The government will work with parliament to pass a capital control law, the draft document said.
It also said parliamentary elections due next spring would be held on time.
Lebanon to resume IMF talks, begin reforms, draft policy statement says
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Lebanon to resume IMF talks, begin reforms, draft policy statement says
- New government will also resume negotiations with creditors over a restructuring of public debt
- The draft said the government was committed to resuming talks with the IMF for a short- and medium-term support plan
Doctor describes difficulties in separating twins joined at the skull
- “Conjoined twins are rare, as has been said, but ‘cranomalies’ are extremely rare,” Dr. Felice D’Arco said
RIYADH: A London-based medical expert at a conference in Riyadh revealed the difficulties in separating a rare form of conjoined twins in which the patients are joined at the skull.
Dr. Felice D’Arco, consultant pediatric neurologist at Great Ormond Street Hospital in London, spoke during the International Conference on Conjoined Twins on Sunday about the condition, which occurs in about one of every 2.5 million births worldwide.
“Conjoined twins are rare, as has been said, but ‘cranomalies’ are extremely rare,” he said.
For radiologists, this means there are no standardized CT and MRI scanning protocols in place for such complex cases, and very few recent cases from which to learn.
“We have protocols for everything, epilepsy, tumors, neurogenetic disorders, this is not the case for craniopagus twins because of their rarity,” D’Arco said.
Medical teams must be set in place, and there must be two of everything; two anesthetic teams, two sets of MRI monitoring, etc., the whole hospital staff is involved in what is considered as an operation taking place on two patients simultaneously, D’Arco explained.
While there is a need to standardize procedures, Dr. D’Arco acknowledged that every set of twins is unique.
“As a radiologist, you need to have the flexibility to change your protocol as needed.”
Therefore, he said, it is best to start with a series of questions relating to different critical parts of the body.
One potential issue is the bones. A dual source CT scan can inform radiologists which parts of the skull of each patient is infused, or “missing,” in the other.
Another problem is the relationship between the brains. D’Arco said that small breaches connecting the two brains, identified by 3D sequencing, present a risk that surgery will cause damage.
Considering the possible ethical and medical complications that could come up in cases in which one of the twins is at risk of dying, he said: “Sometimes you need to ask, can we separate without jeopardizing the lives of the children? These cases are complicated, baffling, and confusing.”
Riyadh Music Week to spotlight Saudi talent, creativity
- Event will include global summits, local performances, awards and cultural displays
RIYADH: Saudi Arabia's Music Commission, in collaboration with MDLBeast and the Saudi Research and Media Group, is poised to launch the inaugural Riyadh Music Week, running from Dec. 5 to 14 at various venues in the Saudi capital.
The event will spotlight the Kingdom’s growing music sector, highlighting its creative and commercial evolution. It will also serve as a platform for dialogue with international stakeholders on music policy and development.
Among the highlights is the Global Music Makers Summit, a premier gathering of industry leaders and policymakers from around the world.
The event will also celebrate Saudi traditional music, with small venues in Riyadh hosting performances to show off local musicians’ diversity and talent.
The week will also host the Music Cities Convention and Awards, which will be held in the Middle East for the first time.
Riyadh Music Week will include panel discussions, seminars and workshops led by industry experts, covering the latest global music trends.
The program incorporates key events from Riyadh’s music calendar, such as XP Music Futures, SoundStorm, and the inaugural Billboard Arabia Music Awards.
The week provides a unique platform for local and international collaboration, celebrating Saudi Arabia’s rich musical heritage and dynamic contemporary scene.
By supporting emerging and established artists, Riyadh Music Week underscores the Kingdom’s commitment to nurturing talent and growing its music industry.
The Saudi Music Commission, established in February 2020, leads this transformation, focusing on equal access to education, empowering talent and boosting the local economy.
Its efforts aim to enhance the Kingdom’s global musical identity while building world-class infrastructure and creating new industry opportunities.
Man in critical condition after stabbing on London’s Westminster Bridge
- Authorities have said that the incident is not being treated as terrorism-related
LONDON: A man is in critical condition after being stabbed during a reported fight on Westminster Bridge in central London, the Metropolitan Police confirmed on Sunday.
Emergency services, including the London Ambulance Service and an air ambulance, were called to the scene at about 10:45 UK time and an injured man was rushed to hospital for treatment.
A London London Ambulance Service spokesperson said: “We were called today (Sunday) at 10.46 a.m. to reports of an incident on Westminster Bridge, SW1.
“We sent a number of resources including ambulance crews, an advanced paramedic, an incident response officer and London’s air ambulance.
“We treated a man at the scene before taking him to hospital,” they added.
Three individuals have been arrested on suspicion of attempted murder, while a fourth has been detained for affray, the BBC reported.
Two of the arrested suspects sustained minor facial injuries and were also taken to hospital, according to police.
Authorities have said that the incident is not being treated as terrorism-related.
In March 2017, Briton Khalid Masood drove a car into pedestrians who were walking on the pavement along Westminster Bridge and Bridge Street, injuring more than 50 people, four of them fatally, before killing an unarmed police officer in the grounds of the Palace of Westminster.
He was then shot by an armed police officer, and died at the scene.
