With a rescue plan that will form the basis of talks for IMF aid finally in place, Lebanon must now enact painful steps and work out how it distributes the costs, with the country’s banks likely to be …
With economy in ‘free fall’, Lebanon aims for IMF aid
Lebanon plans to seek International Monetary Fund aid after approving an economic rescue plan setting out vast losses in its financial system as it aims to chart a way out of a crisis seen as the …
Violent protests erupt in Lebanon as pandemic makes financial crisis worse
Lebanon’s long-running financial crisis, which led to the resignation of its prime minister in October, has only gotten worse because of the coronavirus pandemic. And anti-government protests resumed …
Crisis-hit Lebanon To Seek IMF Funding After Approving Reform Plan
Demonstrators in northern Lebanon have attacked banks and clashed with security forces for three consecutive nights, re-energising a protest movement launched in October against a political class …
Protests erupt in Lebanon as coronavirus outbreak fuels economic panic
Demonstrators have taken to the streets in Lebanon as the coronavirus has worsened the economic crisis there. CBS News foreign correspondent Imtiaz Tyab joins CBSN’s Reena Ninan with a look at the …
Crisis-hit Lebanon To Approve Economic Rescue Plan
The Lebanese government met Thursday to approve a long-awaited plan to rescue the debt-saddled economy from its worst crisis in decades, following a fresh wave of angry streets protests. A lockdown to …
Crisis-hit Lebanon approves economic rescue plan
The Lebanese government on Thursday approved a long-awaited plan to rescue the debt-saddled economy from its worst crisis in decades, following a fresh wave of angry streets protests. Demonstrators in …
In riot-hit Lebanon, central bank chief blames govt leaders
Clashes broke out between protesters and the Lebanese army Wednesday, hours after the under-fire central bank chief blamed a lack of government reforms for a spiralling economic crisis that has …
Key U.S. official urges Lebanon to prove commitment to reforms: Al-Arabiya
The U.S. State Department’s top diplomat for the Middle East has urged crisis-hit Lebanon to prove its commitment to reform in order to secure international assistance, Saudi-owned Al Arabiya TV …
FN America, Colt’s awarded $383.3M to make M16A4s for Iraq, others
FN America and Colt’s Manufacturing received a $383.3 million, five-year contract to manufacture M16A4 rifles for Afghanistan, Grenada, Iraq, Lebanon and Nepal through the Pentagon’s foreign military …