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Tag: Lebanon

Posted on March 16, 2023

From acclaim to blame: Lebanon’s bank chief Riad Salameh

Warning signs’ – In 1993, Salameh was installed as central bank governor, a post in sectarian Lebanon reserved for a Maronite Christian. He was nominated by then prime minister Rafic Hariri, a wealthy …

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Posted on March 16, 2023

Lebanon gas leak repaired, residents cleared to return

UPDATE 7:52 a.m. (3/16/23) – According to the Lebanon Fire Department, the gas leak has been repaired and residents are cleared to return to their homes. UPDATE 9:52 p.m. – While Summit Natural Gas …

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Posted on March 16, 2023

Lebanon man, woman arrested in connection with burglary

A Lebanon man and woman were taken into custody Tuesday, March 14, after the Linn County Sheriff’s Office responded to a call about a burglary in progress in the 36000 block of Cold Springs Road near …

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Posted on March 15, 2023

Lebanon central bank chief snubs European investigators

The complaint requests the three be arrested, their property seized and their bank accounts frozen in Lebanon and abroad, according to the source, as well as the accounts of their spouses and minor …

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Posted on March 15, 2023

Lebanon’s pound hits a new low as banks go back on strike

BEIRUT (AP) — Lebanon’s embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country’s banks went back on …
Posted on March 15, 2023

Lebanon’s pound hits a new low as banks go back on strike

BEIRUT (AP) — Lebanon’s embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country’s banks went back on …
Posted on March 15, 2023

World Bank sets conditions for Lebanon to access electricity funding

Lebanon has to audit its state electricity company among other reforms the World Bank has required before it will consider funding Lebanon’s worn-down electricity sector, the bank’s regional vice …
Posted on March 15, 2023

World Bank sets conditions for Lebanon to access electricity funding

Lebanon has to audit its state electricity company among other reforms the World Bank has required before it will consider funding Lebanon’s worn-down electricity sector, the bank’s regional vice …
Posted on March 15, 2023

As corruption probes converge, support for Lebanon cbank governor frays – sources

Top-level political backing for Lebanon’s central bank governor Riad Salameh is starting to fray, political sources say, as the veteran financier once hailed as a banking wizard faces several …
Posted on March 15, 2023

As corruption probes converge, support for Lebanon cbank governor frays – sources

Top-level political backing for Lebanon’s central bank governor Riad Salameh is starting to fray, political sources say, as the veteran financier once hailed as a banking wizard faces several …

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