A reassessment of financial-sector losses signals no appetite for reforms a bailout package would demand, say experts.
Wolf loosens restrictions in last of counties except Lebanon
Parts of Pennsylvania that were among the hardest hit by the coronavirus pandemic will move next week into the less restrictive “green” zone for reopening businesses …
US Caesar Act could bleed Lebanon for years to come
Analysts say sanctions against Assad regime will worsen Lebanon’s economic crisis by fuelling illicit trade with Syria.
No anesthesia, no oxygen: Lebanon hospitals flatline as cash crisis hits
Young women wearing protective masks walk outside Beirut’s Rafik Hariri University Hospital, where a woman is treated for coronavirus. (AFP/File) Short Url BEIRUT: A cash crisis has hit Lebanon’s …
Lebanon adviser in IMF talks quits, citing ‘no genuine will’ for reforms
A financial adviser working with Lebanon’s government in talks with the International Monetary Fund said on Thursday that he had resigned, citing “no genuine will” to reform and attempts to dismiss …
Lebanon needs comprehensive, equitable reforms in many areas – IMF
The International Monetary Fund remains in discussions with Lebanon about possible financing arrangements, an IMF spokesman said on Thursday, adding that it was premature to discuss the scope of any …
Caesar Act: Fresh sanctions on Syria could worsen Lebanon economy
The US has introduced more sanctions against Syria’s government and its backers, warning it will not stop until President Bashar al-Assad ends the war against his own people. Some of those targeted …
The Truth About Bitcoin and Hezbollah in Lebanon
Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East.
Can China Instead Of The IMF Save Lebanon’s Crippled Economy?
Hezbollah has been condemned as a terrorist organization by the U.S. and European Union Beirut is currently negotiating a $10 billion bailout with IMF The Lebanese economy is expected to shrink by 12% …
Nasrallah: Hezbollah will keep its weapons, Lebanon will not starve
He blamed the United States for much of Lebanon’s economic woes, including the dollar shortage in the country, claiming that the US was hurting Lebanon in order to help Israel.