The Lebanese cabinet on Friday passed a draft law that aims to address a financial crisis that crippled the economy for six ...
Lebanon's new government is committed to implementing key reforms to lift the country out of its economic crisis, but the nation's new economy minister said such changes could take time. “Lebanon is ...
Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, ...
BEIRUT (Reuters) - Lebanese banks are pulling out the stops to bring in dollars as the country strives to preserve a two-decade old currency peg, offering high returns to customers willing to change ...
BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea. The ...
BEIRUT -- Lebanon's main state electricity company supplied around two hours of power to the national grid, local residents told CNN on Sunday, a day after the country was reported to have ...
WASHINGTON (Reuters) -Lebanon's cabinet is soon expected to approve and send to parliament a long-awaited law needed to restructure its debt burden, the country's economy minister said, adding that ...
Lebanon's real GDP contracted by 34% between 2018 and 2022, according to the World Bank in February, wiping out more than 15 years of economic growth. In October 2019, the country's currency, banks, ...
BEIRUT (Reuters) - After years of political deadlock, Lebanon finally has a new government. Now it needs a new economy. Battered by war in neighboring Syria, neglected by wrangling politicians and ...
BEIRUT — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea. The retro-themed ...