Edition:
United Kingdom

Samia Nakhoul

Rescue talks with the IMF 'hit the rocks' as Lebanese suffer

02 Jul 2020

BEIRUT As accelerating poverty fuels anger, despair and fear of a social explosion, efforts by Lebanon's ruling elite to salvage the country from a financial meltdown with IMF help seem to be going in reverse.

Lebanon has scant chance of getting IMF aid, opposition figure says

29 May 2020

BEIRUT Lebanon has scant chance of securing badly needed aid from the International Monetary Fund as the government fails to enact reforms demanded by donors to address its financial crisis, opposition politician Samir Geagea said on Friday.

Lebanon has scant chance of getting IMF aid, opposition figure says

29 May 2020

BEIRUT, May 29 Lebanon has scant chance of securing badly needed aid from the International Monetary Fund as the government fails to enact reforms demanded by donors to address its financial crisis, opposition politician Samir Geagea said on Friday.

Lebanon's IMF rescue plan fails to set reform roadmap

18 May 2020

BEIRUT A recovery plan Lebanon is negotiating with the IMF expertly diagnoses the bankrupt state's colossal losses but fails to commit to radical reform, the vital ingredient needed for a financial bailout of the country's sinking economy.

Prominent Beirut university faces fight of its life as crises hit

08 May 2020

BEIRUT One of the Arab world's oldest universities faces its worst crisis since its foundation, with huge losses, staff cuts and an uphill battle to stay afloat as Lebanon's economic meltdown and the coronavirus pandemic hit revenues.

IMF deal seen as only way out for Lebanon

04 Mar 2020

BEIRUT The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund (IMF) or risk economic implosion and further turmoil, economists, diplomats and politicians said.

In death, Iran's Soleimani bequeaths perilous dilemma for Iraq

03 Feb 2020

BAGHDAD (Reuters)- - A month after a U.S. missile killed him, Qassem Soleimani looms as large over Iraq's fractured democracy as he ever did alive.

Exclusive: 'I'm happy he did it' - in Beirut, wife of fugitive Ghosn slams Japanese justice

15 Jan 2020

BEIRUT Carlos and Carole Ghosn, the former first couple of carmaker Nissan, are united again in Beirut. They hold hands in the street and whisper together in a mix of Arabic and French. They kiss. | Video

Lebanon will probably restructure debt, foreigners will be paid-senior banker

13 Jan 2020

BEIRUT Lebanon's sovereign debt is probably going to be restructured in a way that hurts neither the economy nor depositors, and foreign holders will be repaid, the banking association head said on Monday.

Fugitive ex-Nissan boss Ghosn hits out at carmaker and Japan

09 Jan 2020

BEIRUT Carlos Ghosn, speaking publicly for the first time since his dramatic escape from Japanese justice, said on Wednesday he had been treated "brutally" by Tokyo prosecutors and was the victim of an inside job to oust him from the helm of automaker Nissan. | Video

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