United Kingdom

Lisa Barrington

CORRECTED-Lebanon govt to start issuing local currency debt at market rates - CenBank

06 Dec 2018

Dec 4 Lebanon's central bank said on Tuesday the government would start issuing local currency debt at market rates to encourage banks to buy the debt, rather than putting their money in the central bank for more attractive rates.

Jordan and Syria reopen Nassib border crossing

15 Oct 2018

JABER, Jordan/BEIRUT The border crossing between Jordan and Syria opened to people and goods on Monday after being closed for three years, reopening a route that used to carry billions of dollars of trade for countries across the region.

CORRECTED-Lebanese fund turns to diaspora to revitalise real estate

12 Oct 2018

BEIRUT, Oct 12 Dark apartment windows vastly outnumber the lit in the quiet night streets of Beirut's waterfront and central districts, a reminder of Lebanon's long economic and real estate slump.

Lebanon wines bring villages back to life and emigrants home

07 Oct 2018

BEIRUT Lured by Lebanon's winemaking potential and nostalgia for his homeland, Maher Harb left a Paris consultancy job in 2010 and dug vines into the soil of family land unused since the country's civil war.

Lebanon bond rout ramps up currency concerns, pressure for fiscal reform

01 Oct 2018

BEIRUT/LONDON Lebanon's worst bond market shock in a decade has raised doubts about whether the country's banks are willing and able to continue to bankroll the government, raising pressure on Beirut to step up reforms or risk a destabilising currency crisis.

Turkey works with Russia on Idlib amid lull in air strikes

13 Sep 2018

ISTANBUL/BEIRUT Turkey has said it is working with Russia and Iran to stabilise Syria's rebel-held Idlib region, indicating continued efforts to avoid a Syrian government offensive in the area, where Ankara failed to secure a ceasefire last week.

Damascus says Israeli planes target military positions in Syria

04 Sep 2018

BEIRUT/JERUSALEM Israeli planes targeted military positions in Syria on Tuesday, but Syrian air defences confronted and downed some of the rockets, Syrian state news agency SANA reported.

Lebanese chafe as economic blues begin to bite

23 Aug 2018

BEIRUT For Mazen Rahhal, a shopowner in a bustling district of Beirut, Lebanon's economy has seldom felt more precarious. In one store, he sells clothes at a fraction of their previous price. Another, which he rented to a rival business, now lies empty. | Video

Lebanon banks suck in dollars to maintain peg, but economy stagnates

16 Aug 2018

BEIRUT Lebanese banks are pulling out the stops to bring in dollars as the country strives to preserve a two-decade old currency peg, offering high returns to customers willing to change their hard currency into long-term Lebanese pound deposits.

Wave of strikes hits Syria's last rebel-held bastion

11 Aug 2018

BEIRUT Dozens of air strikes and shelling hit parts of the last swathe of Syrian territory still held by rebels on Friday, according to rebels, rescue workers and a war monitoring group, in a possible prelude to a full-scale government offensive. | Video

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