Lebanon
IMF deal seen as only way out for Lebanon
Middle East
March 4, 2020
IMF deal seen as only way out for Lebanon
BEIRUT (Reuters) — The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund…
Saudi Arabia halts travel to Islam’s holiest site over virus
Middle East
February 27, 2020
Saudi Arabia halts travel to Islam’s holiest site over virus
DUBAI, United Arab Emirates (AP) — Saudi Arabia on Thursday halted travel to the holiest sites in Islam over fears…
Iranian clerics keep shrines open, even as virus spreads
Middle East
February 26, 2020
Iranian clerics keep shrines open, even as virus spreads
DUBAI, United Arab Emirates (AP) — Shia shrines that attract tens of millions of visitors annually have come under focus…
Iran reports 2 more deaths, 13 new cases of new coronavirus
Middle East
February 21, 2020
Iran reports 2 more deaths, 13 new cases of new coronavirus
TEHRAN, Iran (AP) — Iranian health authorities on Friday reported two more deaths from the new virus that emerged in…
IMF experts meet Lebanese PM at start of visit
Middle East
February 20, 2020
IMF experts meet Lebanese PM at start of visit
BEIRUT (Reuters) – A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a…
Lebanon finances point to debt restructuring: Fitch Ratings
Middle East
February 19, 2020
Lebanon finances point to debt restructuring: Fitch Ratings
BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…
Snubbed by Gulf, Lebanon’s PM Diab hosts Iranian official
Middle East
February 18, 2020
Snubbed by Gulf, Lebanon’s PM Diab hosts Iranian official
BEIRUT (Reuters) – Lebanese Prime Minister Hassan Diab, who is getting the cold shoulder from Gulf Arab states, on Monday…
Lebanon weighs defaulting or paying Eurobond next month
Middle East
February 13, 2020
Lebanon weighs defaulting or paying Eurobond next month
BEIRUT (AP) — Lebanon’s finance minister said Thursday the country’s new government is weighing whether to pay or default on…
Lebanese Cabinet wins vote of confidence from Parliament
Middle East
February 12, 2020
Lebanese Cabinet wins vote of confidence from Parliament
BEIRUT (AP) — Lebanon’s new Cabinet won a vote of confidence from Parliament on Tuesday, paving the way for it…
Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites
Middle East
February 11, 2020
Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites
LONDON (Reuters) – The worst is yet to come for Lebanon’s banks. The old-style way of running the economy –…