Lebanon raises fuel prices in bid to ease shortages
Lebanon’s government raised fuel prices by more than a third on Tuesday, a move aimed at alleviating crippling shortages but which will mount pressure on impoverished consumers.
The government ...
Lebanon’s economic collapse bites hard in neglected north
Taha Riz has worked just three days in more than a month at his Tripoli bakery, in Lebanon’s neglected north where economic meltdown has hit hardest and plunged thousands ...
Lebanon approves financing fuel imports at weaker exchange rate
Lebanon’s caretaker prime minister on Friday approved a proposal to finance fuel imports at the rate of 3,900 Lebanese pounds to the dollar, instead of the previous 1,500 pound rate, amidst ...
As Lebanon battles crisis, coastal city Batroun thrives on local tourism
While businesses across Lebanon are fighting to survive a monumental economic meltdown, the coastal city of Batroun is thriving as a tourist destination for Lebanese whose summer plans have been ...
Lebanese opt for beer over banks
Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to take a punt. For them, ...
Lebanon’s president approves loan for fuel to generate electricity
Lebanon’s President Michel Aoun approved an exceptional loan of up to 300 billion Lebanese pounds ($200 million) on Monday for the state electricity company to import fuel for generation before supplies ...
Electricity company shuts down power to Lebanon
Turkey’s Karpowership, which provides electricity to Lebanon from two barges, said on Friday it was shutting down supplies over payment arrears and a legal threat to its vessels as ...
Lebanon’s lights may go off as cash for electricity runs out
Lebanon‘s lights may go off this month because cash for electricity generation is running out, a lawmaker said on Thursday, as the country grapples with a deep economic crisis.
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Syrian refugees face Ramadan penury amid Lebanon’s economic ruin
Hussein al-Khaled and his family have lived in a makeshift hut in Lebanon for a decade since fleeing the war in neighbouring Syria, but this year COVID and economic collapse ...
Cyprus, Greece and Lebanon discuss deepening of relations
Tripartite, regional cooperation is not just declarations but aim at producing tangible results to the benefit of the peoples concerned, especially the new generation, Foreign Minister Nicos Christodoulides said on ...
Lebanon could sink like the Titanic, parliament speaker says
Influential parliamentary speaker Nabih Berri said on Monday that Lebanon would sink like the Titanic if it could not form a government.
“The whole country is in danger, the whole ...
Chaotic scenes in Lebanon, deadlock fuels seventh day of street protests
Demonstrators burnt tyres to block main roads all over Lebanon for the seventh straight day on Monday in anger at more than a year of economic crisis and seven months ...
Lebanon’s caretaker PM pleads for a new government as protests continue
Lebanon’s caretaker Prime Minister Hassan Diab threatened on Saturday to stop performing his duties to pressure politicians to form a new government, citing an incident in which shoppers fought ...