Lebanon’s foreign minister announced his resignation Monday in protest at the government’s mishandling of the worst economic crisis in decades that has forced Beirut to ask for IMF support. Lebanon is …
Verdict looms in killing of Lebanon ex-PM Hariri
A UN-backed tribunal will give its verdict Friday on the 2005 murder of former Lebanese premier Rafic Hariri, but questions will remain over a long and costly trial whose suspects remain at large. The …
Hariri Assassination: The Day That Rocked Lebanon
The death of Rafic Hariri is to many Lebanese what the JFK assassination was to Americans four decades earlier — everybody remembers what they were doing when the news broke. On Valentine’s Day 2005, …
International Flights: Kuwait Resumes Services But Won’t Allow Flights From India, Other Countries | Here’s Why
Some of the banned countries include India, Iran, China, Brazil, Lebanon, Spain, Singapore, Egypt and Sri Lanka.
Tough Words But Israel, Hezbollah Don’t Want New War: Experts
Harsh rhetoric from Israel and Lebanon’s Hezbollah appeared to threaten further conflict after border unrest this week, but experts predict both sides will try to avoid escalation. As the coronavirus …
Life in Lebanon under Hyperinflation
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 …