Fifty years after the outbreak of fighting, Lebanon still suffers from the effects of corruption and clientelism, undermining the achievements made during brief periods of stability
The IMF's stark failure to warn of a looming crisis in Lebanon reveals why it has long been controversial, alongside the characteristic shortcomings as the lender of last resort
Lebanese leaders have created a crisis so severe that the World Bank classified it as one of the worst crises that humanity has known since the middle of the 19th century
Lebanon’s central bank governor defended himself Wednesday against scathing criticism by the government, claiming there is a “systematic campaign” meant to hold him responsible for the country’s…
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.
Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.