Lebanon Economic Crisis

Lebanon to pump dollars to strengthen pound after violent protests

President Michel Aoun says central bank will begin injecting dollars into market beginning on Monday in hopes to solidify Lebanese pound, following demonstrations against falling currency.

Lebanese demonstrators rekindle mass protests as pound collapses

Lebanon is in the grip of its worst economic turmoil in decades and holding talks with the International Monetary Fund to secure billions in aid.

Lebanese riot police face off with protesters

Anti-government protesters gathered outside the country's interior ministry, protesting against the Lebanese speaker's security forces who clashed with them earlier, after they tried to stage a sit-in outside the speaker's residence.

What’s behind Lebanon's economic crisis?

The policy of relying too much on debt to fund the budget has created problems for the young government of Prime Minister Hassan Diab.

Lebanon cenbank governor asked to delay Eurobond swaps - source

The central bank proposed Lebanese holders of Eurobonds due in 2020 swap their holdings for longer-dated notes, a move that could ease pressure on dwindling foreign currency reserves amid a deep financial crisis.