Lebanon recorded its highest one-day tally of new coronavirus cases Friday, after easing extended lockdowns. The country, already in economic freefall and suffering under a paralyzed, corrupt and bankrupt government, cannot afford another crisis. But now, hunger and despair are…
Major retailers in Lebanon announced they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar.
In our news wrap Friday, President Trump defended his plans for a campaign rally on June 19 in Tulsa, Oklahoma. The day, known as Juneteenth, commemorates the end of slavery, and Tulsa was the site of a white-on-black massacre in…
Lebanon's government says the country's central bank will inject fresh dollars into the market to prop up the national currency following a night of protests spurred by the dramatic plunging of the Lebanese pound.
The leader of Lebanon's Hezbollah has thrown his support behind the Lebanese government seeking financial assistance from the International Monetary Fund but said it should negotiate the conditions cautiously.
Lebanon is entering a new phase of its lockdown Monday, allowing restaurants to open at 30 percent capacity during the day.
In our news wrap Tuesday, violent protests have broken out in Lebanon, as the pandemic intensifies economic desperation. Hundreds of people in Tripoli set banks on fire and threw stones at soldiers, and at least one man was killed. Also,…
Hundreds of protesters have set fire to two banks and hurled stones at soldiers who responded with tear gas and batons in the northern city of Tripoli.
The historic crash in oil prices in the wake of the coronavirus pandemic is reverberating across the Middle East as crude-dependent countries scramble to offset losses from a key source of state revenue.
Countries are considering how to ease coronavirus restrictions and start taking gradual steps toward reviving businesses and daily life. For developing nations in the Middle East and Africa, there is little room for any miscalculation.
Additional Support Provided By:
