Lebanon and Venezuela are the only two countries in the world … GET THE CAPITAL LETTER A weekly digest on business and economics from an NR sensibility. With the financial system having effectively …
Hezbollah, Israel jostle in Syria, Lebanon
Conflict between Israel on the one hand and Iran and Hezbollah on the other have been playing out this month in Syria and Lebanon.
‘I can see the despair on their faces’: Lebanon’s economy unravels
People queuing for an ATM machine in the town of Akkar on 14 July. Photograph: Achilleas Zavallis for The Guardian Alain Bifani, the director general of Lebanon’s finance ministry for 20 years until …
Good Money After Bad: America’s Failed Policy in Lebanon | Opinion
Lebanon is failing and the LAF is compromised … The United States can no longer afford to finance Hezbollah’s auxiliary force just because bureaucratic momentum at the Pentagon, State Department or …
Controversy over seigniorage in Lebanon is a warning sign
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 …