Lebanon has appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to ...
OPINION Growing up in Lebanon as a child and young adult felt like a dream come true. Lebanon was once dubbed “the Paris of the Middle East”, a thriving ...
Within a short period of time, Lebanon has experienced a fourfold catastrophe: the revolution of October 2019 that came to a standstill, hyperinflation due to the free fall of the Lebanese lira on the ...
Lebanon’s new government has won a confidence vote in parliament, following a speech by Prime Minister Nawaf Salam promising to push for economic reforms and to start negotiations with the ...
The defense ministers of Syria and Lebanon agreed to a ceasefire on Monday, Syria’s state-run SANA news agency reported, after cross-border attacks left 10 dead and more than 50 wounded.
Hyperinflation occurs when there’s a rapid acceleration in prices over a relatively short period. Hyperinflation is the rapid and untrollable acceleration of prices over a period. Economists ...