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Tag: Lebanon

Posted on June 19, 2020

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 …

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Posted on June 18, 2020

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 …

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Posted on June 18, 2020

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 …

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Posted on June 18, 2020

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.

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Posted on June 18, 2020

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% …

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Posted on June 17, 2020

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.

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Posted on June 17, 2020

Hezbollah leader accuses US of trying to ‘starve’ Syria, Lebanon

New US sanctions against the Syrian government aim to “starve” the country and its neighbour Lebanon, the head of the Lebanese movement Hezbollah said Tuesday. “The Caesar Act aims to starve Lebanon …

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Posted on June 17, 2020

Nasrallah says Lebanon should not observe US Syria sanctions

The head of Hezbollah group on Tuesday said Lebanon should not observe new U.S. sanctions against Syria which he described as deeply hurtful to his country …

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Posted on June 16, 2020

Concerns mount as Lebanon struggles to take first steps out of crisis

Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under way shaken by what government critics say is a sectarian carve-up of state jobs that …

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Posted on June 14, 2020

IMF Bailout of Lebanon Must Serve to Weaken Hezbollah

Despite the ongoing danger of the coronavirus disease (COVID-19), the people of Lebanon took to the streets in early June to protest the government’s mismanagement of a worsening economic crisis, as …

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