economic crisis

Lebanon PM blames currency crash on Central Bank governor
Middle East

Lebanon PM blames currency crash on Central Bank governor

BEIRUT (AP) — Lebanon’s prime minister said Friday he is holding the country’s Central Bank governor responsible for the downward…
Governments step up economic response to coronavirus
World

Governments step up economic response to coronavirus

Governments and central banks on Monday stepped up efforts to shield the world economy from the impact of the coronavirus…
Blip or bust: coronavirus economic impact still in doubt
World

Blip or bust: coronavirus economic impact still in doubt

Markets have shuddered as the coronavirus spreads worldwide, but analysts doubt it will plunge economies into a crisis like the…
Frustrated Lebanese depositors turn rage on crisis-hit banks
Middle East

Frustrated Lebanese depositors turn rage on crisis-hit banks

BEIRUT (Reuters) — As cash runs short at Lebanon’s banks, so has the patience of depositors. Hit by restrictions on…
Lebanese protesters back in streets following brief lull
Middle East

Lebanese protesters back in streets following brief lull

BEIRUT (AP) — Following a brief lull, Lebanese protesters returned to the streets, blocking several roads around the capital, Beirut,…
Lebanese protesters turn their ire on banks
Middle East

Lebanese protesters turn their ire on banks

BEIRUT (AP) — Dozens of Lebanese protesters held a brief sit-in inside a bank in Beirut and another in the…
As crisis hits, Lebanese businesses fight for survival
Middle East

As crisis hits, Lebanese businesses fight for survival

After decades of hard work, self-made Lebanese chocolatier Roger Zakhour thought he would finally be able to pass a successful…
Christmas in Lebanon not so merry as economic crisis bites
Middle East

Christmas in Lebanon not so merry as economic crisis bites

BEIRUT (Reuters) – Rafi Tabakian’s clothing store in a Beirut suburb is usually buzzing with customers during the holiday season,…
Lebanese PM asks friendly nations for credit amid crisis
Middle East

Lebanese PM asks friendly nations for credit amid crisis

BEIRUT (AP) — Lebanon’s outgoing prime minister called on several Arab and world leaders on Friday to help his country…
Zimbabwe facing ‘man-made’ starvation, UN expert warns
World

Zimbabwe facing ‘man-made’ starvation, UN expert warns

Zimbabwe is facing “man-made” starvation with 60 percent of the people failing to meet basic food needs, a UN special…
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