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
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.
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"
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.
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