Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with a rate of 15,000 in a step towards unifying numerous exchange rates, the finance …
Crisis-hit Lebanon to devalue currency by factor of 10
Lebanon, in deep financial crisis, will dramatically devalue its currency, the finance ministry said on Wednesday, bringing it closer to its rate on the black market, where the pound has plummeted.
Crisis-hit Lebanon to devalue currency by factor of 10
Lebanon, in deep financial crisis, will dramatically devalue its currency, the finance ministry said on Wednesday, bringing it closer to its rate on the black market, where the pound has plummeted.
IMF bailout a long way off for Lebanon despite passage of 2022 budget
Bilal Hussein Soldiers scuffle with retired army members as they try to enter to the parliament building while the legislature was in session discussing the 2022 budget in Beir …
‘Don’t leave me’: Survivor recounts Lebanon boat sinking
Now, he’s one of dozens of survivors from a capsized migrant boat that left Tripoli, Lebanon last week heading toward Italy carrying some 150 Lebanese, Syrians and Palestinians. “Some people who …
Face forward: Young Palestinian refugee pursues a dream in Lebanon
I go to the salon overly excited and happy because I love my work,” said Hanine, who is a refugee from Palestine. “I am feeling very blessed that I am able to do it and that I had the opportunity to …
Roundup: Lebanon’s approved 2022 budget falls short of promised reforms: experts
The 2022 budget approved on Monday by the Lebanese parliament falls short of the promised reforms that would pave the way for a deal with the International Monetary Fund (IMF), experts said. The …
Early morning house fire in Lebanon displaces 10 residents
Fire crews were called to 46 N. 12th St. on Monday at around 6:50 in the morning in response to reports of smoking coming from the attic.
Recent Lebanon County obituaries for week of September 26
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In Lebanon, boat tragedy kills 94 but others plan to migrate
Thousands of Palestinians held prayers on a small soccer field in a refugee camp in northern Lebanon on Saturday, to mourn one of the scores of migrants who died after their boat sank off Syria’s …