[AFP] Fighting in Lebanon could further destabilize the country's economy, already devastated ... the situation seemed to have stabilized in 2022 and 2023, and the UN agency had predicted 3.6 ...

Lebanon faces multiple crises as 2024 draws to a close, grappling with the aftermath of a destructive conflict between Hezbollah and Israel, a prolonged financial collapse since 2019, and ongoing ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Lebanon has been without a president since Michel Aoun left the post in 2022, and the current government ... $8.5 billion in damages to the Lebanese economy, resulting from the conflict which ...

Still recovering from a 15-year long civil war and surrounded on all sides by political instability, Lebanon’s economy has rebounded (see Fig. 1) with the help of a resurgent banking sector and an ...

Banks in Lebanon have, despite the adverse conditions, continued to pursue expansion. The sector’s size is 3.6 times larger than the rest of the economy. Banks’ domestic assets reached $180bn at the ...

While this "dollarization" aims to ease inflation and stabilize the economy, it also threatens to push more people into poverty and deepen the crisis. That's because few in Lebanon have access to ...

The firm was contracted by Lebanon in January to come up with a plan to revive the country's economy. Lebanon has ... legal cannabis to hit $32 billion by 2022, representing a 22% growth rate.