While derivative traders have pared bets that Gulf states will be forced to devalue their currency pegs in the next 12 months, bouts of volatility may return. Countries that have been financing …
IRAQ PM IN LEBANON
Lebanese President Emile Lahoud meets visiting Iraqi Prime Minister Iyad Allawi at the Presidential Palace in Beirut’s eastern suburbs of Baabda on Monday July 26, 2004. Allawi arrived Sunday in …
Beirut blast: Lebanon seeks arrest of ship owner and captain
Lebanon has requested the arrest of the foreign owner and captain of the ship which brought material which blew up at Beirut port causing devastation. The judge leading the probe into the blast has …
Lebanon to Allow Hard-Hit Students Abroad to Get Dollars From Home
Lebanon’s banking system has been paralysed since last year, as a liquidity crunch left the nation unable to repay its massive debts. Lebanon’s pound crashed, while banks severely restricted dollar …
Fugitive Carlos Ghosn Launches Business Initiative In Lebanon As Trial Starts In Japan
As Ghosn was appearing in Lebanon to reveal a new initiative, a star witness for the prosecution was testifying in Tokyo against Ghosn’s former close aide.
Carlos Ghosn launches initiative to help his native Lebanon
Former Nissan Motor Co. Chairman Carlos Ghosn made a new public appearance in Lebanon Tuesday during which he launched an initiative with a local university to help the country that is undergoing a …
Ex-Nissan boss Carlos Ghosn launches business program to revive Lebanon’s struggling economy
Carlos Ghosn, the scandal-hitformer Nissan CEO who fled trial in Japan, is launching a business training program to help spark economic recovery in his native, crisis-hit Lebanon.
Israel’s Netanyahu urges Beirut neighborhood to ‘act now’ on alleged Hezbollah arms depot
Israeli Prime Minister Benjamin Netanyahu on Tuesday accused Lebanon’s Hezbollah of storing weapons near a gas company in a residential Beirut neighborhood, but the Iran-backed movement denied it.
Lebanon, Bahrain record new virus-related fatalities
Health authorities in Lebanon and Bahrain confirmed additional deaths Tuesday from the coronavirus pandemic. The Lebanese Health Ministry said 10 fatalities and 1,105 infections were registered, …
Hezbollah Brings Media to Dispute Lebanon ‘Missile Site’ Mapped Out By Israel
After journalists arrived at the site and began to inspect, a Hezbollah spokesperson told Newsweek that “with this tour, journalists saw directly and with their bare eyes what these sites are.” …