Talk of lifting subsidies on basic commodities has become a major concern in Lebanon, as the central bank’s foreign currency reserves near depletion. Lebanon has two options – either to lower the …
The grim choice facing Lebanon as central bank FX reserves dwindle
Talk of lifting subsidies on basic commodities has become a major concern in Lebanon, as the central bank’s foreign currency reserves near depletion. Lebanon has two options – either to lower the …
Lebanon Basketball Players Ditch Game For Better Future
Basketball was once the sporting pride of Lebanon, with the national team qualifying for several world cups and two clubs that were dominant forces in the Middle East and Asia two decades ago. In its …
IMF says Lebanon needs fiscal framework, strategy to fix bank sector
The International Monetary Fund is committed to helping Lebanon implement needed reforms, but the country still needs a coherent fiscal framework and a credible strategy to rehabilitate its banking …
Macron Slams Lebanon Political Inertia At Aid Meeting
France’s President Emmanuel Macron Wednesday urged Lebanese politicians to form a government as he chaired a second aid conference to help the crisis-hit country after a deadly port blast. Lebanon’s …
Lebanon crisis: France’s Macron announces fund for sustained aid
France’s president plans to return to Lebanon for the third time in four months to continue to press for reform.
France and UN Rally Aid for Lebanon, Urge Political Reforms
France and the United Nations have vowed to keep providing humanitarian aid to the Lebanese people but urged the country’s leaders to form a new government as a political deadlock has blocked billions …
UN, France urge Lebanon to form new government amid pledges of aid
France and the United Nations vowed Wednesday to keep providing humanitarian aid to Lebanon but urged the country’s leaders to form a new government as a political deadlock in Beirut has blocked …
U.S. Fears Syria’s Assad Meddling in Fragile Lebanon
U.S. Fears Syria’s Assad Meddling in Fragile… The Trump administration is worried that Syria’s Bashar al-Assad regime is working to undermine neighboring Lebanon by driving up exchange rates for its …
As Lebanon’s central bank audit crumbles, the worst is yet to come
Lebanon’s controversial central bank forensic audit fell apart last week, signaling that the worst may be ahead for the crisis-stricken country. Alvarez & Marsal, the company contracted by the …