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COVID-19 may give Lebanon’s premier a short-term boost

Location:

LEBANON

This came shortly after Prime Minister Hassan Diab addressed the nation, promising a 1.2-trillion-Lebanese pound (400-million-dollar) stimulus plan -- although it was unclear how…

Lebanese Shia will rely on Hezbollah parallel economy

Location:

LEBANON

This promptly followed reports of a large explosion at a Hezbollah-linked fuel depot on a smuggling route across the Lebanon-Syria border, possibly targeted by Israeli planes.

Lebanon’s Central Bank governor will be replaced

Location:

LEBANON

Salameh, along with his brother Raja, is under investigation in Lebanon and Europe for alleged financial irregularities following Lebanon’s 2019 economic collapse. The economy…

Beirut faces a massive challenge on aid and reform

Location:

LEBANON

The government has drawn up a detailed document setting out the gravity of the country’s economic plight and requesting over 10 billion dollars of additional aid from the IMF and…

Economic collapse drives Lebanese brain drain

Location:

LEBANON

Unhappiness in Lebanon reflects the country’s rapid decline from middle-income to low-income status. The brain drain is depleting vital sectors of staff, although it does bring…

Beirut will need IMF support, despite political costs

Location:

LEBANON

This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…

Lebanese health and education woes risk instability

Location:

LEBANON

This is having highly negative economic and social consequences, with problematic implications for long-term growth and stability. The country’s already extreme inequality is…

Beirut’s internal and external pressures will mount

Location:

LEBANON

As a new crisis in relations with Gulf Cooperation Council (GCC) states intensifies and internal sectarian tensions mount, compromise Prime Minister Najib Mikati is pushing ahead…