The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress
High inflation and low productivity are but two of the concerns being voiced by Iranian media outlets about the state of the country's economy, as it enters a new year.
The depth of anger at the government is back on show after a stop to fuel subsidies sparked fresh protests. This comes amid an ongoing economic crisis that has no end in sight.
Circular 165 is, at first glance, a technical note on procedure from the embattled central bank. But its proposals to attract dollars will have immediate and far-reaching consequences.
The Lebanese parliament failed to elect a new head of state on Thursday to replace President Michel Aoun when his term ends on Oct. 31, signalling the likelihood of the post being left vacant as the…
Two years ago, I predicted in Foreign Affairs that the COVID-19 recession, coming on top of the financial crisis of 2008, would lead rich democracies to redefine the outer limits of their monetary…
The depiction of a land-grabbing colonialist power turning on its weaker neighbour feels aimed at Israel, its advocates say. Yet supporters of Palestine should be up in arms, too.
US envoy to Syria Tom Barrack used his latest visit to Beirut to deliver what was, in effect, an ultimatum to the Lebanese government, though he took care not to present it as such
The moves by France, the UK and other Western states appear to be more about appeasing domestic critics with symbolic gestures rather than a genuine attempt to change Israel's behaviour