currency crisis
Lebanon’s top Christian clerics blast politicians as hunger, hardship bite
Middle East
July 6, 2020
Lebanon’s top Christian clerics blast politicians as hunger, hardship bite
BEIRUT (Reuters) — Lebanon’s Christian authorities slammed politicians on Sunday for failing to remedy an economic meltdown that has left…
Lebanese major retailers to shut down amid economic crisis
Middle East
July 3, 2020
Lebanese major retailers to shut down amid economic crisis
BEIRUT (AP) — Major retailers in Lebanon announced on Thursday they will temporarily shut down in the face of an…
Lebanese government raises subsidized bread prices as currency tumbles
Middle East
July 1, 2020
Lebanese government raises subsidized bread prices as currency tumbles
BEIRUT (Reuters) – The Lebanese government on Tuesday raised the price of a 900-gram loaf of partially subsidized bread to…
Lebanon’s plea to skeptical expats: Come visit, bring cash
Middle East
July 1, 2020
Lebanon’s plea to skeptical expats: Come visit, bring cash
BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese…
Collapsing Lebanese pound hits new lows, food imports reduced
Middle East
June 26, 2020
Collapsing Lebanese pound hits new lows, food imports reduced
BEIRUT (Reuters) — The Lebanese pound tumbled to new lows against the dollar on Friday on a parallel market where…
Lebanon’s Aoun sees ‘civil war’ climate as critics boycott meeting
Middle East
June 25, 2020
Lebanon’s Aoun sees ‘civil war’ climate as critics boycott meeting
BEIRUT (Reuters) — President Michel Aoun warned on Thursday of an “atmosphere of civil war” during recent unrest in Lebanon…
Iran’s currency reaches lowest value ever against the dollar
Middle East
June 23, 2020
Iran’s currency reaches lowest value ever against the dollar
TEHRAN, Iran (AP) — Iran’s currency on Monday dropped to its lowest value ever against the dollar and officials warned…
Lebanon’s crisis, pandemic hit American University in Beirut
Middle East
June 23, 2020
Lebanon’s crisis, pandemic hit American University in Beirut
BEIRUT (AP) — One of the Arab world’s oldest and most prestigious universities, which endured civil war, kidnappings and various…
As Lebanon sinks into crisis, fear of crime grows
Middle East
June 22, 2020
As Lebanon sinks into crisis, fear of crime grows
BEIRUT (Reuters) — Vincent al-Boustani’s local council, in a small town north of Lebanon’s capital, runs a tight ship: staff…
Nasrallah says Lebanon should not observe US Syria sanctions
Middle East
June 17, 2020
Nasrallah says Lebanon should not observe US Syria sanctions
BEIRUT (AP) — The head of Hezbollah group on Tuesday said Lebanon should not observe new US sanctions against Syria…