Search results
1 – 10 of 18Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
Details
DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
Keywords
Geographic
Topical
A cabinet meeting yesterday to discuss a replacement failed to achieve quorum, as key political forces boycotted it. The first deputy governor, who succeeds by default, has…
It highlighted how the severe, three-year crisis has been deepened by “a failure to take much needed policy action” and “resistance from vested interests to reforms”. It also…
Details
DOI: 10.1108/OXAN-DB280185
ISSN: 2633-304X
Keywords
Geographic
Topical
Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…
Details
DOI: 10.1108/OXAN-DB273730
ISSN: 2633-304X
Keywords
Geographic
Topical
Lebanon is experiencing a political vacuum against the backdrop of an economic meltdown. Politicians have failed to elect a president since Michel Aoun’s term ended on October 31…
Details
DOI: 10.1108/OXAN-DB275623
ISSN: 2633-304X
Keywords
Geographic
Topical
Their situation is increasingly precarious as Lebanese officials call for their forced return amid mounting domestic crises. The situation is getting bleaker, as Lebanon is…
Details
DOI: 10.1108/OXAN-DB275195
ISSN: 2633-304X
Keywords
Geographic
Topical
In the region’s distressed and dysfunctional economies, cryptocurrencies have often become a lifeline for ordinary people, despite volatile prices and a risk of theft. By…
Details
DOI: 10.1108/OXAN-DB274583
ISSN: 2633-304X
Keywords
Geographic
Topical
The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…
Details
DOI: 10.1108/OXAN-DB260652
ISSN: 2633-304X
Keywords
Geographic
Topical
On the previous day, an all-party meeting called to manage the fallout from earlier protests in mid-June that turned into sectarian clashes failed because it was boycotted by key…
Details
DOI: 10.1108/OXAN-DB253570
ISSN: 2633-304X
Keywords
Geographic
Topical
The leading theory suggests an accidental cause. The blast has caused massive devastation and put extreme pressure on struggling healthcare facilities. Lebanon was already facing…