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النسخة العربية
  • Politics
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  • Lebanon's financial crisis

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
Lina Jaradat
Politics

Trump, Sharaa, and the future of Syria

05 December 2025

There was visible warmth when the US and Syrian presidents met in the Oval Office last month, with some even speculating a Trump visit to Damascus. But there is much to do before that happens.

Robert Ford
AFP / Al Majalla
Politics

The GCC moves from ‘safe neutrality’ to ‘indivisible security’

05 December 2025

Following the unprecedented attacks on Qatar, Gulf leaders have pledged to forge a unified defence front, marking a historic shift from cautious neutrality to collective security

Omar Harkous
Jay Torres
Politics

The evolution of Latin America’s drug cartels

04 December 2025

What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries

Stefanie Butendieck Hijerra
AFP / Al Majalla
Politics

Why the US is asking Lebanon for its bomb back

05 December 2025

When Israel killed a Hezbollah military chief in late November, one GBU-39 bomb failed to detonate, leaving Washington worried that its adversaries could reverse engineer it

Michael Horowitz
Spanish poet Miriam Reyes Wikimedia Commons
Culture & Social Affairs

Spanish poet Miriam Reyes on escaping the prison of the page

03 December 2025

With her collection 'Con' having won Spain's 2025 National Poetry Prize, the Galician writer spoke to Al Majalla about the process of creation as she works on her first novel.

Mohammed Al-Bittari

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OPINIONS

In Gaza, bombed-out homes become death traps

Salem Al Rayyes
Salem Al Rayyes

Why Tunisian women are outpacing men in education

Asmahan Al-Sha’abouni
Asmahan Al-Sha’abouni

Syrians celebrate their first year without Assad

Fares Garabet
Fares Garabet

A once-forgotten Syria now teems with possibility

Ibrahim Hamidi
Ibrahim Hamidi
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