Zimbabwe stuns new-look Pakistan in rain-affected first one-day international
- Pakistan limped to 60-6 in 21 overs before rain denied further play, giving Zimbabwe 80-run win
- The hosts now have a 1-0 lead against Pakistan in the ODI series ahead of three T20 matches
BULAWAYO, Zimbabwe: All-rounder Sikandar Raza inspired Zimbabwe to a stunning 80-run win on the Duckworth-Lewis-Stern (DLS) method in the rain-affected first one-day international against a new-look Pakistan white-ball team on Sunday.
Raza made a crucial 39 runs and lifted Zimbabwe from a precarious 125-7 to 205 all out by sharing a 62-run eighth wicket stand with number nine batter Richard Ngarava, who top-scored with 48.
Under overcast conditions, Raza picked up two wickets in one over as Pakistan limped to 60-6 in 21 overs before it rained and denied further play as Zimbabwe took a 1-0 lead in the three-match series.
Pakistan’s second-string new ball bowlers – debutant Aamer Jamal and Mohammad Hasnain – couldn’t make an impact on Zimbabwe’s openers after the visitors had rested frontline pacers Shaheen Shah Afridi and Naseem Shah for the white-ball series in Zimbabwe.
Pakistan also rested its ace batter Babar Azam for the first time in an ODI since 2019 as it experimented with its bench strength ahead of next year’s Champions Trophy.
Tadiwanashe Marumani (29) flicked Jamal to square leg for a six and Joylord Gumbie (15) hit three fours against the seamers as they combined in a better than run-a-ball opening stand of 40 runs against a wayward Pakistan pace attack.
Gumbie got run out in a mix-up with Marumani in the sixth over before Pakistan came back hard through its spinners and struck at regular intervals. One of the three Pakistan debutants – left-arm wristspinner Faisal Akram took 3-24 and vice-captain Salman Ali Agha claimed 3-42 as Zimbabwe slipped to 125-7 in the 26th over.
However, Ngarava and Raza thwarted Pakistan’s spinners and pacers alike in a 69-ball stand to give the total respectability. Raza perished when he tried an expansive hit against Akram and was caught on the edge of the boundary while Ngarava was the last man to get dismissed after hitting five fours and a six when he chopped Hasnain back onto his stumps.
Fast bowler Blessing Muzarabani used the home conditions to perfection and snared the early wickets of Saim Ayub (11) and Abdullah Shafique (1), who both got caught behind inside the first three overs from the tall pacer.
Kamran Ghulam (17) and skipper Mohammad Rizwan (19 not out) couldn’t pace the chase before Pakistan lost four wickets in the space of 18 runs against the spinners. Ghulam tried to break the shackles but Sean Williams (2-12) got a thick edge and earned Marumani his third catch behind the wickets before Raza had two in three balls.
Raza pinned Salman plumb leg before wicket of his second ball and one ball later Haseebullah Khan was out for zero in his ODI debut when he played the wrong line and was clean bowled.
The three-match ODI series will be followed by three T20s with Bulawayo hosting all the matches.
68-member Belarusian delegation arrives in Pakistan to strengthen economic ties
- Belarusian President Aleksandr Lukashenko will reach Islamabad for three-day visit on Monday
- Several agreements and memorandums of understanding are expected to be signed during the visit
ISLAMABAD: A high-level Belarusian delegation arrived in Pakistan on Sunday as the two countries prepare to deepen bilateral economic collaboration, with the president of the Eastern European state, Aleksandr Lukashenko, scheduled to reach Islamabad tomorrow.
The 68-member delegation, which includes key Belarusian ministers, was received at Islamabad airport by Interior Minister Mohsin Naqvi and officials from Pakistan’s foreign ministry.
Pakistan and Belarus established diplomatic ties in 1994 and have since worked to strengthen their relationship, with recent efforts focusing on industrial and technological collaboration, trade and investment.
Belarus exports machinery, fertilizers and synthetic yarn to Pakistan, while Pakistan provides textiles, leather goods and surgical instruments to Belarus.
“On behalf of the government and people of Pakistan, we warmly welcome the Belarusian delegation,” Naqvi said in a statement circulated by the interior ministry, as he interacted with the foreign dignitaries.
“This visit is of great importance for strengthening bilateral relations and fostering collaboration in various sectors, including industry and trade,” he added.
According to Pakistan’s foreign office, the delegation includes 43 business leaders and 25 ministerial officials. It is led by Foreign Minister Maxim Ryzhenkov, who is accompanied by colleagues holding portfolios in energy, industry, justice, communications, natural resources and emergency situations.
The chairman of Belarus’s Military Industry Committee is also part of the group.
The visit of the delegation marks another step in enhancing bilateral ties, with both countries aiming to explore new avenues of cooperation.
The foreign office said in a statement on Thursday “President Lukashenko will hold extensive talks with Prime Minister Muhammad Shehbaz Sharif and discuss areas of bilateral cooperation and engagement.”
“Several agreements and MoUs [memorandums of understanding] will also be signed during the visit,” it added.
Naqvi also emphasized the significance of the visit, hoping it would further solidify the relationship between our two countries.
