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…
A US-Israeli attack on Iran has turned into a regional war, sending Brent crude prices over $100 a barrel, and throwing shipping, inflation, and monetary policy into turmoil
The current conflict is unlikely to go global for now, but the speed at which it has spread regionally is alarming. A look at history shows the geopolitical factors that led to world wars.
Riyadh and Cairo are trying to ease the acute oil shortfall through alternative pipelines, but these are just band-aid solutions, as the world's most vital energy corridor remains closed by Iran
The rushed 2025 rollout raised questions about the government's seriousness. Since then, no meaningful record has been published, fuelling fears that it was just a show.