currency crisis
Trapped migrant workers suffer from Lebanon’s dollar crisis, lockdown
Middle East
May 22, 2020
Trapped migrant workers suffer from Lebanon’s dollar crisis, lockdown
BEIRUT (Reuters) — Temitope can’t find work in Lebanon since the Nigerian domestic worker escaped her employer’s house last month.…
Lebanon central bank official probed over currency crash
Middle East
May 15, 2020
Lebanon central bank official probed over currency crash
BEIRUT (AP) — Lebanon’s financial prosecutor questioned a top central bank manager Friday over the country’s financial crisis, which has…
Lebanon faces grave threat to stability as poverty mounts
Middle East
May 11, 2020
Lebanon faces grave threat to stability as poverty mounts
TRIPOLI, Lebanon (AP) — Living in a slum built precariously on the banks of a sewage-tainted river in Lebanon, Faiqqa…
Prominent Beirut university faces fight of its life as crises hit
Middle East
May 8, 2020
Prominent Beirut university faces fight of its life as crises hit
BEIRUT (Reuters) — One of the Arab world’s oldest universities faces its worst crisis since its foundation, with huge losses,…
Turkish lira falls to record low against US dollar
Economy
May 7, 2020
Turkish lira falls to record low against US dollar
ISTANBUL (Reuters) — Turkey’s lira fell to a record low against the US dollar on Thursday after traders interpreted comments…
Hezbollah deems Lebanese government rescue plan an ‘important step’ forward
Middle East
May 5, 2020
Hezbollah deems Lebanese government rescue plan an ‘important step’ forward
BEIRUT (Reuters) — Hezbollah’s leader hailed the Lebanese government’s crisis plan as an “important step” on Monday and warned the…
Lebanon restaurants partially reopen, face faltering economy
Middle East
May 4, 2020
Lebanon restaurants partially reopen, face faltering economy
BEIRUT (AP) — It’s not just a lifestyle, it’s a livelihood. That was the motto used by some of Lebanon’s…
Lebanon to announce long-awaited economic reform plan
Middle East
April 30, 2020
Lebanon to announce long-awaited economic reform plan
BEIRUT (AP) — Lebanon’s government on Thursday endorsed a long-awaited economic rescue plan meant to address a spiraling financial crisis…
Lebanon’s Central Bank governor defends his role amid crisis
Middle East
April 29, 2020
Lebanon’s Central Bank governor defends his role amid crisis
BEIRUT (AP) — Lebanon’s Central Bank governor defended himself Wednesday against scathing criticism, claiming there is a “systematic campaign” meant…
Lebanon cities erupt against economic hardship, one protester killed in Tripoli
Middle East
April 29, 2020
Lebanon cities erupt against economic hardship, one protester killed in Tripoli
TRIPOLI, Lebanon (Reuters) — Protests against growing economic hardship erupted in Tripoli and spread to other Lebanese cities on Tuesday,…