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The 2024 Lebanon blackout is an ongoing total nationwide power outage across Lebanon that began on 17 August 2024 due to the state electricity company of Lebanon, Électricité du Liban, running out of fuel reserves for its power plants.
Considering the current economic situation in Lebanon, a judge has reportedly halted an order of assets freezing of 20 banks, including their directors. The judge explained the reason for suspending the order, stating that he wants to first learn how the order could affect Lebanon's current economic position. [341] [342]
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.
Nike Inc. Total Revenue: $46.710 billion. Nike Brand: $44.436. Converse: $2.346 billion. Corporate: $72 million. Footwear is by far the most important segment to Nike, contributing over 62% of the ...
The dawn of a new and sportier Nike is imminent, the sportswear giant's new leader says. Nike CEO Elliott Hill, who took the helm in October, outlined plans to revamp the sneaker giant in a ...
Nike stock sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.The shoe giant ...
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October 17 – Four people are killed by Israeli soldiers at the border with Lebanon after they tried to cross the fence at the border. [44] October 18 – Saudi Arabia tells its citizens to immediately leave Lebanon due to the deteriorating security situation in southern Lebanon. [45]