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Monday, Aug 21

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Lebanon played major role in foiling Sydney terror plot: Machnouk

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Lebanon played a major role in foiling a recent terror plot to blow up an Emirati airplane filled with 400 passengers bound for Abu Dhabi from Australia, Interior Minister Nouhad Machnouk said Monday.

Lebanon’s three largest banks growing slowly: report

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Cairo-based investment bank EFG Hermes expects Lebanon’s three largest banks to record a slight increase in customer deposits at the end of 2017 despite the challenges in the country.

Sterling struggles after worst week since early June

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Sterling edged up against a broadly weaker dollar Monday, but lost more ground against the euro as doubts around U.K. economic growth and Brexit talks continued to weigh on the currency.

Total to buy Maersk Oil, expand in North Sea

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French oil company Total agreed Monday to buy the oil & gas division of Danish conglomerate AP Moller-Maersk for $7.45 billion, in a deal that will shore up its position in the deep waters of the North Sea.

Yellen, Draghi head to Jackson Hole with prices missing goal

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As top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.

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Army gears up for final push as funerals held

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The Lebanese Army’s engineering unit Monday worked to clear the liberated areas in the outskirts of Ras Baalbeck and Al-Qaa from landmines and IEDs as it prepared for the final push in its offensive against Daesh (ISIS).

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Hezbollah and the Syrian Army push against Daesh

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Hezbollah and the Syrian army advanced Monday against Daesh (ISIS) positions on the Syrian side of the Lebanese-Syrian border, in the outskirts of western Qalamoun

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RECAP: Day 3 of Fajr al-Joroud operation

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As the Lebanese Army's Fajr al-Joroud offensive against Daesh (ISIS) militants on the northeastern border around Ras Baalbeck and Al-Qaa entered its third day Monday, the Army prepared the ground for the final phase of the offensive and…

Sunday, Aug 20

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Six reported killed as rocket strikes entrance to Damascus trade fair

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Six people were reported killed Sunday when a rocket hit near an international trade fair being held in the Syrian capital for the first time in five years.

Army secures swift gains over Daesh

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The Lebanese Army had liberated two-thirds of Daesh- (ISIS) occupied territories on the outskirts of Ras Baalbeck and Al-Qaa by Sunday evening.

America’s elites respond to Trump with cowardice

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Much of America has reacted swiftly and strongly to Donald Trump’s grotesque suggestion that there is a moral equivalence between the white supremacists who converged on Charlottesville, Virginia, and those who protested against them.

Shell to consider buying Israeli gas for Egypt

Royal Dutch Shell PLC is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.

Defense firms eye billion-dollar chance for ‘made in India’

India has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armored vehicles, submarines and helicopters but it will only sign the checks if they are made in India.

U.K. cranks up pressure on EU to turn Brexit talks to trade

The U.K. is piling pressure on the European Union to shift the focus of Brexit negotiations away from the terms of divorce and onto their future relationship.

Pound vulnerable as U.K. prepares to provide Brexit plan details

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Brexit may dominate factors influencing the pound’s fortunes again this week, with the U.K. set to lay out its position in at least three areas of talks with the European Union.

Business can fill Trump leadership vacuum

Are we entering a new era of the statesman chief executive? It’s a question worth asking after the disbanding of President Donald Trump’s two major business councils last week.

Readying to authorize ‘ringfenced’ U.K. banks

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Regulators at the Bank of England are quietly getting ready to authorise the creation of the three largest new banks to come into existence in the UK.

China has more to lose in US trade showdown: report

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The immediate impact of any trade war between the US and China would be worse for Beijing, according to export data analysed in a new report on multinational companies’ exposure to the Chinese market.

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NAFTA negotiators wrap up first round of talks

Trade negotiators from the United States, Canada and Mexico on Sunday wrapped up the first round of talks to revamp the NAFTA trade pact, amid signs that an ambitious schedule to conclude negotiations by early 2018 could slip in the coming…

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3 Lebanese Army soldiers killed, 1 critically wounded

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Three Lebanese Army soldiers were killed and one critically wounded Sunday, when a landmine destroyed their vehicle on the Dowar al-Najasa road on the outskirts of Arsal, according to the Army

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Statue of Saint Charbel begins pilgrimage to Faraya

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Lebanon’s largest statue of Saint Charbel began its pilgrimage from the Jounieh town of Haret Sakhr to its installation site early Sunday, state media reported

Hezbollah's Safieddine warns of potential security threats

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Head of Hezbollah’s Executive Council Hashem Safieddine warned of lurking security threats in Lebanon, state media reported Sunday

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Three soldiers killed in offensive against Daesh

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Three Lebanese soldiers were killed and one wounded Sunday after their vehicle detonated a landmine on the Dowar al-Najasa road near the border town of Arsal, the Lebanese Army announced in statement.

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RECAP: Day 2 of Fajr al-Joroud operation

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The Lebanese Army’s Fajr al-Joroud (Dawn of the Outskirts) offensive entered its second day Sunday, inflicting casualties on the Army as it advanced on positions held by Daesh (ISIS) militants in the outskirts of the northeastern towns of…

Iraqi forces start operation to retake Tal Afar from Daesh

Iraqi security forces launched Sunday an offensive to take back the city of Tal Afar, their next objective in the U.S.-backed campaign to defeat Daesh (ISIS) militants, Prime Minister Haider al-Abadi said

Saturday, Aug 19

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Palestinian in West Bank attack bid killed: Israel police

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A Palestinian teenager who tried to attack an Israeli border guard in the occupied West Bank with a knife on Saturday was shot dead, an Israeli police spokeswoman said.

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20 Daesh killed, 10 Lebanese Army wounded - 1 critical - in first day: Army spokesperson

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20 Daesh killed, 10 Lebanese Army wounded - 1 critical - in first day: Army spokesperson

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Shelling causes widespread fires near south Lebanon's Ain al-Hilweh camp

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South Lebanon’s Ain al-Hilweh Saturday saw intense shelling from Fatah Movement against extremists and the withdrawal of Hamas Movement from the coalition of Palestinian parties maintaining security in the camp, a source told The Daily Star

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Daesh members surrender to Hezbollah in Syria

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Militants from Daesh (ISIS) have started to lay down their arms and surrendered to Syrian and Hezbollah forces Saturday after a major offensive in Syrian Qalamoun near the Lebanese border, the party's War Media Center reported

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Expected course of battle: bombardments followed by ground push

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The Army is expected to pound Daesh (ISIS) fortifications before commencing a gradual ground advance towards fortified positions.