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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
This aerial view shows residents waving Somaliland flags as they gather to celebrate Israel's announcement recognising Somaliland's statehood in downtown Hargeisa, on 26 December 2025. Farhan Aleli / AFP
Politics

Israel scores strategic win with Somaliland deal, but it comes with risk

27 December 2025

An axis comprising Israel, Ethiopia, and Somaliland appears to be emerging, which has the potential to polarise the Horn of Africa and rapidly accelerate its militarisation

Omar Harkous
AFP / Al Majalla
Documents & Memoirs

What newly released Jordan-UK exchanges on the eve the Iraq war reveal

27 December 2025

They show that King Abdullah tried his best to blunt the blow of a US-led invasion by offering a diplomatic off-ramp to avert catastrophe

Malek Al Athamna
Sara Padovan
Culture & Social Affairs

From Palestine to AI: cultural trends that swept 2025

24 December 2025

For those who look closely, there were recurring cultural themes over the past 12 months, whether in cinema, music, art, or literature. There were also common threats and shared opportunities.

Shadi Alaa Aldin
People stand outside the Justice Palace after first trial of more than a dozen suspects linked to massacres that left hundreds dead in Syria's Alawite coastal heartland earlier this year, in Aleppo on 18 November 2025. BAKR ALKASEM / AFP
Politics

Fresh UK sanctions on Syria send a message

26 December 2025

London is making it clear that it expects more than just symbolic gestures from Damascus when it comes to holding security forces accountable for atrocities

Haid Haid
Reuters / Al Majalla
Business & Economy

Global economic trends in the first quarter of the 21st century

25 December 2025

Since the start of the new millennium, the world's wealth has been radically reshaped, and that looks set to continue

Mohamed Sharki

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OPINIONS

The 'new Syria': 2025 reflections and 2026 hopes

Alia Mansour
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Standout Arabic novels of 2025: stories of belonging

Ibrahim Adel
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A world transformed: geopolitics in the first quarter of the 21st century

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Netanyahu-Trump to discuss stage two of Gaza truce

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