International

Prime Minister of Israel promises to continue even after election shortage

Israel

Netanyahu says enemies stole election

JERUSALEM A provocative Israeli Prime Minister, Benjamin Netanyahu, said on Saturday that he was going nowhere, even after missing the parliamentary majority with his die-hard allies again in his country's third election one year old. Convening what he called an emergency conference, Netanyahu accused his opponents of trying to steal the elections by aligning himself with the Arab-led parties he has says hostile to the state. The election results appeared to prolong the country's political stalemate for a year and weaken the longtime chief as he prepares to be tried for corruption by the end of the month. Netanyahu, in trouble, was looking for a decisive victory in Monday's vote. But a final tally announced by the electoral commission determined that while the Netanyahus Likud party emerged as the largest individual party, with its small allies, its right-wing bloc won only 58 seats, far short of the majority of 61 seats. (AP)

Lebanon

Countries to stop paying on loans

BEIRUT Lebanese Prime Minister said on Saturday that the government would suspend the payment of $ 1.2 billion in loans, marking the first default on the sovereign debt of the country affected by the crisis amid popular unrest. Hassan Diab made the announcement in a televised speech to the Lebanese people, saying that the country will try to restructure its massive debt. The $ 1.2 billion Eurobond expires on Monday. The default marks a new chapter in the crisis and could have serious repercussions on the small country, risking legal action by lenders which could worsen and push the Lebanese economy towards financial collapse. The currency has already lost up to 60% of its dollar value on the black market and banks have imposed crippling capital controls on withdrawals and cash transfers. Mr Diab said that Lebanese debt reached $ 90 billion, or 170% of GDP, making it one of the highest in the world. He added that the total debt and interest that Lebanon had to repay in 2020 is $ 4.6 billion. (AP)

Pakistan

17 dead as houses collapse in the rain

PESHAWAR Heavy rains in northwest Pakistan have caused dozens of mud houses to collapse, killing at least 17 people, mostly children, and injuring more than 30 others, an official said on Saturday. disaster management. Taimoor Khan, spokesman for the Khyber Pakhtunkhwa Province Disaster Management Authority, said at least 49 homes were partially or completely destroyed by heavy rain and thunderstorms that started on Wednesday . He added that relief supplies had been sent to the affected districts. Heavy rains and thunderstorms cause heavy damage every year in the mountainous northwest of Pakistan, where in most areas many people build mud and brick houses. (AP)

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