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النسخة العربية
  • Politics
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  • Lebanon's financial crisis

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
Ewan White
Politics

How Trump reshaped the world

03 November 2025

Al Majalla examines key developments in the US and across the globe less than a year into Trump's second presidential term

Al Majalla - London
AFP-Reuters-Eduardo Ramon
Politics

Zohran Mamdani becomes first Muslim mayor of New York

04 November 2025

The 34-year-old socialist's win is a seismic development, proving that tax rises for the rich to fund social programmes, and unwavering advocacy for Palestinian rights, are politically viable stances

Tarek Rashed
A displaced woman rests in Tawila, in the country's war-torn western Darfur region, on 28 October 2025, after fleeing el-Fasher following the city’s fall to the Rapid Support Forces (RSF). AFP
Politics

From siege to slaughter: the fall of el-Fasher

29 October 2025

After over 500 days of a crippling blockade, the city finally fell to the RSF, cementing their control of the giant Darfur state in western Sudan and giving them full access to key supply routes

Amgad Fareid Eltayeb
Activists hold a demonstration in lower Manhattan against the arrest by ICE of Palestinian activist Mahmoud Khalil, a graduate student at Columbia University, on 20 March 2025 in New York City. SPENCER PLATT / AFP
Politics

The Gaza war has damaged the West

01 November 2025

The West's response to Israel's war on Gaza exposed its weakness and damaged its collective reputation, while also eroding civil liberties at home

Christopher Phillips
Al Majalla
Business & Economy

FII draws up roadmap for responsible investment and AI

03 November 2025

A major global conference in Saudi Arabia shifts the focus of investment and expenditure to programmes and policies with a human-centred impact, not least in healthcare and education

Omar Harkous

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OPINIONS

Closure denied: the agonising search for Gaza's vanished

Salem Al Rayyes
Salem Al Rayyes

Pasolini finds a new voice in French

Antoine Jockey
Antoine Jockey

King Abdullah's exceptional speech for an exceptional time

Mohannad Mubaideen
Mohannad Mubaideen

RSF massacres in el-Fasher

Fares Garabet
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