Lebanon’s currency has hit a new low, trading at an unprecedented 100,000 Lebanese pounds to the dollar (82p) on the black market as the crisis-hit country’s banks went back on strike. The pound has ...
Lebanon's central bank can keep basic subsidies for only two more months and the state should come up with a plan, Governor Riad Salameh said on Tuesday as the country's financial crisis spirals.
In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, center, meets with political leaders with the aim of finding solutions to the country ...
Financial meltdown on a scale never seen before in Lebanon has raised fears for the stability of a country facing multiple crises.
LONDON (Reuters) - Lebanon's defaulted government bonds have nearly quadrupled in price over the past year as investors bet on signs of economic recovery but a wild variance in estimates of their ...
The recent parliamentary election granted Lebanon a moment of normalcy but as soon as votes were counted and results announced, the grim reality reasserted its iron grip. The value of the local ...
A military hero and a former ICJ president are working to steer a new Lebanon that can finally fix its foremost flaws ...
Lebanon’s former central bank governor Riad Salameh has been arrested in Beirut on suspicion of embezzling $40 million from the bank. Mr Salameh is expected to remain in custody for questioning as ...
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