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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
Al Majalla
Politics

Trump started a war he can’t control

09 June 2026

Netanyahu continues to defy calls from Washington to pump the brakes on Israel's offensive in Lebanon, something Iran has linked to a future peace deal

John Haltiwanger
Pete Reynolds
Business & Economy

Has FIFA oversold the World Cup's economic promise? 

04 June 2026

Days before kick-off, ambitious economic projections for the FIFA 2026 World Cup are colliding with weaker-than-expected demand in the hospitality sector

Abdulfattah Khattab
Axel Rangel Garcia
Politics

Why is Iran targeting Kuwait and Bahrain?

10 June 2026

While it could be tied to military calculations related to the current US-Iran war, it also reflects a deeper struggle between two opposing regional visions

Al Majalla - London
Al Majalla
Culture & Social Affairs

Al Majalla’s Film Watch: football on the big screen

11 June 2026

We highlight some of the most notable movies centred on the world's most coveted sport

Wael Said
North Korean leader Kim Jong Un (right) and Chinese President Xi Jinping shake hands during a rare visit by the Chinese president to North Korea on 8 June, 2026. AFP
Politics

China looks to boost North Korea ties with an eye on Russia

10 June 2026

China understands that North Korea is no longer the besieged ally with no gateway other than Beijing, and that leaving the field entirely open to Russia carries a mounting strategic cost

Charbel Barakat

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OPINIONS

2026 World Cup: football in the age of AI

Marco Mossad
Marco Mossad

The World Cup has always been a pitch for global politics

Mohamed Qutob

Why Bahrain has long been in Iran's crosshairs

Hasan Alhasan
Hasan Alhasan

Al Majalla’s Film Watch: football on the big screen

Wael Said
Wael Said
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