Lebanon to devalue currency by 90 per cent on Feb. 1, central bank chief says
Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a...
Lebanon
Cash is king in Lebanon as banks atrophy
The money exchange shop in Lebanon’s Bekaa Valley was buzzing with business. Cellphones pinged endlessly and employees shouted out various rates as customers flocked in...
ANALYSIS – Lebanese elite bury blast probe, pushing fragile state closer to edge
In their move to bury an investigation into the Beirut port blast, Lebanon’s ruling elite have driven another nail in the coffin of the collapsing...
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,...
European officials to begin Lebanon graft questioning next week
European investigators will arrive in Lebanon on Jan. 16 as part of a cross-border probe into alleged state fraud, Lebanon’s caretaker justice minister said on...
Regional drinks giant relocates to Cyprus
Kassatly Group Holding, a major player in the regional beverage sector, said that it will move to the island by the end of next year...
Irish soldier killed on U.N. peacekeeping mission in Lebanon
An Irish soldier was shot and killed on a U.N. peacekeeping mission in Lebanon and a second was in a critical condition after a hostile...
‘There is no future’: Lebanon’s new poor face long-term stagnation
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...
Beirut ‘neighbourhood watch’ echoes troubled past
By Tom Perry, Issam Abdallah and Timour Azhari In the darkness of Beirut’s unlit streets, men wielding batons and torches are taking security into their...
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...
