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Lebanon crisis
Lebanon lawmaker sit-in enters second week
Two Lebanese lawmakers on Friday entered the second week of a sit-in inside the crisis-hit country’s parliamentary chamber, vowing to remain inside until fellow MPs elect a new ...
Beirut port blast: Lebanese protest in anger over efforts to hamstring probe
Dozens of demonstrators gathered outside Lebanon’s justice palace on Thursday to protest steps taken this week to hamstring a probe into the deadly 2020 Beirut port blast.The judge investigating the ...
Explainer: Why has there been no accountability in the Beirut port blast?
Lebanon’s top public prosecutor on Wednesday charged the judge investigating the 2020 Beirut port explosion that killed at least 220 people, stymieing his effort to hold members of the ruling elite ...
Angry Lebanese protest record-low value of local currency
Protesters burned tires and held up handfuls of local currency bills on Wednesday at the entrance of the Lebanese central bank in Beirut, furious over the spiraling devaluation of the lira.Lebanon’s ...
Lebanon Central Bank sets new rate for withdrawals from dollar deposits
Lebanon’s central bank said on Thursday it had set a new rate of 15,000 Lebanese pounds to the US dollar for withdrawals from bank deposits denominated in dollars, but which can now be accessed ...
Lebanon says it will pay UN dues after losing voting rights
Lebanon will pay arrears to the United Nations to regain its rights at the world body, its foreign ministry said on Friday, after the country, which is in deep financial crisis, lost UN voting rights ...
Lebanese MPs sleep in Parliament to press for end to impasse
Two independent Lebanese lawmakers have spent the night in parliament to press for the election of a new president, as factional deadlock leaves the country largely leaderless amid a deepening ...
Lebanese pound sinks to record low of 50,000 pounds to US dollar
The Lebanese pound on Thursday hit a new record low of 50,000 pounds per US dollar, currency exchange dealers told Reuters, marking a loss in value of more than 95 percent since the country’s ...
European officials to begin Lebanon graft questioning next week: Minister
European investigators will arrive in Lebanon on January 16 as part of a cross-border probe into alleged fraud by the Mediterranean country’s central bank governor Riad Salameh, Lebanon’s caretaker ...
Lebanese court charges seven over fatal UNIFIL peacekeeper attack: Report
Lebanon’s military tribunal on Thursday charged seven suspects in last month’s attack that killed an Irish peacekeeper when a group of armed local residents ambushed his convoy and opened fire, ...
Lebanon devalues pound on Sayrafa platform in bid to ease fall on parallel market
Lebanon’s central bank announced on Tuesday it was steeply lowering the value of the pound to 38,000 pounds per US dollar on its Sayrafa exchange platform, in a bid to ease the currency’s depreciation ...
France’s Macron urges Lebanon to ‘get rid’ of leaders blocking reforms
French President Emmanuel Macron called on Lebanon Friday to “get rid” of its political leadership who have for months blocked reforms vital to save its stricken economy.“The problem with Lebanon is ...
Lebanon tariff hikes squeeze struggling residents as reforms stall
Every time a part of his old grey Mercedes breaks, 62-year-old Beirut cab driver Abed Omayraat faces a tough choice: go into debt to import an expensive car part, or raise fares for customers whose ...
US court decision paves way for depositor case against Lebanese bank
Abdelsater said the Raads wanted access to $17 million they had in savings at Bank Audi.
Lebanon starts hiring for power body to comply with terms for World Bank funds
Lebanon’s energy ministry said on Thursday it has begun hiring for a key power sector regulatory body, taking the final step towards unlocking World Bank financing for regional gas import deals to ...
French prosecutors name Ukrainian suspect in Lebanese central bank probe
French prosecutors said on Monday they have put a Ukrainian woman linked to the governor of Lebanon’s central bank under formal investigation as part of a cross-border probe into alleged fraud to the ...
‘There is no future’: Lebanon’s new poor face long-term stagnation as crisis worsens
Unemployed and unable to support his family of four, Hussein Hamadeh, 51, now spends his days trying to find help to weather a protracted economic crisis that some Lebanese fear has become the new ...
UN refugee agency chief calls for sustained support to Lebanon’s most vulnerable
The United Nations’ refugee agency chief called Saturday for sustained support for Syrian refugees in Lebanon and vulnerable Lebanese citizens, three years after the country’s economy began collapsing ...
Lebanon’s caretaker govt to meet after long hiatus, financial reforms not on agenda
Lebanon’s caretaker government will hold its first session in more than six months next week but the agenda, seen by Reuters, omits any mention of possible steps towards fulfilling reforms required ...
Lebanon MPs fail for seventh time to elect president despite economic crisis
Lebanese lawmakers failed for a seventh time Thursday to elect a successor to former president Michel Aoun, even though the vacancy is hampering efforts to rescue the stricken economy.Parliament is ...
Lebanon’s top judge decries political meddling, calls for ‘revolution’ in courts
Lebanon’s most senior judge on Friday said meddling by the political leadership in the work of the judiciary had led to a chaotic situation that required a “revolution in approaches” to resolve, in a ...
Lebanon’s divided parliament fails for sixth time to elect president
Lebanese lawmakers failed for a sixth time Thursday to elect a successor to former president Michel Aoun, whose mandate expired last month, highlighting deep divisions in the crisis-hit ...
Hezbollah chief seeks assurances from Lebanon’s next president
Hezbollah wants Lebanon’s next president to “reassure” the group and stand up to the United States, its leader Hassan Nasrallah said Friday, after Michel Aoun’s term expired last month without a ...
Lebanese MPs fail for fifth time to elect president
Lebanon’s divided parliament failed Thursday to elect a new president for the fifth time, with the post vacant since the mandate of Michel Aoun expired last month.Michel Moawad, whose father Rene ...
US to give Lebanon $80.5 million in aid amid economic crisis
Power also announced $8.5 million to fund 22 new solar-powered pumping stations.