Lebanon pins hopes on offshore oil exploration amid economic collapse Lebanon pins hopes on offshore oil exploration amid economic collapse
As the nation deals with an institutional breakdown, a silver lining emerges on the energy front, driven by necessity.
Features
Lebanon’s caretaker PM says economic stability at stake with stalled laws Lebanon’s caretaker PM says economic stability at stake with stalled laws
Lebanon’s failure to approve a string of crucial economic laws to pull the country back on to its feet threatens the country’s...
Middle East
Lebanon freezes bank accounts of ex-central bank governor Salameh and associates Lebanon freezes bank accounts of ex-central bank governor Salameh and associates
Lebanon has frozen the bank accounts of former central bank governor Riad Salameh and four of his associates, a statement by the...
Middle East
Lebanon’s economic crisis forcing school students and teachers out of education Lebanon’s economic crisis forcing school students and teachers out of education
As Lebanon continues to suffer under both its rudderless political deadlock and a dire economic crisis, concerned parents are yet...
Middle East
Controversial legacy: Lebanon’s struggle after Riad Salameh’s departure Controversial legacy: Lebanon’s struggle after Riad Salameh’s departure
To pave the way for a transformative future, Lebanon must address the systemic issues and acknowledge that those who contributed...
Features
Lebanon’s c. bank transition: Task cut out for Mansouri after Salameh’s departure Lebanon’s c. bank transition: Task cut out for Mansouri after Salameh’s departure
Never has so much ink been spilled on the departure of a high-ranking official than that of the governor of the central bank of...
Features
Oh Governor, Where Art Thou? Lebanon’s failure in appointing a new bank governor Oh Governor, Where Art Thou? Lebanon’s failure in appointing a new bank governor
The 30-year run of Riad Salameh as governor of the Lebanese Central Bank finally expires today. All while the current caretaker...
Opinion
Lebanon’s central bank vice governor to take over as interim head Lebanon’s central bank vice governor to take over as interim head
The first vice governor of Lebanon’s central bank Wassim Mansouri confirmed on Monday that he is taking over as interim head...
Middle East
Lebanese politicians scramble to avoid central bank vacuum amid financial turmoil Lebanese politicians scramble to avoid central bank vacuum amid financial turmoil
Lebanese officials were in a last-minute scramble on Wednesday to avoid leaving the crisis-hit country’s central bank without a...
Middle East
France’s Lebanon envoy back in Beirut in bid to end presidential vacuum France’s Lebanon envoy back in Beirut in bid to end presidential vacuum
Lebanon’s parliament speaker Nabih Berri met Tuesday with French special envoy Jean-Yves Le Drian, in Beirut to help resolve...
Middle East
Lebanon central bank vice governors propose moving to floating FX rate by September Lebanon central bank vice governors propose moving to floating FX rate by September
The vice governors of Lebanon’s central bank have proposed lifting the longtime peg on the country’s local currency and moving to...
Middle East
Saudi FM, French envoy discuss crisis-struck Lebanon Saudi FM, French envoy discuss crisis-struck Lebanon
Saudi Foreign Ministry Prince Faisal bin Farhan discussed the situation in crisis-struck Lebanon on Tuesday during a meeting with...
Saudi Arabia
Judge seizes properties owned by embattled Lebanon Central Bank head Riad Salameh Judge seizes properties owned by embattled Lebanon Central Bank head Riad Salameh
A Lebanon judge on Monday ordered the seizure of embattled central bank governor Riad Salameh’s properties pending a local...
Middle East
Lebanon’s deputy central bank governors could resign if no new chief appointed Lebanon’s deputy central bank governors could resign if no new chief appointed
Lebanon’s deputy central bank governors could all resign if no successor is appointed when current chief Riad Salameh’s term ends...
Middle East
Lebanon’s financial crisis worsened by lack of police action, IMF says Lebanon’s financial crisis worsened by lack of police action, IMF says
Lebanon’s financial crisis had been compounded by the lack of policy action and vested interests that prompted resistance to...
Middle East
Macron’s envoy heads to Lebanon as France seeks end to political vacuum  Macron’s envoy heads to Lebanon as France seeks end to political vacuum 
President Emmanuel Macron’s new special envoy for Lebanon heads to Beirut in the coming week as France seeks a new push to end a...
Middle East
US berates Lebanon’s lawmakers for failing to elect new president US berates Lebanon’s lawmakers for failing to elect new president
The US on Wednesday called on Lebanon’s leaders and “elites” to stop putting their own interests and ambitions above the people of...
Middle East
Crisis in Lebanon intensifies as presidential vote crumbles Crisis in Lebanon intensifies as presidential vote crumbles
The powerful Lebanese Hezbollah group and its allies thwarted a bid by their rivals to elect a top IMF official as Lebanon’s...
Middle East
Lebanon’s Hezbollah mobilizes to block IMF’s Azour for presidency Lebanon’s Hezbollah mobilizes to block IMF’s Azour for presidency
“We will obstruct for all to see,” a senior Hezbollah-allied politician told Reuters, adding that Lebanon would then face an “open...
Middle East
World Bank to give Lebanon additional $300 million as crisis continues to worsen World Bank to give Lebanon additional $300 million as crisis continues to worsen
The World Bank will dispatch $300 million in additional financing for the most vulnerable families in Lebanon, a country mired in...
Economy
European investigators to return to Lebanon in central bank governor fraud case European investigators to return to Lebanon in central bank governor fraud case
European investigators will return to Beirut in April to question two key people who have been charged in Lebanon in a case...
Middle East