financial crisis

Europe, US urge Lebanese politicians to quickly form Cabinet
Middle East

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

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

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

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

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

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…
Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries
Egypt

Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries

On Tuesday evening, the Egyptian Foreign Ministry asked the Lebanese ambassador in Cairo, Ali al-Halaby, to provide an explanation for…
Underage marriages increase in Lebanon during pandemic
Middle East

Underage marriages increase in Lebanon during pandemic

Aid groups in Lebanon say the country’s ongoing economic crisis, compounded by the coronavirus pandemic, is forcing more children into underage…
Turkey’s Karpowership shuts down power to Lebanon
Middle East

Turkey’s Karpowership shuts down power to Lebanon

Turkey’s Karpowership, which provides electricity to Lebanon from two barges, said on Friday it was shutting down supplies over payment…
Lebanon could gradually go dark as cash for electricity runs out
Middle East

Lebanon could gradually go dark as cash for electricity runs out

Lebanon could go dark as cash for electricity generation runs out this month, a government statement said on Thursday. “We…
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