No longer a ‘cash cow’, Saudi squeezes Lebanon’s ruined economy
Beirut, Lebanon – It is close to two weeks since Saudi Arabia declared an all-out ban on imported goods from Lebanon after it came to light that a minor Lebanese … Read More
Tag: Lebanons
Solar ‘boom’ times as Lebanon’s fossil fuels run dry
Broummana, Lebanon – Blackouts have gripped Lebanon in recent weeks as an entire nation is forced to adjust to life without electricity. Because of the government’s failure to secure heavy … Read More
Lebanon’s Hezbollah agrees to third shipment of Iranian fuel
Hezbollah leader Sayyed Hassan Nasrallah has said a third shipment of Iranian fuel has been agreed to ease crippling shortages in Lebanon. “We have agreed to start loading a third … Read More
Najib Mikati named Lebanon’s new prime minister-designate
Beirut, Lebanon – Billionaire businessman Najib Mikati was appointed as Lebanon’s new prime minister-designate on Monday following binding parliamentary consultations with President Michel Aoun. Mikati ran virtually unopposed, receiving 72 … Read More
Foreign lenders cutting ties with Lebanon’s central bank: Sources
Foreign banks turned cautious on Lebanon when the government defaulted on its debt last year – and they became even more wary as its currency crashed and a standoff over … Read More
Lebanon’s COVID jabs funding at risk after MPs jump queue
World Bank threatens to halt funding for Lebanon’s COVID jabs Lebanon’s government had in January launched a digital coronavirus vaccination registration platform for people living in the tiny nation [File: … Read More