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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

Israel's race for regime change in Iran

03 March 2026

Israel knows its military operation cannot last forever, so it is racing to either kill or fatally wound the Islamic Republic before the clock runs out

Michael Horowitz
Al Majalla
Business & Economy

Oil prices soar as US-Iran war sparks supply worries

04 March 2026

European gas prices have jumped by 30% after some big GCC oil and gas producers cut supplies, and now a vital maritime trade route is being threatened. The stakes have seldom been higher.

Thuraya Shahin
Deena So Oteh
Politics

Khamenei's killing opens up a strategic abyss

01 March 2026

Gulf states' delicate balancing act—maintaining security partnerships with the US while cautiously reopening channels to Iran—has been shattered

Ramzy Ezzeldin Ramzy
Al Majalla
Profiles

Alireza Arafi: the cleric charged with selecting Iran's next Supreme Leader

02 March 2026

A clerical member of the Guardian Council, he was selected to serve on the Leadership Council along with President Masoud Pezeshkian and Chief Justice Gholamhossein Mohseni Ejei

Alex Vatanka
Reuters /Al Majalla
Politics

Trump is betraying his base by waging war on Iran

02 March 2026

Voters were promised America First, not Bush-era interventions

Emma Ashford

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OPINIONS

Ramadan in Gaza: food scarcity compounds suffering

Hala Al-Naji
Hala Al-Naji

Will European allies get drawn into the US-Iran war?

Con Coughlin
Con Coughlin

Hezbollah drags Lebanon into war once more

Fares Garabet
Fares Garabet

Hezbollah's propensity for recklessness never fails

Houssam Itani
Houssam Itani
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