The United Nations has repealed rights to vote of six countries including South Sudan, Equatorial Guinea and Gabon over arrears on dues to operating budget of the global organization. The three African countries, in addition to Dominica, Venezuela and Lebanon, have lost their rights to vote per charter of the organization. Members whose arrears equal […]
Tag: arrears
Turkish energy company shuts down supply to Lebanon over arrears
Karpowership, a Turkish company which supplies Lebanon with a quarter of its energy needs, has shut down this Friday its two floating stations over failure by the Middle East country marred in financial crisis, to pay its arrears, Reuters reports. A source knowledgeable of the matter but who required anonymity told Reuters that the company […]

