financial crisis
Mired in crises, Lebanon marks 1 year since horrific blast
Middle East
August 4, 2021
Mired in crises, Lebanon marks 1 year since horrific blast
BEIRUT (AP) — Banks, businesses and government offices were shuttered Wednesday as Lebanon marks one year since the horrific explosion…
Tunisia’s Saied moves on economy and COVID-19 after dismissing govt
Middle East
July 29, 2021
Tunisia’s Saied moves on economy and COVID-19 after dismissing govt
TUNIS, July 28 (Reuters) – Tunisia’s president said on Wednesday he was addressing the dire economic and COVID-19 situation and…
Lebanese fleeing collapse at home seek security, salaries in UAE
Middle East
July 26, 2021
Lebanese fleeing collapse at home seek security, salaries in UAE
DUBAI, July 26 (Reuters) – Until a few months ago, 32-year-old Michelle Chaaya was a human resources professional at a…
Lebanese Sunni tycoon Najib Mikati poised to be designated PM
Middle East
July 26, 2021
Lebanese Sunni tycoon Najib Mikati poised to be designated PM
BEIRUT, July 25 (Reuters) – Lebanon’s wealthy businessman and former premier Najib Mikati is poised to be designated prime minister…
Europe, US urge Lebanese politicians to quickly form Cabinet
Middle East
July 16, 2021
Europe, US urge Lebanese politicians to quickly form Cabinet
BEIRUT (AP) — Seeking to stabilize Lebanon after a series of crises, France, the European Union and the US on…
Syria’s president decrees 50% salary hike amid harsh crisis
Middle East
July 11, 2021
Syria’s president decrees 50% salary hike amid harsh crisis
DAMASCUS, Syria (AP) — Syrian President Bashar Assad issued a decree Sunday giving hundreds of thousands of civil servants and…
Government raises price of staple bread once more in Lebanon
Middle East
July 11, 2021
Government raises price of staple bread once more in Lebanon
BEIRUT (AP) — For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread,…
Lebanon workers stage general strike over escalating crises
Middle East
June 17, 2021
Lebanon workers stage general strike over escalating crises
BEIRUT (AP) — Shops, government offices, businesses and banks shuttered their doors in Lebanon on Thursday, as part of a…
World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East
June 1, 2021
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
Lebanon’s central bank says not enough reserves for medical supplies
Middle East
May 27, 2021
Lebanon’s central bank says not enough reserves for medical supplies
Lebanon’s central bank said on Thursday it could not keep up its imports of subsidized medical goods without using its…