BEIRUT: Formal debt restructuring talks between Lebanon and its bond holders are expected to begin in about two weeks, a source familiar with matter said on Sunday, after the heavily indebted state declared it could not meet its debt repayments.
Lebanon announced on Saturday it could not meet its debt payments, which include a Eurobond of $1.2 billion maturing on Monday, setting the state on course for a sovereign default as it grapples with a major financial crisis.
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Lebanon debt restructuring talks expected in about two weeks: source
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Lebanon debt restructuring talks expected in about two weeks: source
Israeli forces demolish Palestinian facilities in Jericho
- Israeli authorities have conducted 538 demolitions in the past 12 months, totaling 1,400 structures
- Excluding East Jerusalem, there are about 3 million Palestinians and 500,000 Israeli settlers living in the West Bank
LONDON: Israeli authorities demolished a house on Thursday in the town of Deir Al-Dik, located west of Jericho in the West Bank, and issued a demolition order for another structure east of the city.
Israeli bulldozers stormed Deir Al-Dik and demolished a house belonging to a resident of Jerusalem, claiming it was built without a permit, according to the Wafa news agency.
Forces also demolished a barracks in the city that belonged to the Abu Jarar factory and issued a demolition order for another structure related to the Sinqrat palm grove, east of Jericho.
The Wall and Settlement Resistance Commission reported that the Israeli authorities conducted 538 demolitions in the past 12 months, totaling 1,400 structures. This included 304 occupied homes, 74 unoccupied homes, 270 economic facilities and 490 agricultural facilities, primarily in Hebron, Jerusalem, Ramallah, Tubas and Nablus.
Excluding East Jerusalem, which was occupied and annexed by Israel in 1967, there are about 3 million Palestinians and 500,000 Israeli settlers living in the West Bank.
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