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 …
France tries forcing change on Lebanon’s politicians
During his visit this month, French President Emmanuel Macron gave Lebanon’s politicians a road map for policy changes and reform, set deadlines for them to take action and told …
IMF ready to help blast-hit Lebanon once new government in place
The tragedy devastated entire districts of Beirut and left at least 190 people dead and more than 6,500 injured. Rice welcomed Lebanon Finance Minister Ghazi Wazni’s announcement on Wednesday that he …
The US is missing an opportunity in Lebanon
The US government should step up aid and follow the lead of NGOs that deliver assistance directly to Lebanon’s people.
Lebanese Army Says Shot Down Israeli Drone That Crashed in Lebanon
Lebanese Army Says Shot Down Israeli Drone That Crashed in Lebanon “There is no risk of breach of information,” an Israeli army spokesman said, offering no further details. The Lebanese army said in a …
Experts: Lebanon blast brings foreign insistence on reform
Weeks after the blast that devastated Beirut, foreign aid may have helped prevent Lebanon’s collapse and avert a civil war, experts told UPI. But further efforts to help resolve its economic crisis …
Sri Lanka tea storm swirls around Lebanon president
Lebanon’s President Michel Aoun has come under fire after it emerged that tea donated by Sri Lanka for victims of the Beirut blast was distributed instead to families of his presidential guards.
Displaced Syrians look for way out of a Lebanon in conflict
Economic meltdown, protests and the devastating explosion in the heart of Lebanon’s capital in August: Many Syrian refugees in Beirut are deeply worried. To finally get out of Beirut — that is their …
In crisis-hit Lebanon, Paris and Washington at odds over Hezbollah
When it comes to Lebanon, the US and France have similar outlooks, but one major point of difference involves the Hezbollah movement — shunned by Washington but tolerated by a pragmatic Parisian …
Citigroup expects Lebanon’s eurobond holders to take 65% haircut on debt
Bank also expects one-fifth of local currency debt to be wiped off in renegotiations with creditors Lebanon’s creditors may have to write off almost two-thirds of the value of their foreign currency …