financial crisis

Tunisia’s Saied moves on economy and COVID-19 after dismissing govt
Middle East

Tunisia’s Saied moves on economy and COVID-19 after dismissing govt

TUNIS, July 28 (Reuters) – Tunisia’s president said on Wednesday he was addressing the dire economic and COVID-19 situation and…
Lebanese fleeing collapse at home seek security, salaries in UAE
Middle East

Lebanese fleeing collapse at home seek security, salaries in UAE

DUBAI, July 26 (Reuters) – Until a few months ago, 32-year-old Michelle Chaaya was a human resources professional at a…
Lebanese Sunni tycoon Najib Mikati poised to be designated PM
Middle East

Lebanese Sunni tycoon Najib Mikati poised to be designated PM

BEIRUT, July 25 (Reuters) – Lebanon’s wealthy businessman and former premier Najib Mikati is poised to be designated prime minister…
Europe, US urge Lebanese politicians to quickly form Cabinet
Middle East

Europe, US urge Lebanese politicians to quickly form Cabinet

BEIRUT (AP) — Seeking to stabilize Lebanon after a series of crises, France, the European Union and the US on…
Syria’s president decrees 50% salary hike amid harsh crisis
Middle East

Syria’s president decrees 50% salary hike amid harsh crisis

DAMASCUS, Syria (AP) — Syrian President Bashar Assad issued a decree Sunday giving hundreds of thousands of civil servants and…
Government raises price of staple bread once more in Lebanon
Middle East

Government raises price of staple bread once more in Lebanon

BEIRUT (AP) — For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread,…
Lebanon workers stage ​general strike over escalating crises
Middle East

Lebanon workers stage ​general strike over escalating crises

BEIRUT (AP) — Shops, government offices, businesses and banks shuttered their doors in Lebanon on Thursday, as part of a…
World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East

World Bank: Lebanon’s crisis among world’s worst since 1850s

BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
Lebanon’s central bank says not enough reserves for medical supplies
Middle East

Lebanon’s central bank says not enough reserves for medical supplies

Lebanon’s central bank said on Thursday it could not keep up its imports of subsidized medical goods without using its…
Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries
Egypt

Egypt summons Lebanese ambassador over FM’s ‘offensive statements’ about Gulf countries

On Tuesday evening, the Egyptian Foreign Ministry asked the Lebanese ambassador in Cairo, Ali al-Halaby, to provide an explanation for…
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