July 6th, 20210BEIRUT — Lebanon is a few days away from a social explosion, caretaker Prime Minister Hassan Diab warned on Tuesday, calling on the international community to save a country in deep economic crisis.
The World Bank has called Lebanon's crisis one of the worst depressions of modern history. The currency has lost more than 90 percent...
August 7th, 20200BEIRUT (REUTERS) — Lebanon’s president said on Friday an investigation into the biggest blast in Beirut’s history would examine whether it was caused by a bomb or other external interference, as residents tried to rebuild their shattered lives after the explosion.
The search for those missing has intensified, as rescuers sifted...
August 3rd, 20200
BEIRUT (REUTERS) — Lebanon named the president’s diplomatic adviser as new foreign minister on Monday after Nassif Hitti quit the post, blaming a lack of political will to enact reforms to halt a financial meltdown, which he warned could turn Lebanon into a failed state.
Foreign donors have...
July 17th, 20200
BEIRUT - Lebanon’s financial adviser Lazard will see if a government financial rescue plan can be adjusted to reach a compromise workable for the International Monetary Fund, two sources said on Friday, after the plan hit resistance from politicians, banks and the central bank.
The plan, which...
