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Jumblat Says Khalil's Austerity Measures 'Better than Suicide'

Progressive Socialist Party leader ex-MP Walid Jumblat noted Monday that the austerity measures proposed by Finance Minister Ali Hassan Khalil remain "better than suicide."

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BDL Strike Threatens to Spark Fuel Crisis

The Syndicate of Gas Station Owners in Lebanon warned Monday of a fuel shortage crisis in connection with the open-ended strike declared by the central bank's employees over proposed cuts to their benefits. 

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Lebanon Stock Trading Suspended over Central Bank Strike

The Beirut Stock Exchange suspended trading on Monday due to an open-ended strike declared by the employees of Lebanon's central bank, adding to the country's economic crisis as the government discusses an austerity budget to avoid an economic crash.

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Budget Discussions Resume in Parallel with BDL Protests

The Cabinet convened at the Grand Serail on Monday to resume austere budget discussions marred by labor street protests and open-ended strike announced by state employees of the Banque du Liban that is threatening to paralyze the country’s banking sector.

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Israel Resumes Military Road Expansion, Conducts Flights over Nabatieh

The Israeli forces have resumed the construction and expansion of the military road leading to Hunin military site by lifting earth mounds with bulldozers, the state-run National News Agency reported on Monday.

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Berri Warns Delay in Budget Has Negative Repercussions

In light of wide labor strikes protesting the government's reported plans to introduce salary cuts as part of austerity measures, Speaker Nabih Berri warned about any further delay in approving the country’s 2019 state budget, al-Joumhouria daily reported on Monday.

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Report: Underway Efforts to End Strike of BDL Employees

Intensive contacts are underway to end an open ended strike launched by the syndicate of Banque du Liban employees in a bid to “avoid the repercussions of the strike on the overall banking transactions,” al-Joumhouria daily reported on Monday.

According to sources quoted by the daily, President Michel Aoun has “encouraged the ongoing efforts in this direction to ensure the resumption of normal movement in the exchange market, the clearing room,where transactions are settled between banks, to prevent a reduction in the circulation volume of Lebanese and foreign currencies in the market,” they said.

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Foreign Domestic Workers in Lebanon Protest Abuses

Hundreds of foreign domestic workers demonstrated in the Lebanese capital Sunday to demand the scrapping of a sponsorship system that they complain leaves them open to abuse from employers.

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Berri Meets PSP, Hizbullah in Reconciliation Effort

Speaker Nabih Berri met Sunday afternoon with officials from Hizbullah and the Progressive Socialist Party in an attempt to mend ties between the parties.

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Bassil Says World Wants to 'Weaken, Subjugate' Lebanon through Economy

Free Patriotic Movement chief and Foreign Minister Jebran Bassil warned Sunday that the world wants to "weaken and subjugate" Lebanon through the economy.

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