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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
Axel Rangel Garcia
Politics

The UN is dead: Chemillier-Gendreau on the collapse of international law

13 January 2026

In an interview with Al Majalla, the prominent French jurist discusses Israeli and Western duplicity, their violation of international law, and why Israel bears the cost of Gaza's reconstruction

Elie Kossaifi
Opinion

Iran's regime may not be falling, but it is fading

16 January 2026

Tehran's elite have few friends, but regional states fear the consequences of a disorderly transition. If Iran's 92 million people turn on one another, it could cause millions to flee abroad.

Omer Onhon
Al Majalla
Politics

Trump's retreat from multilateralism throws up a host of challenges

14 January 2026

Going forward, the international community needs to reduce dependence on the US without upsetting the world's largest military and economic power. It will be a shaky tightrope to walk.

Ramzy Ezzeldin Ramzy
Yasser Al-Rumayyan, Governor of the Public Investment Fund, delivers a speech during the third edition of the Future Investment Initiative, in Riyadh on 28 October 2025. AFP
Business & Economy

Saudi Arabia loosens restrictions on foreign investors

12 January 2026

Scrapping foreign ownership caps and qualifying criteria will bring in more capital, with markets reacting positively to the latest reforms that build towards a more open country

Sharif Mohammad
Sudanese displaced from the Heglig area in western Sudan wait to receive humanitarian aid at the Abu al-Naga displacement Camp in the in Gedaref State, some 420km east of the capital Khartoum on 30 December 2025. ABDULRAHMAN GUMAA / AFP
Politics

Sudan stands between war and an imposed peace

16 January 2026

Al Majalla lays out three possible scenarios for the war-torn country in the weeks and months ahead

Areig Elhag and Ben Fishman

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