{"id":567832,"date":"2020-12-08T04:02:40","date_gmt":"2020-12-08T04:02:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/"},"modified":"2020-12-08T04:02:40","modified_gmt":"2020-12-08T04:02:40","slug":"around-the-world-on-8-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/","title":{"rendered":"Around the world on 8 December 2020"},"content":{"rendered":"<p><strong>Lebanon is hurtling towards a social and economic catastrophe<\/strong> as the country\u2019s resources to cover subsidies of basic goods are expected to dry up within two months, UNICEF and the ILO warned, according to <a href=\"https:\/\/www.reuters.com\/article\/lebanon-crisis-subsidies-unitednations\/as-lebanon-subsidy-crunch-looms-u-n-agencies-warn-of-social-catastrophe-idUSKBN28H1FE\">Reuters<\/a>. The Lebanese central bank had been subsidizing basic goods by providing foreign currency to importers at a discount amid the country\u2019s worst economic crisis since the civil war, with the World Bank predicting more than half the Lebanese population could fall under the poverty line by 2021.<\/p>\n<p><strong>Trump administration prepares parting China sanctions:<\/strong> The US could impose financial sanctions and asset freezes on up to 14 Chinese officials in the coming days over their alleged role in disqualifying opposition lawmakers in Hong Kong, according to <a href=\"https:\/\/www.reuters.com\/article\/us-usa-china-sanctions-exclusive\/exclusive-u-s-preparing-new-sanctions-on-chinese-officials-over-hong-kong-crackdown-sources-idUSKBN28H039\">Reuters<\/a>. The possible move comes as Donald Trump looks to maintain pressure on Beijing during his last weeks in office. Stock markets in Asia inched downwards as investors anticipated further deterioration in US-Sino relations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lebanon is hurtling towards a social and economic catastrophe as the country\u2019s resources to cover subsidies of basic goods are expected to dry up within two months, UNICEF and the ILO warned, according to Reuters. The Lebanese central bank had been subsidizing basic goods by providing foreign currency to importers at a discount amid the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7328],"tags":[222,116,984,72,293,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567832","post","type-post","status-publish","format-standard","hentry","category-around-the-world","tag-around-the-world","tag-china","tag-donald-trump","tag-enterpriseam","tag-hong-kong","tag-us","wpautop","entry"],"acf":{"mongo_id":"d3be8923-447e-485f-aa58-b6551ef02bbe","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567806],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Around the world on 8 December 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Around the world on 8 December 2020\" \/>\n<meta property=\"og:description\" content=\"Lebanon is hurtling towards a social and economic catastrophe as the country\u2019s resources to cover subsidies of basic goods are expected to dry up within two months, UNICEF and the ILO warned, according to Reuters. The Lebanese central bank had been subsidizing basic goods by providing foreign currency to importers at a discount amid the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T04:02:40+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Around the world on 8 December 2020\",\"datePublished\":\"2020-12-08T04:02:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Around the World\",\"China\",\"Donald Trump\",\"EnterpriseAM\",\"Hong Kong\",\"US\"],\"articleSection\":[\"AROUND THE WORLD\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\",\"name\":\"Around the world on 8 December 2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-08T04:02:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Around the world on 8 December 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Around the world on 8 December 2020 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/around-the-world-on-8-december-2020\/","og_locale":"en_US","og_type":"article","og_title":"Around the world on 8 December 2020","og_description":"Lebanon is hurtling towards a social and economic catastrophe as the country\u2019s resources to cover subsidies of basic goods are expected to dry up within two months, UNICEF and the ILO warned, according to Reuters. 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Egypt is eager for Hong Kong and Chinese\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1604.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563230,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/23\/cairo-is-still-one-of-the-worlds-more-affordable-cities-for-expats\/","url_meta":{"origin":567832,"position":2},"title":"Cairo is still one of the world\u2019s more affordable cities for expats","author":"enterpriseam admin","date":"23 June 2021","format":false,"excerpt":"Cairo is one of the least expensive cities for expats in the world, according to an annual cost-of-livingsurveyby HR consulting firm Mercer. The nation\u2019s capital was ranked 137 out of 209 global cities in the annual report, down 11 spots from 2020. 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