News Lebanon Beirut: UN peacekeepers to exit Lebanon by mid-2027 amid financial strain, political pressure
BEIRUT, Feb 11 — The United Nations Interim Force in Lebanon plans to withdraw most of its troops by mid 2027, its spokesperson told AFP yesterday, after the peacekeepers’...
News Lebanon Beirut: Lebanon raises minimum wage from $27 to $92 a month
Hundreds of retired soldiers protested outside government headquarters as the Cabinet discussed an increase in public sector salaries.
News Lebanon Beirut: US, UN Launch Financial Support Program for Lebanon's Internal Security Forces
The United States Embassy in Beirut and the United Nations have announced the immediate implementation of a financial support program for eligible members of Lebanon's Internal Security Forces.
News Lebanon Beirut: Lebanon’s political impasse continues despite Iran-Saudi deal
As the recent China-brokered Saudi-Iran deal brought a glimmer of hope to the Middle East, it cast a shadow of doubt on Lebanon, where a months-long presidential vacuum has deepened the country’s ...
News Lebanon Beirut: French prosecutors accuse Lebanon central bank chief of hiding fraud
BEIRUT/PARIS, April 21 (Reuters) - French prosecutors have told Lebanon's central bank governor Riad Salameh they plan to press preliminary fraud and money laundering charges against him, partly based on allegedly forged bank statements used to conceal his wealth, according to French court documents seen by Reuters. The accusation of using fake account statements, which had not previously been
News Lebanon Beirut: Lebanon banks to suspend strike at 'wish of prime minister'
Lebanon's banks will suspend an ongoing strike for one week at the request of the country's caretaker premier, the Association of the Banks of Lebanon announced on Friday, days after the prime minister moved against a judge investigating the financial institutions.
News Lebanon Beirut: Financial crisis leads some in Lebanon to rob banks to access their money
Lebanon's deep financial crisis is affecting every aspect of life there. There is no consistent electricity, most poor go hungry and joblessness is at record levels. With its currency nearly worthless, most keep their savings in U.S. dollars which are still hard to retrieve from banks. Leila Molana-Allen and Nick Schifrin look at the depths of despair driving people to extraordinary measures.
News Lebanon Beirut: Economic meltdown in Lebanon leaves schoolchildren hungry
BEIRUT — Cash-strapped Lebanese families are struggling to ... Caroline Beaini, a child nutritionist based in Lebanon, told Al-Monitor, “It’s disheartening and shocking to see children going to school ...
News Lebanon Beirut: Public sector strike cripples cash-strapped Lebanon
BEIRUT (AP) — Tarek Younes was once solidly middle class and felt he helped contribute to society as an inspector in the Lebanese government’s consumer protection agency. But the country's economic free-fall has eroded his income and civic pride.
News Lebanon Beirut: Lebanon banking group rejects latest draft of financial recovery plan
BEIRUT (Reuters) -The Association of Banks in Lebanon said on Saturday it “completely rejects” the government’s latest draft of a financial recovery plan meant to pull the country out of an economic meltdown. In a statement shared with Reuters, the ABL called the plan “disastrous” and said it would leave banks and depositors shouldering the “major portion” of losses. The government estimates that the financial sector's losses amount to $72 billion.
News Lebanon Beirut: Europe Fertilizer Market size to cross $32bn by 2027, says Graphical Research
Major fertilizer market players in Europe region Nutrien Ltd., CF Industries Holdings Inc., The Mosaic Company, Yara International ASA, and Gemlik Fertilizer Inc.Pune, India, May 04, 2022 (GLOBE NEWSWIRE) -- As per a recent industry report put forward by Graphical Research, the Europe fertilizer market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of USD 32 billion by 2027. Rising population will be one of the most importan
News Lebanon Beirut: Funerals held in Lebanon's Tripoli after migrant shipwreck, dozens still missing
The Lebanese army found another body from a migrant shipwreck in the sea off Lebanon's northern coast overnight, a port official told Reuters on Monday, bringing the death toll up to seven as rescue ...
News Lebanon Beirut: At least 6, including little girl, dead after migrant ship capsizes off Lebanon
Accident not the first of its kind for crisis-hit country, as growing number attempt escape by sea to better future, given rising poverty and unemployment rates ...
News Lebanon Beirut: Several dead, dozens rescued after migrant boat capsizes off Lebanon
At least six people died, including a little girl, and almost 50 others were rescued after an overloaded migrant boat capsized off north Lebanon during a chase by naval forces, Lebanese officials said.
News Lebanon Beirut: At Least 6 Dead, 48 Rescued after Migrant Ship Capsizes off Lebanon
At least six people died, including a little girl, and almost 50 others were rescued after migrant boat capsized off Lebanon, state media say, in the latest tragedy at sea off crisis-hit country ...
News Lebanon Beirut: Lebanon army says thwarts fresh migrant trafficking attempt
BEIRUT (AP) — Lebanon's military on Friday said it has detained five people in the northern city of Tripoli as they prepared to smuggle 85 migrants by boat to Europe. The announcement came days after a boat carrying more than 60 migrants capsized on April 23 off the coast of Tripoli.
News Lebanon Beirut: Man overseeing Lebanon vote frets about disruptions, vote buying
Leaving his office this week, the 80-year-old head of Lebanon's election commission escorted journalists down eight flights of stairs, lighting the way with a mobile phone. Less than three weeks before Lebanon's parliamentary elections, retired judge Nadim Abdelmalak is worried about what the crisis means for the fairness of the process. He said his team was understaffed to oversee voting properly, ballots could easily be bought and candidates with more means were at a huge advantage over those without.
News Lebanon Beirut: Standoff with Lebanon banks could derail IMF deal, minister says
Lebanon's efforts to secure $3 billion in International Monetary Fund support to help it tackle its financial crisis could be derailed by divisions over how to deal with massive financial sector losses, the economy minister told Reuters on Wednesday.
