Public anger has been directed at the banks, largely owned by the country’s oligarchs and ruling families, lending vast sums to the government to finance handouts to the plutocracy, while imposing …
Governor of Lebanon’s Central Bank and 2 others charged with corruption, embezzling public funds
Since 2019, Lebanon has been in the throes of the worst economic and … and that he had a fortune worth $23 million, plus property he had acquired and “wisely invested” in to grow his wealth, before …
Lebanon’s Central Bank Governor Charged with Corruption in Final Months of Term
Beirut’s public prosecutor on Thursday charged the governor of Lebanon’s Central Bank, Riad Salameh, his brother and an associate with corruption, Lebanese officials said. According to two judicial …
Rising poverty and hunger in Lebanon: The fight against malnutrition for low-income families
The Lebanese lira has lost about 97 percent of its value, and more than 80 percent of the population live below the poverty line. Millions of people are struggling to make ends meet amid the financial …
Wertz Candies, a Lebanon tradition for nearly a century, is looking for a buyer
Wertz Candies, a name synonymous in Lebanon County with handmade opera fudge, caramel corn, jelly-filled chocolates and other yummy treats for nearly a century, is looking for a buyer to take over the …
Turkey hit by 6.4 magnitude earthquake just weeks after disaster
Turkey and northern Syria were rocked by a new earthquake of 6.4 magnitude tonight, sending buildings swaying as far away as Lebanon and Egypt. It was less violent than the 7.8 magnitude earthquake that hit southwestern Turkey two weeks ago, and much …
Syrian refugees in Lebanon turn to TikTok ‘begging’ for money
Users in Lebanon are instead turning to private cash withdrawal agencies … covering the top political, security, business and tech issues across the region each week. Delivered straight to your …
West Lebanon supply store becomes employee-owned
Owners of a popular supply store in the Upper Valley are calling it quits, but the new owners already have a good handle on the way things work.
Where people in Lebanon are looking to buy homes
Stacker compiled statistics about where people in Lebanon are looking to buy homes using data from Realtor.com.
Banks burn in Lebanon as exchange rate falls to historic low
Inflation in Lebanon increased by more than 189% between January and … Join hundreds of Middle East professionals with Al-Monitor PRO. Business and policy professionals use PRO to monitor the …