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Tag: Lebanon

Posted on November 6, 2021

Minister of Finance welcomes German ambassador, Tarraf

NNA – Minister of Finance Youssef El-Khalil received this Friday the German Ambassador to Lebanon, Andreas Kindl, and an accompanying delegation. Discussions touched on the current situation in Leb …

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Posted on November 6, 2021

Before Lebanon’s current financial crisis, central bank faced a $4.7bln hole in reserves – IMF memo

Lebanon’s central bank has been headed by Riad Salameh since … according to a rescue plan prepared by the finance ministry in April that year. Both the central bank and the banking association …

( read original story …)



Posted on November 6, 2021

Before Lebanon’s current financial crisis, central bank faced a $4.7bln hole in reserves – IMF memo

Lebanon’s central bank has been headed by Riad Salameh since … according to a rescue plan prepared by the finance ministry in April that year. Both the central bank and the banking association …

( read original story …)



Posted on November 5, 2021

Saudi Import Ban Deals Another Blow to Reeling Lebanese Industry

The firm was already struggling amid Lebanon’s financial crisis; a full-blown diplomatic row with Saudi Arabia has made matters worse. Last week Riyadh extended a blockade on some goods from Lebanon …

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Posted on November 4, 2021

‘Crazy love’: Lebanon slogan promotes tourism on back of crisis

Lebanon’s tourism minister unveiled a new slogan for the crisis-swept country on Thursday that aimed to portray the precarity of life there as a point of pride, roughly translating to “I love you in …

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Posted on November 4, 2021

Police seek second Lebanon teenager charged in fatal shooting that led to crash

Officials have charged, but cannot locate, a 15-year-old Lebanon resident with the homicide of a teenager killed Oct. 27 before crashing his car.

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Posted on November 3, 2021

Lebanon’s oldest English-language daily folds amid crisis

The Daily Star is the latest among several Lebanese newspapers that stopped printing in recent years in a struggle to compete with digital media. Lebanon’s severe financial crisis, its worst in 150 …

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Posted on November 3, 2021

EXPLAINER: Why Saudi Arabia is upset, lashing out at Lebanon

A televised remark by a game show host-turned Cabinet minister in Lebanon about the war in Yemen has taken Lebanon’s crisis with Saudi Arabia to new depths …

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Posted on November 3, 2021

Fate of Lebanon minister after row with Gulf stirs division

The diplomatic row between Lebanon and Saudi Arabia is aggravating divisions in Lebanon, already reeling from an economic meltdown and social tension. Some are pushing for the resignation of the …

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Posted on November 3, 2021

The Battle for Lebanon’s Arab Identity

Lebanese Foreign Minister Abdallah Bou Habib meets with members of the cabinet during a crisis meeting at the Ministry of …

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