Exceptional Lebanon to slash official trade fee from Nov. 1, finance min suggests

BEIRUT, Sept 28 (Reuters) – Lebanon designs to slash its formal exchange fee, replacing the 1,507 per dollar level adopted 25 decades ago with a rate of 15,000 in a stage towards unifying numerous trade prices, the finance minister explained to Reuters on Wednesday.

Soon after saying the go would arrive into impact on Nov. 1, the ministry later mentioned the move was conditioned on the acceptance of a plan to handle the crisis, which is less than discussion in parliament.

The Lebanese pound has plunged by extra than 95% from the formal rate considering that Lebanon fell into money

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Who still thinks members of Congress should be able to trade stocks

I was in Washington D.C. this past week and you could almost feel the strife in the brisk January air, with the endless squabbling over President Biden’s stalled Build Back Better plan being Exhibit A.

And yet I did find instances of bipartisanship, featuring some strange bedfellows the likes of which I hadn’t seen since Representative Alexandria Ocasio-Cortez and Senator Ted Cruz briefly aligned on Twitter last year during the meme stock brouhaha — before AOC kicked Ted to the curb, 67 minutes later.

Here too the common ground is about stock trading. But in this case, it’s much closer

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