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Tag: Lebanon

Posted on August 4, 2020

Total collapse: Lebanon’s currency crisis explained

Lebanon’s current economic catastrophe is epitomised by one factor more than any other: The free fall of its currency. Since 1997, the Lebanese Central Bank has artificially pegged to the lira was to …

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Posted on August 4, 2020

Poland interested in dev’t of co-op with Turkmenistan in transport sector

Large blast in Beirut port area rocks Lebanon’s capital, many people hurt (VIDEO) Arab World 20:56 Volumes of six-month cargo shipment from Greece via Turkish ports announced Transport 19:48 …

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Posted on August 4, 2020

Beirut explosion: huge blast engulfs port and rips through Lebanon capital

Scale and cause of blast still being assessed but multiple injuries expected Oliver Holmes Please bear in mind that this is a developing event and very little has been confirmed. Videos posted on …

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Posted on August 4, 2020

Massive explosion in Beirut creates mushroom cloud over Lebanon’s capital

A massive explosion shook Lebanon’s capital Beirut on Tuesday wounding a number people and causing widespread damage.

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Posted on August 4, 2020

Lebanon Is Collapsing and Urgent Reform Is Desperately Needed | Opinion

A direct consequence of Hezbollah’s political control is that Lebanon’s financial system is rife with corruption, money laundering, drug smuggling and other illicit finance. As a result, many of …

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Posted on August 4, 2020

Lebanon tribunal: the case, suspects and evidence

Judges at The Special Tribunal for Lebanon are due to give their verdict on Friday in the trial of four men accused over the 2005 Beirut bombing that killed former Lebanese Prime Minister Rafik …

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Posted on August 4, 2020

Crisis-weary Lebanon braces for Hariri tribunal verdict

Fifteen years after a truck bomb killed Lebanon’s former Sunni leader Rafik al-Hariri in Beirut, triggering regional upheaval, a U.N.-backed court trying four suspects from Shi’ite Hezbollah delivers …

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Posted on August 4, 2020

Lebanon’s foreign minister quits post – government source

BEIRUT, Aug 3 (Reuters) – Lebanon’s Foreign Minister Nassif Hitti submitted his resignation to Prime Minister Hassan Diab on Monday, a government source said. Hitti decided to quit over …

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Posted on August 4, 2020

Lebanon’s foreign minister quits post – government source

BEIRUT, Aug 3 (Reuters) – Lebanon’s Foreign Minister Nassif Hitti submitted his resignation to Prime Minister Hassan Diab on Monday, a government source said. Hitti decided to quit over …

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Posted on August 3, 2020

Spotlight: Moody’s latest downgrade to prevent Lebanon’s access to int’l markets: experts

Moody’s Investors Service has downgraded Lebanon’s issuer rating to C from Ca. The C rating reflects Moody’s assessment that the losses incurred by bondholders through Lebanon’s current default are …

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