A year after Wassim Mansouri became governor of the Bank of Lebanon, depositors remain disappointed. His is an unenviable task, upon which rest the hopes of many, but reform is needed
The Banque du Liban's reputation at home and abroad is in tatters. To restore it, the next governor should be exceptional – independently minded, able to say 'no' and perhaps even a foreigner.
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.
During a meeting of EU Foreign Ministers in Brussels earlier this week, the French Foreign Minister Jean-Yves Le Drian called for the EU to start the process of imposing sanctions on Lebanese…
The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike
An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.
A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.