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النسخة العربية
  • Politics
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  • Lebanon's financial crisis

Despite a new president, a new prime minister, a new government, and a new central bank governor, what has actually changed after Lebanon's economic collapse? Lina Jaradat

A state in crisis: Lebanon’s struggle to restore financial stability 

Following the appointment of a new president, Lebanon has struggled to come to terms with the deep-rooted challenges of its financial collapse

Toufic Chanbour 20 December 2025
The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress. Nash Weerasekera

A huge legal battle between Lebanon and its creditors looms

The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress

Salwa Baalbaki 21 April 2024
While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform Eduardo Ramon

'Zombie' banks rise from deathly grip of financial corruption

While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform

Toufic Chanbour 27 March 2024
Lebanon's outgoing central bank governor Riad Salameh. Reuters

Salameh gives farewell interview steeped in contradictions

Lebanon's central bank governor leaves office after three decades, leaving depositors and the fate of their life savings in the hands of a crude ruling elite

Toufic Chanbour 31 July 2023
A woman stands with a sign during a protest by the Depositors Solidarity Union group protesting against the Lebanese Central Bank's monetary policies and the deteriorating economic situation, outside bank headquarters in Beirut. AFP

Lebanon crisis back under world spotlight

A trio of high-profile political or diplomatic institutions have looked again at Beirut but without enough attention on the financial aspect of its woes

Toufic Chanbour 29 July 2023
  • Popular
  • Editor's Pick
Mark Smith
Politics

Trump’s deal: repercussions in the Gulf, Iran, and Israel

18 June 2026

The MOU reached by the two warring nations forces a rethink of the Middle East's political, security, and economic landscape

Al Majalla - London
Opinion

Hormuz may reopen, but the deal is strewn with mines

21 June 2026

Perhaps Lebanon, not the nuclear file, will become the real test of the agreement's ability to survive

Ibrahim Hamidi
Al Majalla
Politics

New laws will embed Israel in US security agencies

16 June 2026

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

Robert Ford
Business & Economy

Hormuz is open, but obstacles to trade still linger

22 June 2026

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.

Neil Quilliam
A painting by the Egyptian artist George Bahgory from the series “Love and Football”.
George Bahgoury via Facebook
Culture & Social Affairs

Football and art: fusing a popular sport with culture

22 June 2026

Artists use paintings, sculpture, murals, and digital designs to iconise, idolise, and mythologise football culture in a language understood by all

Mimoza Al-Arrawi

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OPINIONS

World Cup 2026: three countries, one continent

Al Majalla - London
Al Majalla - London

Football and art: fusing a popular sport with culture

Mimoza Al-Arrawi
Mimoza Al-Arrawi

The fall of Keir Starmer

 John Kampfner
 John Kampfner

Hormuz is open, but obstacles to trade still linger

Neil Quilliam
Neil Quilliam
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