Banks are to remain closed Tuesday in light of ongoing protests across the country, the Association of Banks in Lebanon announced Monday evening.
Banks to remain closed Tuesday: Association of Banks in Lebanon
Banks to close Monday: Association of Banks in Lebanon
The International Monetary Fund Tuesday projected Lebanon’s GDP growth at 0.2 percent in 2019, 0.2 percent in 2020 and 0.9 percent in 2021.
Lebanon beat Sri Lanka 3-0 Tuesday to win its second World Cup qualifying match in less than a week.
Lebanon’s economy will contract for the first time in 20 years, the World Bank forecast Thursday.
Several hundred people gathered in Downtown Beirut to protest against Lebanon’s worsening economic and living conditions for a second consecutive Sunday.
Up to 20 percent of Lebanon’s population depends on the agrifood sector for their subsistence.
Credit ratings agency Moody’s has maintained Lebanon’s Caa1 score but warned of a possible downgrade within three months unless there are positive changes to...
The U.K.-Lebanon Association Agreement was signed Thursday, at the Lebanon-U.K. Tech Forum, which was held by the Lebanese Embassy in London.
Finance Minister Ali Hasan Khalil said Wednesday that Lebanon intended to issue $2 billion in Eurobonds, but with interest rates lower than the market.
At the root of the economic grievances fueling Lebanon’s mass protests lies what looks like a regulated Ponzi scheme.
Lebanon and the Central Bank in particular have the means to contain any unforeseeable financial crisis in the short and medium term despite Moody’s...
International ratings agency Moody’s Tuesday downgraded Lebanon’s credit rating to Caa2 – deep into junk territory – and said it remained “on review” for a...
London-based Capital Intelligence downgraded Lebanon’s long-term foreign currency rating and long-term local currency rating to B-minus from B.
Calls are mounting for Lebanon to impose formal restrictions on the movement of money to defend the country’s dollar peg and prevent a run on the banks when...
Lebanon’s political and banking crisis has put growing pressure on its 22-year-old currency peg to the U.S. dollar and foreign funds fear a devaluation now...
A local financial expert has strongly disputed Tuesday's credit downgrade of two major banks by ratings agency Fitch, calling the move hasty and unfortunate.
Hariri to address Lebanon at 4 p.m.