Lebanon

IMF deal seen as only way out for Lebanon
Middle East

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

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

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

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

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

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

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

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

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

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 –…
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