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Tom Perry

Crisis-hit Lebanon on brink of forming new government

16 Jan 2020

BEIRUT Lebanon is on the brink of forming a new government, caretaker finance minister Ali Hassan Khalil said on Thursday, as pressure mounts to put forward an economic rescue plan to pull the country out of a deep financial crisis.

U.N. official blames politicians for 'dangerous chaos' in Lebanon

15 Jan 2020

BEIRUT Lebanese politicians are to blame for the country's economic collapse, a senior U.N. official said on Wednesday, rebuking a ruling elite that has failed to draw up a rescue plan for a country hit by more violent protests. | Video

Exclusive: Lebanon's Bank Audi open to sale of Egyptian unit with right offer - CFO

14 Jan 2020

BEIRUT Lebanon's Bank Audi is considering selling its Egyptian subsidiary after receiving interest from lenders, its chief financial officer told Reuters, indicating a possible strategy rethink as Lebanon grapples with a financial crisis.

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.

Lebanon's Hezbollah says working for government formation

09 Jan 2020

BEIRUT The powerful Lebanese group Hezbollah is working to remove obstacles to a deal on a new government which must be formed as soon as possible to avoid collapse, one of its top officials said on Thursday.

In rebuke to Lebanese leaders, U.N. says 'irresponsible' to leave country without government

08 Jan 2020

BEIRUT Keeping Lebanon without a government is "increasingly irresponsible", a senior U.N. official said on Wednesday, in tough criticism of Lebanese leaders as their country sinks deeper into crisis without a rescue plan.

Hezbollah-backed candidate named Lebanon PM, vows to form government quickly

19 Dec 2019

BEIRUT Lebanon's newly named prime minister said on Thursday he would quickly form a government to pull the country out of economic crisis after he was designated with backing from Iran-backed Hezbollah and its allies. | Video

Lebanon delays PM designation as political crisis deepens

16 Dec 2019

BEIRUT The nomination of Lebanon's next prime minister was postponed on Monday as new complications surfaced in efforts to agree a government that is urgently needed to pull the country out of a destabilising economic crisis.

Lebanon impasse deepens as financial strains grow

09 Dec 2019

BEIRUT Lebanon's political impasse has deepened after a tentative deal on a new prime minister unraveled, leaving the country rudderless as it grapples with the worst economic crisis since the 1975-90 civil war.

Lebanon appeals for import aid; France to hold meeting

06 Dec 2019

BEIRUT Lebanon appealed to friendly states on Friday to help it import essential goods as it grapples with an acute economic crisis, and official sources said France would convene an international meeting next week to mobilise support for the country.

World News

Trump adds legal heavyweights Starr, Dershowitz to impeachment team

President Donald Trump turned to some legal heavyweights to help defend him in his Senate impeachment trial with the addition on Friday of former independent counsel Ken Starr, who paved the way for former President Bill Clinton's 1998 impeachment, and prominent lawyer Alan Dershowitz.