by Charbel Lebbos | May 6, 2022 | Arab Economy, Arab News
A probe into alleged embezzlement and money laundering by the Lebanese central bank governor and his brother has received new account information, according to two judicial sources. Central bank chief Riad Salameh is under investigation in Lebanon and at least five...
by Charbel Lebbos | May 6, 2022 | Arab Economy, Arab News
With one week to go before the legislative elections, L’Orient-Le Jour takes the pulse of the country through immersive reports from the four corners of Lebanon. Six journalists and three photographers spent time with the inhabitants of different regions to...
by Charbel Lebbos | Apr 29, 2022 | Arab Economy, Arab News
BEIRUT — It has been nearly 1,000 days since Lebanon’s banks became zombified caricatures of functioning financial institutions. Politicians are still squabbling over capital control legislation, but the billions of US dollars in wealth already transferred...
by Charbel Lebbos | Apr 18, 2022 | Arab Economy
Maronite Patriarch Beshara al-Rahi on Sunday called for an end to “the politicization of the judiciary,” as he warned against changing Lebanon’s “economic identity.” “The Lebanese do not want an alternative to the state and they don’t want a partner for it. They are...
by Charbel Lebbos | Apr 15, 2022 | Arab Economy, Arab News
A poster featuring the image of Lebanon central bank governor Riad Salameh during a protest in outside the French embassy in Beirut, Lebanon, in January 2022. Mr Salameh told Swiss television his detained brother Raja did not profit from public funds. EPA Lebanon’s...
by Charbel Lebbos | Apr 15, 2022 | Arab Economy
Lebanon’s agreement with the International Monetary Fund last week for $3 billion in funding as part of a four-year deal is expected to fuel “reform momentum”, but the preconditions set by the Washington-based lender will prove challenging because of persisting...
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