The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
No Result
View All Result

Home World

UN concerned about the deteriorating situation in Lebanon..European Union: Time is running out

The News GlorybyThe News Glory
26/08/2021


The United Nations spokesman said today, Thursday, that the Secretary-General of the International Organization, Antonio Guterres, expressed his grave concern today, Thursday, about the deteriorating economic and social situation in Lebanon, and called on “all political leaders to urgently form an effective national unity government.”

Spokesman Stephane Dujarric said Lebanon is in dire need to form a government “to achieve justice and accountability and alleviate (suffering)…and lead an ambitious and effective path to reform in order to restore access to basic services, restore stability, support sustainable development and stimulate hope for a better future.”

Earlier, the European Union ambassador in Beirut said today, Thursday, that the European Union is deeply concerned about the rapid deterioration in the Lebanese crisis and informed the Lebanese leaders that the time for action has run out, and urged them to form a government.

This reflects growing concern over the sharp deterioration of the situation in Lebanon, where the two-year financial meltdown reached its climax last month as fuel shortages paralyzed a large part of the country, causing chaos and numerous security incidents.

“We are deeply concerned about the rapid deterioration in the economic, financial, security and social crisis,” Ambassador Ralph Tarraf said after meeting President Michel Aoun to convey an urgent message from Josep Borrell, the bloc’s foreign policy chief.

He added that the European Union continues to provide great assistance to the Lebanese people, but the Lebanese decision-makers, who failed to agree on the formation of a new government over the course of a year, need to live up to their responsibilities. He said in his statements that there is no more time.

Last week, an international support group comprising France and the United States said the accelerating crisis underscores the urgent need to form a government capable of taking charge.

The crisis led to a drop in the value of the Lebanese currency by more than 90 percent, and pushed more than half of the Lebanese people into poverty and prevented depositors from checking their accounts. The World Bank described the situation as one of the worst crises in modern times.

The United Nations Children’s Fund (UNICEF) has warned that more than four million Lebanese may face severe water shortages, or water may be cut off completely, due to the severe fuel crisis.

Since the summer of 2019, Lebanon has witnessed an accelerating economic collapse, exacerbated by the horrific explosion of the Port of Beirut on the fourth of August, and the measures to confront the Corona virus.

In March 2020, the country failed to pay its foreign debts, and then began negotiations with the International Monetary Fund on a recovery plan that was later suspended due to differences between the Lebanese negotiators.

.

Share on FacebookShare on Twitter
The News Glory

The News Glory

The News Glory is one of the best news providers in India, we bring you stories on world news, India News, Business, Politics, Technology, Gadgets, Finance and Entertainment. Follow us for special features.

Related Posts

20221212 gaf rk68 058
World

The Russian Embassy in the United States indicated the true “victims” of Western sanctions

27/01/2023
63d34d5e77a5377e432b03f9
World

They denounce the son of ‘Chato’ Barraza for not taking care of his ex-partner when he is close to giving birth

27/01/2023
?appId=21791a8992982cd8da851550a453bd7f&quality=0
World

Mistake: pranksters give stop sign to cop

27/01/2023

Popular

63d34d5e77a5377e432b03f9

They denounce the son of ‘Chato’ Barraza for not taking care of his ex-partner when he is close to giving birth

27/01/2023
934809

Padma award to 8 people from Karnataka – Assembly elections due?

27/01/2023
?appId=21791a8992982cd8da851550a453bd7f&quality=0

Mistake: pranksters give stop sign to cop

27/01/2023

Editors Pick

ER1 9872

Japan imposes sanctions on the export of radioactive materials and medical devices

27/01/2023
pic

Jamuna: Senior actress Jamuna passes away

27/01/2023
pic

Wall posters on TDP sarpanch.

27/01/2023

About

The News Glory

The News Glory: Get up-to-date Latest Breaking News from Politics, Business, Technology, Entertainment, Sports & Much More Around India and World.

Categories

  • Automobile
  • Business
  • Education
  • Entertainment
  • Featured
  • Gadgets
  • Health
  • India
  • Lifestyle
  • News
  • Politics
  • Sports
  • Tech
  • Viral
  • World

Recent Posts

  • Congress sends door-to-door letters pointing out central government’s failures
  • Secunderabad: Demolition of Secunderabad Deccan Mall building started
  • The Russian Embassy in the United States indicated the true “victims” of Western sanctions
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions

Copyright © 2023 The News Glory - All Rights Reserved

No Result
View All Result
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral

Copyright © 2023 The News Glory - All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.