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النسخة العربية
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How Lebanon’s banks can get money back to depositors

One of the biggest names in the stricken financial sector calls for 'hope' amid the crisis that has reduced millions to poverty and ruined the country's reputation. There is now a detailed plan.

Salwa Baalbaki 20 July 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
The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector. Axel Rangel Garcia

How a central bank’s failings led to Lebanon’s financial collapse

The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector.

Toufic Chanbour 08 May 2023
Lebanese Central Bank Governor Riad Salameh stands next to gold at the central bank in Beirut, in this handout picture obtained by Reuters on November 24, 2022. Lebanon central bank/Handout via REUTERS

Lebanese Prosecutor Seeks to Question Actress in Salameh Graft Probe

A Lebanese prosecutor said on Thursday she had ordered security forces to bring in for questioning a Lebanese actress for whom central bank chief Riad Salameh was suspected of buying luxury property…

08 December 2022
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In this image, taken from a video provided by the Russian Defence Ministry Press Service on 21 May 2026, a Russian navy seaman takes part in drills of Russia's nuclear forces. Russian Defence Ministry Press Service/AP
Politics

Russia’s timely reminder of its vast nuclear arsenal

03 June 2026

Military exercises in Belarus at an unusual time of year seem designed in part to make Moscow's adversaries think twice

Khattar Abu Diab
Opinion

Has Trump's patience with Netanyahu run out?

04 June 2026

The Israeli leader's intransigence is proving deeply problematic for the White House, so much so that Trump swore at him on a recent phone call

Con Coughlin
Units of Moqtada Sadr's militia parade with his photo down a main street of the Shiite stronghold of Sadr City June 21, 2014, in Eastern Baghdad. Washington Post
Politics

Sadr once again dismantles his armed militia. Why now?

03 June 2026

The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike

Khairuldeen Al Makhzoomi
Adrián Astorgano
Business & Economy

Why people flock to the dollar when local currencies collapse

05 June 2026

An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.

Abdel-Rahman Ayas
A Royal Caribbean cruise sails into the Havana harbour on 6 May 2019, after the activation of Chapter III of the Helms-Burton Act, which sought to intensify the US blockade against Cuba. YAMIL LAGE / AFP
Politics

Cuba, lawfare, and Trump’s Venezuela temptation

02 June 2026

A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.

Stefanie Butendieck Hijerra

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OPINIONS

Has Idlib become the “New Qardaha”?

Ibrahim Hamidi
Ibrahim Hamidi

Why people flock to the dollar when local currencies collapse

Abdel-Rahman Ayas
Abdel-Rahman Ayas

Roman Gofman: Israel's new Netanyahu-friendly Mossad chief

Kamal Alam
Kamal Alam

Lower migrant numbers hand Starmer a rare political win

Con Coughlin
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