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Tag: Lebanon

Posted on May 16, 2020

Lebanon arrests central bank official over currency manipulation

The financial prosecutor’s order marks the first arrest of an official at the central bank during Lebanon’s crisis.

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Posted on May 16, 2020

Coronavirus: Lebanon opens farm market, closing street for outdoor business

The city is opening its farm market on Thursday and closing a downtown Lebanon street in coming weekends while taking precautions designed to prevent the spread of COVID-19 .

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Posted on May 16, 2020

Lebanon announces flights out for crisis-hit foreign workers

Some foreign workers wishing to be repatriated from crisis-hit Lebanon will be able to do so from next week, security forces said Friday, after many saw their salaries slashed in recent months.

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Posted on May 15, 2020

Crisis-hit Lebanon ready to float pound after aid: minister

Lebanon, whose currency has been pegged to the dollar for 23 years, is ready to float the pound only after it secures billions in aid, Finance Minister Ghazi Wazni said Friday. Speaking to AFP after t …

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Posted on May 15, 2020

Timeline – Lebanon’s Ordeal: Economic and Political Crises Since Civil War

Lebanon begins negotiations with the International Monetary Fund this week, seeking the IMF’s financial assistance for the first time as the country grapples with an acute financial crisis. The …

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Posted on May 14, 2020

Benny Gantz: The ex-military chief who will be Israel’s next PM

He was also commander of the IDF’s Ground Forces during the 2006 war with Lebanon’s militant Hezbollah movement – a conflict for which Israel’s military and government leaders were widely criticised.

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Posted on May 14, 2020

Hassan Nasrallah: Israel targeting missile sites in Syria

Hassan Nasrallah, the leader of the Iran-aligned Hezbollah movement in Lebanon, has said Israel is now concentrating its attacks in Syria on missile-manufacturing sites, while denying that Iranian …

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Posted on May 14, 2020

Lebanon launches IMF talks to rescue economy; more talks in coming days

The International Monetary Fund on Wednesday said it has begun remote discussions this week with Lebanon, which is seeking some $10 billion of aid to help it out of the worst financial crisis in its …

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Posted on May 13, 2020

Coronavirus: Lebanon begins ‘total’ shutdown as cases increase

Lebanon has reported 870 confirmed cases of Covid-19 and 26 associated deaths. Last week, the government responded to a drop in the …

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Posted on May 12, 2020

Coronavirus: Lebanon imposes ‘total’ shutdown as cases increase

Lebanon has imposed a “total” shutdown after experiencing a resurgence in reported coronavirus cases. The curfew will start on the evening of 13 May and stay in place until the morning of 18 May. The …

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