Jordan’s foreign minister has signalled that the kingdom has to clear more hurdles before it can begin exporting power to Lebanon under a deal that has significant geopolitical implications for the …
Explained | Lebanon’s economic meltdown and why people are robbing banks for their own money
Lebanon’s financial system has been in paralysis since 2019 with the Lebanese Pound having lost nearly 95% of its value …
A woman held a bank in Lebanon hostage to take money out of her savings to pay for her sister’s cancer treatment: ‘I have nothing left to lose’
“My sister is dying in front of me and no one wants to help us. The bank stole my money. I have nothing left to lose,” Sali Hafez said.
Depositors storm 5 banks as Lebanon’s cash crisis worsens
Friday’s raids were the most in a single day, and raised the possibility that more desperate depositors would try to extract their money by force. The break-ins reflect public anger at the banks’ …
Sabra and Shatila massacre: What happened in Lebanon in 1982?
Israeli-backed Phalange militia killed between 2,000 and 3,500 Palestinian refugees and Lebanese civilians in two days.
Depositors storm four banks as Lebanon’s cash crisis worsens
Lebanese depositors, including one armed with a hunting rifle, broke into at least four banks Friday to demand their trapped savings, a sign of growing chaos in the small Mediterranean nation amid a …
Opinion: Prospect of the UN mission in Lebanon
UNSCR 2650 – a potential pivot for change on the backdrop of growing Blue Line instability in southern Lebanon – Click the link for more details.
People in Lebanon are holding up banks to withdraw their own money amid the country’s financial crisis
To prevent capital flight, banks in Lebanon have been limiting the amount of money depositors can withdraw from their bank accounts.
Factbox: Just how bad is Lebanon’s economic crisis?
Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country’s paralysed financial system, underlining desperation among citizens unable to access …
Lebanon: Two banks held up by customers for their own savings
Two banks in Lebanon were held up by customers demanding their own savings on Wednesday in seperate incidents, as the country spirals ever further into economic chaos. In the first incident at a …