financial crisis

World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East

World Bank: Lebanon’s crisis among world’s worst since 1850s

BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
Lebanon’s central bank says not enough reserves for medical supplies
Middle East

Lebanon’s central bank says not enough reserves for medical supplies

Lebanon’s central bank said on Thursday it could not keep up its imports of subsidized medical goods without using its…
Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries
Egypt

Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries

On Tuesday evening, the Egyptian Foreign Ministry asked the Lebanese ambassador in Cairo, Ali al-Halaby, to provide an explanation for…
Underage marriages increase in Lebanon during pandemic
Middle East

Underage marriages increase in Lebanon during pandemic

Aid groups in Lebanon say the country’s ongoing economic crisis, compounded by the coronavirus pandemic, is forcing more children into underage…
Turkey’s Karpowership shuts down power to Lebanon
Middle East

Turkey’s Karpowership 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…
Lebanon could gradually go dark as cash for electricity runs out
Middle East

Lebanon could gradually go dark as cash for electricity runs out

Lebanon could go dark as cash for electricity generation runs out this month, a government statement said on Thursday. “We…
French FM in Lebanon with a message of ‘great firmness’
Middle East

French FM in Lebanon with a message of ‘great firmness’

BEIRUT (AP) — France’s foreign minister began a visit to Lebanon Thursday with a message of “great firmness” to its…
As Lebanese cry for justice, politics paralyzes the system
Middle East

As Lebanese cry for justice, politics paralyzes the system

BEIRUT (AP) — Even after she was taken off an investigation into alleged financial crimes by a money transfer company,…
Syrian pound improves after central bank raises exchange rate
Middle East

Syrian pound improves after central bank raises exchange rate

AMMAN (Reuters) – Syria’s currency rose on Sunday in the first day of trading after the central bank raised the…
US urges Lebanese leaders to break political impasse
Middle East

US urges Lebanese leaders to break political impasse

BEIRUT (AP) — A senior US official on Wednesday berated Lebanese politicians for fighting over the formation of a new…
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