A war-ravaged Syria is heavily dependent on neighboring Lebanon for basic commodities and finance. The decline in the Lebanese pound will pulsate across the border. On Tuesday, Lebanon’s currency …
Syrian pound hits new low in contagion from neighboring Lebanon’s currency crisis
The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency woes in neighboring Lebanon with which it has extensive business and banking ties, dealers …
Lebanon multifamily community sold for $69 million
Timberwood Commons, a 252-unit market-rate multifamily complex in Lebanon, has been sold for $69.25 million. The buyer, an affiliate of Audubon Capital Partners of Boston, acquired the 42.63-acre …
Syrian pound hits new low in contagion from neighboring Lebanon’s currency crisis
The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency woes in neighboring Lebanon with which it has extensive business and banking ties, dealers …
Lebanon council to interview candidates for vacancy
The Lebanon city council will interview two candidates for the vacancy which was created by the resignation of Karin Stauder.
Protesters shut down roads as Lebanon pound hits all-time low
Protesters blocked roads with burning tyres and dumpsters across Lebanon on Tuesday after the currency tumbled to a new low in a financial meltdown that has fueled poverty. “We can’t bear it …
Protests in Lebanon as local currency hits record low
Scattered protests broke out across the country Tuesday after the Lebanese pound hit a record low against the dollar on the black market, a sign of deepening multiple crises and …
Currency board for Lebanon
The Lebanese are currently subjected to depreciation, with the ever-rising prices of goods and services, self-imposed limits on withdrawals by banks at a rate of LBP 3,900 to the dollar, and a local …
Americans who masterminded Nissan boss Carlos Ghosn’s brazen escape from Japan extradited to face justice
Ex-Green Beret Michael Taylor and his son don’t deny masterminding Carlos Ghosn’s cinema-worthy escape to Lebanon in a speaker box.
US men accused of helping Ghosn flee arrive in Japan
Two Americans suspected of helping former Nissan Chairman Carlos Ghosn skip bail in Japan and flee to Lebanon in December 2019 were extradited from the U.S. and arrived in Tokyo …