Posts Tagged: Lebanon financial crisis
Lebanese Parliament Fails to Elect New Head of State
The Lebanese parliament failed to elect a new head of state on Thursday to replace President Michel Aoun when his term ends on Oct. 31,...
‘Financial Surrealism’: Lebanese Opt for Beer Over Banks
Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to...
Lebanon’s Deadlock Fuels Seventh Day of Street Protests
Lebanon's president asked security forces to prevent roadblocks after protesters shut main roads across the country for a seventh straight day on Monday in anger...
Concerns Mount as Lebanon Struggles to Take First Steps Out of Crisis
Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under way shaken by what government...
Crisis Puts Lebanon’s Survival at Stake, Hezbollah Warns
Lebanon may not survive if its new government fails, the powerful Hezbollah warned on Sunday, urging the country's divided politicians not to obstruct the cabinet...
Lebanon Approves Financial Rescue Plan With ‘Painful Steps’
Lebanon's government on Thursday approved a rescue plan to pull the country's from its worst financial crisis in decades, including interest rate cuts, recapitalization of...
