BEIRUT (AP) — The International Monetary Fund gave a grim assessment Thursday of Lebanon’s prospects for getting out of its deepening financial crisis, saying that without reforms, the country is …
IMF: Lebanon in ‘very dangerous situation’ with reforms stalled
The International Monetary Fund on Thursday warned that Lebanon was in a very dangerous situation one year after it committed to reforms it has failed to implement and urged the Lebanese government to …
IMF warns without reforms, Lebanon could see hyperinflation
BEIRUT (AP) — The International Monetary Fund gave a grim assessment Thursday of Lebanon’s prospects for getting out of its deepening financial crisis, saying that without reforms, the country is …
Israeli-Saudi Intelligence Ties Stirred, Not Shaken by Iran Rapprochement
Pierre Gemayel, the courtly leader of the right-wing Phalange Party, Lebanon’s strongest Christian political group, made what seemed at the time to be a shrewd move.
As Economy Worsens, Lebanese Juggle Dizzying Rates for Devalued Pound
As Lebanon’s economy continues to collapse, an array of exchange rates for local pound has emerged, complicating personal accounting and dimming hopes of fulfilling reform requirement set out by Inter …
Arab countries considering financial deposits to help Lebanon
Lebanon used to receive large amounts of money as aid, but the country has been struggling with a financial crisis and political obstacles that have stalled developmental projects. Due to this, …
Lebanon banking chief maintains innocence in European embezzlement probe
He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad … Join hundreds of Middle East professionals with Al-Monitor PRO. Business and policy professionals use …
Lebanon banking chief maintains innocence in European embezzlement probe
He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad … Join hundreds of Middle East professionals with Al-Monitor PRO. Business and policy professionals use …
Popular Lebanon City sandwich shop closing, looking for new ownership
After over 70 years in business, a downtown Lebanon favorite lunch spot, Gus Deraco’s Italian Sandwiches will be closing down. Located at 714 Cumberland St., the restaurants last day will be on March …
European team ends questioning of Lebanon Central Bank chief
BEIRUT (AP) — A European legal team on Friday wrapped up two days of questioning of Lebanon’s Central Bank chief in Beirut in a money-laundering probe linked to the governor, officials said. Several …