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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
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Al Majalla
Business & Economy

Latest drones drive down the cost of warfare

15 May 2026

Cheap unmanned aerial vehicles cost only a few thousand dollars to make, but are costing millions to defend against, turning the economics of war on its head

Abdulfattah Khattab
Al Majalla
Politics

Is it the end of the two-party system in the UK?

13 May 2026

Britons seem fed up with establishment parties after Labour's disastrous performance in this week's local elections, and the Tories' similar failure two years ago

Con Coughlin
Opinion

Will the US and China fall into the Thucydides Trap?

17 May 2026

Xi warned of the dangers of falling into said trap as Washington appears increasingly threatened by Beijing's steady rise as a great world power

Ibrahim Hamidi
Axel Rangel Garcia
Politics

Why the US clings to a failed siege strategy in Cuba

15 May 2026

Crippling US sanctions on Havana were designed to force regime change, but six decades of crippling embargo have only cemented it

Stefanie Butendieck Hijerra
A view of buildings on the Alexandria Corniche. REUTERS/Mohamed Abd El Ghany
Culture & Social Affairs

The many faces of Alexandria

13 May 2026

Nestled on the southern Mediterranean coast, Egypt's quaint coastal metropolis marked its inception as an ancient city that wore many hats across civilisations

Yasmin Abdallah

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OPINIONS

Batoul's choice: political mudslinging in the new Syria

Alia Mansour
Alia Mansour

Jordan's renewed war on drugs comes with political undertones

Caroline Rose
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Latest drones drive down the cost of warfare

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Abdulfattah Khattab

Trump gets taste of China's strength in Beijing

Fares Garabet
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