World Mar 06

A money exchange vendor holds stacks of Lebanese pound banknotes at a shop in Beirut, Lebanon January 19, 2023. Photo by Mohamed Azakir/REUTERS
Lebanon leans on U.S. dollar as economy tanks

The Lebanese pound has lost as much as 98 percent in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass what's seen as a nearly useless currency.

Jul 08

Sri Lankan police impose curfew ahead of planned protest

Police have imposed a curfew in Sri Lanka's capital and surrounding areas a day before a planned protest demanding the country's president and prime minister resign over an economic crisis that has caused severe shortages of essential supplies.