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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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US Secretary of State Marco Rubio, Libyan National Army Deputy Commander Saddam Haftar, and Trump advisor Massad Boulos in Washington on 29 June, 2026. @US_SrAdvisorAF/X
Politics

US plan for Libya: unification or management of division?

26 June 2026

A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?

Areig Elhag
Dave Murray
Science & Technology

More than a game: a look inside the mind of a football fan

30 June 2026

As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?

Alaa Emara
A fighter loyal to Sudan's army chief Abdel Fattah al-Burhan holds up a weapon backdropped by the minaret of a mosque, during a graduation ceremony in the southeastern Gedaref state on 27 May 2024. AFP
Politics

The quiet push to finally end Sudan's civil war

29 June 2026

External actors and some domestic parties are believed to be working behind the scenes towards a settlement. Why now?

Shawgi Abdelazim
Chinese President Xi Jinping stands in the centre of the hall during the China-Africa forum at the Great Hall of the People in central Beijing, on 5 September 2024.
 AFP
Business & Economy

China doubles down on Africa with its zero-tariff policy

01 July 2026

Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent

Rabia Abdul Salam
Eduardo Ramon
Politics

Why siccing Syria's army on Hezbollah is so dangerous

28 June 2026

If Trump's idea is implemented, it would all but certainly further undermine regional stability and US interests in the Middle East

David Schenker

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OPINIONS

Is Libya entering a gas golden age?

Rana Freifer
Rana Freifer

Libya: power sharing

Al Majalla - London
Al Majalla - London

Libya’s intransigent factions test US push for unity

Tarek Megerisi
Tarek Megerisi

Trump's Libya deal: a 'forced marriage' between East and West?

Manaf Saad
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