العربية
Business

Canada’s Carney touts Philippine trade deal on Asia tour

Canadian Prime Minister Mark Carney announced a new trade agreement with the Philippines, aiming to lessen reliance on the United States amid trade tensions.

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IMF Says More Work Needed on Lebanon Reforms

The International Monetary Fund said on Friday that more work was needed to reach an agreement on restructuring Lebanon's banking sector, one of the steps towards unlocking billions of dollars in financial assistance. An IMF staff-level agreement reached in April 2022 laid out conditions to unlock assistance, including a law on the distribution of losses in the banking sector, known as the financial gap law, which parliament has still not voted on.

Asharq Al-Awsat English