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Tag: Lebanon

Posted on May 28, 2020

On debt-stricken Lebanon, investors see little room for optimism

Emerging market investors are no strangers to sovereign debt crises, but few have been as perilous as the one facing Lebanon given a toxic combination of financial and political weaknesses and no …

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Posted on May 28, 2020

Lebanon crisis brings mixed legacy for central bank governor

Touted as the guardian of Lebanon’s monetary stability, he steered the tiny country’s finances for nearly three decades, through post-war recovery and bouts of unrest.

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Posted on May 27, 2020

In Lebanon, a growing rift between Hezbollah and their long-time Christian ally

In Lebanon, Iran-backed Hezbollah and their Christian allies have heavily swayed internal politics for years, but now, there appears to be a growing rift within the Christian bloc, threatening the …

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Posted on May 27, 2020

Liberation of southern Lebanon shattered Israel’s invincibility myth: Hezbollah deputy chief

Supporters of Hezbollah ride motorcycles carrying the group’s flags in the southern Lebanese villageof Adaisseh on May 25, 2020 as they mark the 20th anniversary of the end of Israel’s occupation of …

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Posted on May 27, 2020

Coronavirus: Lebanon’s woes worsen as country pushed to the brink

Country was already rocked by unrest over the cost of living – then came coronavirus.

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Posted on May 26, 2020

Trafficked Nigerian women rescued from Lebanon

Last month, a Nigerian woman working as a maid in Lebanon was rescued after being put up for sale on Facebook for $1,000 (£807). The UN says thousands of women and girls from Nigeria and other African …

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Posted on May 26, 2020

Residents Evacuated After Natural Gas Leak In Mt. Lebanon

A natural gas leak in a building in Mt. Lebanon has prompted an evacuation of residents. © Provided by. On Monday night, Allegheny Coun …

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Posted on May 26, 2020

Lebanon’s economic crisis is decimating its middle class

The middle class in cash-strapped Lebanon is having a hard time making ends meet as salaries have been slashed and banks are imposing informal capital control, all compounded by the …

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Posted on May 25, 2020

Link between Lebanon and Syria’s economies spells disaster for both

Lebanon’s and Syria’s economies are inextricably linked, and now a deepening economic crisis in Lebanon is spurring similar consequences across the border where the value of both local currencies is …

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Posted on May 25, 2020

Philippines probes OFW suicide in Lebanon

A Filipina household service worker, who was waiting to return to the Philippines, committed suicide in Lebanon on Saturday and she was the responsibility of the Philippine embassy when the incident …

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