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…
Legislation to fund the American military and intelligence services will include requirements that Israeli defence firms be involved in sensitive projects and that classified information be shared
Even if diplomatic progress continues, the Strait could be closed again. As a result, the geopolitical risk premium attached to Gulf energy exports is unlikely to disappear entirely.