Described as the profit made from printing money, seigniorage arises because currency carries a zero nominal interest rate and commercial banks receive, at best, paltry interest on the reserves they …
Lebanon Can’t Afford Another Hezbollah Clash With Israel
The last thing Israel and Lebanon need is another conflict: both countries are beset by political strife and resurgent coronavirus outbreaks; the Lebanese, additionally, are dealing with the gravest …
Gay, bisexual men and trans women speak of sexual abuse in Syria
Report documenting accounts of survivors who fled to Lebanon details stigma and gaps in aid for sexual abuse victims.
Syria, Lebanon struggle with coronavirus amid civil unrest
War-torn Syria and neighboring Lebanon have been struggling long before the coronavirus pandemic with conflict and political unrest. NBC News’ Keir Simmons reports on the devastation brought on by the …
Israeli drone crashes in Lebanon amid tensions with Syria
Israel said a military drone crashed in southern Lebanon on Sunday as regional tensions ran high, days after a series of cross-border exchanges between Israel and Syria and the killing of a Hezbollah …
‘Life At The Top’: Lebanon Mountain Club Dodges Economic Crisis
Panama hats and designer sunglasses, champagne buckets and luxury cars: in the mountain resort town of Faqra, Lebanon’s economic crisis is not immediately obvious. Digging into a crunchy salad at an …
Lebanon PM Slams ‘Dangerous’ Israeli Border Escalation
The Israeli army had said a group of three to five men armed with rifles crossed the UN-demarcated Blue Line in the disputed Mount Dov area, claimed by Lebanon, Syria and Israel. It said the …
How the Kenyan consulate in Lebanon became feared by the women it was meant to help
Multiple women tell CNN they faced abuse and exploitation while seeking help at an African consulate in Lebanon.
Lebanon accuses Israel of provoking border escalation
Lebanon’s prime minister Tuesday accused Israel of provoking a “dangerous escalation” along the border in an attempt to modify the mandate of a U.N. peacekeeping force in south Lebanon, cautioning …
IMF Bailout May Be Half What Lebanon Sought When Talks Began
Lebanon had its rating cut to the lowest grade by Moody’s, which says that bond investors will likely suffer major losses on their holdings as the government struggles to secure aid to ease a …