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More hurdles lie ahead for Lebanon’s struggling tourism industry
Lebanon, he lamented … Abdelnour doesn’t see an immediate recovery for his lettings business ahead. “This doesn’t mean it’s going to have a big boost for business because there are still …
Hottest commodity in Lebanon’s economic chaos: The US dollar
FILE – In this April 28, 2020 file photo, a cell phone shop owner wears gloves as he counts U.S. dollars, in Beirut, Lebanon. A financial meltdown has thrown its people into a frantic search for …
How Caesar Act could hurt Lebanon’s Tripoli
With residents of Tripoli already suffering shortages under Lebanon’s mounting system-wide collapse, the US Caesar Act promises to both hinder investment in Tripoli and increase cross-border smuggling …
Convicted Hezbollah financier arrives in Lebanon after early release
Belgian businessman convicted in the United States of financing Hezbollah has returned to Beirut following his early release from prison on compassionate grounds, local media reported on Wednesday.
RPT-Under “financial siege”, Lebanon must stave off strife, says Bassil
Lebanon is facing a “financial siege” imposed by international powers and its priority is staving off strife caused by the country’s economic meltdown, leading politician Gebran Bassil said on Tuesday …
Dumpster diving, blackouts and suicides. Lebanon’s woes laid bare as crisis deepens
As Lebanon entered a Covid-induced lockdown earlier this year, the destruction of the middle class remained largely out of sight, but now there’s no escaping the dystopian scenes of desperation.
Under ‘financial siege’, Lebanon must stave off strife, says Bassil
Lebanon is facing a “financial siege” imposed by international powers and its priority is staving off strife caused by the country’s economic meltdown, leading politician Gebran Bassil said on Tuesday …
Lebanon’s elites scramble to avoid the reckoning for its debt crisis
One broadcaster prefaced newscasts with harrowing clips of food queues from Venezuela to Iran, asking viewers if this is the Lebanon they want. On its current course, that is where the country is …
Lebanon’s rising power cuts add to gloom of economic crisis
said Salim Abi Saleh, a gynecologist and the head of the physicians union in the northern city of Tripoli. Lebanon has been shaken by a severe economic and financial crisis, made worse in recent …