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النسخة العربية
  • Politics
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  • Lebanese Central Bank

Lebanon's new central bank chief has had a year to make progress on the mess he inherited. So far, so disappointing. Eduardo Ramon

No magic wand: Lebanon’s new central bank boss comes up short

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

Toufic Chanbour 24 August 2024
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. Al Majalla

Lebanon needs an exceptional central bank governor for difficult times

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.

Toufic Chanbour 18 July 2023
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. Jamie Wignall

How an obscure bank circular will worsen Lebanon's financial crisis

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.

Toufic Chanbour 25 May 2023
French President Emmanuel Macron gives the opening speech of a video international donor conference for Lebanon at the Elysee presidential Palace in Paris on December 2, 2020. (Getty)

The Prospects of EU Sanctions on Lebanese Politicians

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…

Hanin Ghaddar 23 April 2021
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In this image, taken from a video provided by the Russian Defence Ministry Press Service on 21 May 2026, a Russian navy seaman takes part in drills of Russia's nuclear forces. Russian Defence Ministry Press Service/AP
Politics

Russia’s timely reminder of its vast nuclear arsenal

03 June 2026

Military exercises in Belarus at an unusual time of year seem designed in part to make Moscow's adversaries think twice

Khattar Abu Diab
Opinion

Has Trump's patience with Netanyahu run out?

04 June 2026

The Israeli leader's intransigence is proving deeply problematic for the White House, so much so that Trump swore at him on a recent phone call

Con Coughlin
Units of Moqtada Sadr's militia parade with his photo down a main street of the Shiite stronghold of Sadr City June 21, 2014, in Eastern Baghdad. Washington Post
Politics

Sadr once again dismantles his armed militia. Why now?

03 June 2026

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

Khairuldeen Al Makhzoomi
Adrián Astorgano
Business & Economy

Why people flock to the dollar when local currencies collapse

05 June 2026

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.

Abdel-Rahman Ayas
A Royal Caribbean cruise sails into the Havana harbour on 6 May 2019, after the activation of Chapter III of the Helms-Burton Act, which sought to intensify the US blockade against Cuba. YAMIL LAGE / AFP
Politics

Cuba, lawfare, and Trump’s Venezuela temptation

02 June 2026

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.

Stefanie Butendieck Hijerra

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OPINIONS

Why people flock to the dollar when local currencies collapse

Abdel-Rahman Ayas
Abdel-Rahman Ayas

Roman Gofman: Israel's new Netanyahu-friendly Mossad chief

Kamal Alam
Kamal Alam

Lower migrant numbers hand Starmer a rare political win

Con Coughlin
Con Coughlin

Al Majalla's Book Watch

Khodr Al Agha
Khodr Al Agha
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