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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
Axel Rangel Garcia
Business & Economy

Test of wills: Iran’s ability to outlast the US blockade

26 April 2026

The standoff in the Hormuz is not simply a question of whether Tehran can survive economic pressure, but whether Washington can sustain the pressure at an acceptable cost.

Alex Vatanka
Al Majalla
Politics

Netanyahu's Iran victory claim falls on deaf ears in Israel

29 April 2026

Many Israelis actually believe that they lost the war, with opposition leader Yair Lapid accusing the Israeli premier of having led the country into "strategic collapse and diplomatic catastrophe"

Asaad Ghanem
Sara Padovan
Science & Technology

Iran’s 'mosquito fleet' presents a pesky problem

28 April 2026

The Strait of Hormuz is now poised to become the primary arena of confrontation, with Iran relying on speedboat-driven guerrilla warfare to confront the US navy.

Marco Mossad
A Syrian army soldier holds a national flag featuring Syria's President Bashar al-Assad in front of a building left in ruins on 5 June 2013 in the city of Qusayr in the Homs province. AFP
Politics

Syria's taswiya slow roll creates a host of problems

28 April 2026

Former regime soldiers are stuck in limbo, as their undocumented status prevents them from working, travelling, and curbs family members' access to education, healthcare and social services

Haid Haid
Culture & Social Affairs

The Arab women raising the bar in travel literature

28 April 2026

In recent years, travel writing has witnessed a striking revival, though along a different path, one now charted by Arab women's voices.

Ibrahim Adel

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OPINIONS

Blockading the blockade: Trump tightens his chokehold on Iran

Al Majalla - London
Al Majalla - London

In a sea of maritime instability, Gibraltar's safety stands out

Mohamed Sharki
Mohamed Sharki

Why Iran isn’t blinking yet

Keith Johnson

King Charles, Trump toast ties despite Iran differences

Con Coughlin
Con Coughlin
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