An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund (IMF) was panned by banks on Friday as one that would “destroy confidence” in the country.
Why Lebanon’s Protesters Are Back
As the coronavirus lockdown eases, demonstrators respond to the country’s worst economic crisis since the civil war.
Lebanon’s riots come as no surprise — even during a pandemic
Coming on the heels of the ongoing economic crisis, the pandemic was simply a catalyst for Lebanon’s crash landing.
Hard work lies ahead for Lebanon on road to IMF aid deal
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 …