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Tag: Lebanon

Posted on September 14, 2020

Efforts to form new Lebanon gov’t stall amid wrangling

Efforts to form a new government in Lebanon within the 15-day deadline set by French President Manuel Macron have stalled, amid fears of serious political, economic and financial repercussions. Prime …

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Posted on September 14, 2020

Local business Americano Foods raising money for Lebanese children impacted by explosion

The brother-and-sister team behind a Valley nut butter company is raising money to support childhood cancer patients impacted by last month’s explosion in Beirut, Lebanon.

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Posted on September 14, 2020

How Lebanon’s First Female Militant Made Her Fight More Faithful

A key player in the civil war that once tore the city apart, she spent the rest of her life trying to stitch it back together, and all of Lebanon with it. The Beirut explosion on August 4 reminded …

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Posted on September 14, 2020

Lebanon lawyer warns coronavirus-hit prison ‘humanitarian time bomb’

The head of the Beirut Bar Association Monday warned a novel coronavirus outbreak in crisis-hit Lebanon’s largest and most overcrowded prison amounted to a “humanitarian time bomb”. Security …

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Posted on September 14, 2020

Lebanon’s Cabinet formation hits snags as deadline looms

Macron held a telephone call with Berri on Saturday, during which the speaker reportedly insisted that the Finance Ministry is traditionally controlled by Shiites in Lebanon, according to his aides.

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Posted on September 14, 2020

Jordan’s Capital Bank begins due diligence to buy Lebanon’s Audi’s units in Jordan, Iraq

Jordan’s Capital Bank has begun due diligence on buying Lebanese Bank Audi’s > Iraq and Jordan units in an acquisition that will help the Jordanian bank to diversify and expand domestically and …

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Posted on September 13, 2020

Family of late NH man held in Lebanon starts foundation

The family of an American man who was jailed for months in Lebanon over decadesold murder and torture charges that he always denied has started a foundation in his name to …

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Posted on September 13, 2020

First-round victory in High Court may open floodgates to billions of dollars’ worth of claims against Lebanon’s crisis-torn banking system

Lawyers acting for Bilal Khalifeh, a UK resident with Lebanese nationality, persuaded the court that it has jurisdiction over Blom Bank of Beirut.

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Posted on September 12, 2020

Foreign workers stranded in Lebanon without hope as coronavirus, currency crises bite

Already suffering due to the Lebanese pound exchange rate, many foreign workers find themselves on the streets without a salary after the port explosion and coronavirus hit the economy hard …

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Posted on September 12, 2020

IMF’s discussions with Lebanon focused on audit of central bank’s balance sheet

Gerry Rice, the IMF’s director of communications and spokesman said the audit will also help “assess the impact of the central bank’s financing of government operations and the central bank’s …

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