The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress
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
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
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
As support for Israel weakens across the US political spectrum, once-taboo questions about military aid, lobbying influence, and US backing are moving into the mainstream
Algeria is one of Africa's largest producers of hydrocarbons, and its proximity to customers in Europe makes it of growing interest as importers fret over a prolonged supply crisis from countries
Through extravagant processions led by palace women, the Mamluk state projected a message of power and prestige at home and abroad, turning the Hajj obligation into a soft-power tool