The U.S. Treasury Department on Tuesday announced that it has imposed sanctions on seven Lebanese individuals involved in the financial infrastructure of the country’s Shia Iran-backed “Party of God”, …
Small turnout OKs Lebanon’s budget
By a wide margin Tuesday, Lebanon taxpayers approved the town/ school spending package for the next fiscal year, one that will require a nominal tax hike. The budget was approved by 155 “yes” votes to …
Lebanon is on a ‘train to hell’ and ‘about to reach the last station,’ former government advisor says
The current mismanagement of Lebanon has put it on “train to hell” which is “about to reach the last station,” Henri Chaoul, a former advisor to the country’s finance ministry, told CNBC. Chaoul, who …
EU mulls sanctions on some in Lebanon for blocking formation of a government
The EU is drawing up sanctions on politicians in Lebanon seen as blocking the formation of a government, readying the bloc’s first penalties on its Middle Eastern ally in frustration at the ruling …
Turkish firm tells Lebanon to fix debts, end legal action or face power cut
Lebanon’s economy has imploded under a mountain of debt … news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international …
Turkish firm tells Lebanon to fix debts, end legal action or face power cut
Lebanon’s economy has imploded under a mountain of debt … news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international …
Treasury Targets Hizballah Finance Official and Shadow Bankers in Lebanon
From the highest levels of Hizballah’s financial apparatus to working level individuals, Hizballah continues to abuse the Lebanese financial sector and drain Lebanon’s financial resources at an …
US sanctions seven individuals over financial ties to Hezbollah
Secretary of State Antony Blinken on Tuesday announced sanctions against seven individuals over financial ties to Hezbollah, the U.S.-designated terror organization in Lebanon that is backed by Iran.
US sanctions seven individuals over financial ties to Hezbollah
Secretary of State Antony Blinken on Tuesday announced sanctions against seven individuals over financial ties to Hezbollah, the U.S.-designated terror organization in Lebanon that is backed by Iran.
Lebanon must fix debts, halt prosecutor action or face power cut, says Turkish firm
Turkey’s Karadeniz, which supplies electricity to Lebanon from power barges, told Beirut to halt action by the Lebanese prosecutor to seize its vessels and …