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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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A wounded girl lies on a hospital bed after an Israeli strike in the Syrian village of Beit Jin on 28 November 2025 killed 10 people, the deadliest Israeli attack since al-Assad's ouster in December 2024. LOUAI BESHARA / AFP
Politics

Israeli actions in southern Syria give Iran an opening

04 December 2025

Israeli raids and bombs have served as a powerful recruiting tool for those wishing to resist Israel

Subhi Franjieh
Al Majalla
Business & Economy

Saudi Arabia's 2026 budget carefully boosts spending

04 December 2025

Balanced fiscal management, targeted deficit reduction, and strategic growth initiatives underpin this year's budget, with a strong emphasis on citizen partnership

Omar Harkous
Jay Torres
Politics

The evolution of Latin America’s drug cartels

04 December 2025

What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries

Stefanie Butendieck Hijerra
Opinion

Ukraine peace talks: one step forward, two steps back

04 December 2025

The prospects of a breakthrough remain bleak as Putin blames Europe for sabotaging a 28-point peace plan agreed on with the US

Con Coughlin
A visitor stands next to a photograph of German-American philosopher Hannah Arendt at the German Historical Museum in Berlin on 6 May 2020. John MACDOUGALL / AFP
Culture & Social Affairs

50 years on, Hannah Arendt's works resonate more than ever

01 December 2025

The renowned German-American philosopher's analyses showed how governments deploy deceit for political gain and blur the lines between truth and lies

Abdel Salam Ben Abdelali

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OPINIONS

Spanish poet Miriam Reyes on escaping the prison of the page

Mohammed Al-Bittari
Mohammed Al-Bittari

Musk lifts the lid on X social media manipulators

Marco Mossad
Marco Mossad

China's approach to 'the new Syria' is one of cautious optimism

Xiaotong Yang
Xiaotong Yang

The GCC moves from ‘safe neutrality’ to ‘indivisible security’

Omar Harkous
Omar Harkous
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