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Tag: Lebanon

Posted on May 12, 2021

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 …

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Posted on May 12, 2021

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 …

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Posted on May 12, 2021

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 …

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Posted on May 12, 2021

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 …

( read original story …)



Posted on May 11, 2021

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 …

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Posted on May 11, 2021

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.

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Posted on May 11, 2021

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.

( read original story …)



Posted on May 11, 2021

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 …

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Posted on May 11, 2021

Turkish firm threatens to cut power supply to Lebanon, ministry says

A Turkish company that provides Lebanon with electricity from a power barge has threatened to cut off supplies, the Lebanese Finance Ministry said on Tuesday, citing a Lebanese lawmaker. The …

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Posted on May 11, 2021

Turkish firm threatens to cut power supply to Lebanon, ministry says

A Turkish company that provides Lebanon with electricity from a power barge has threatened to cut off supplies, the Lebanese Finance Ministry said on Tuesday, citing a Lebanese lawmaker. The …

( read original story …)



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