Cash-strapped Lebanon


Lebanese Pound: The Most Undervalued Currency In The World

Middle East Business News - Published date: .

As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more

Lebanon's Foreign Currency Reserves Could Vanish In 12 Months

Middle East Business News - Published date: .

Goldman Sachs warns of further economic turmoil if new government isn't formed soon Read more

Currency Collapse Heaps More Misery On Lebanese As Prices Skyrocket

Middle East Business News - Published date: .

Lebanese pound loses more ground against the US dollar, adding to the misery of the growing number of people struggling ... Read more

Lebanon Succumbs To The Highest Debt-to-GDP Ratio In The World

Middle East Business News - Published date: .

Beirut Port blast, coronavirus add up to an economic crisis which could see GDP fall from $55bn to $25bn in just two yea... Read more

Lead Lebanon Negotiator For IMF And Eurobond Restructuring Quits

Middle East Business News - Published date: .

Talal F. Salman is the third ministry official to quit over Lebanon's response to its financial crises Read more

Half Of Lebanese Could Face Food Shortages: UN

Middle East Business News - Published date: .

Government priority must be given to rebuilding silos at Beirut port, says UN Economic and Social Commission for Western... Read more

'Fix It Or Exit': The Stark Situation Facing Lebanese Banks

Middle East Business News - Published date: .

If Lebanese banks fail to increase their capital by 20% by the end of February 2021 they have to exit the market, says C... Read more