BIZARRE: Saade chami - You Need To See This

World Bank projects that Israel-Hamas war could push Lebanon back into recession

The World Bank says the ripple effects of the war in Gaza are likely to knock Lebanon’s fragile economy back into recession

The Independent UK · Dec 21, 2023

Lebanon gets Interpol notice for central bank boss Riad Salameh

Interior Minister Bassam Mawlawi says he will arrest Salameh if the judiciary instructs him to do so.

Al Jazeera · May 19, 2023

Top Lebanese official in IMF talks calls for central bank head to resign amid corruption allegations

The Lebanese official heading talks with the International Monetary Fund to bailout Lebanon’s tanking economy has called for the country’s embattled central bank chief to resign

The Independent UK · May 18, 2023

IMF Delegation Launches Two-Week Mission in Crisis-Hit Lebanon

An International Monetary Fund (IMF) delegation kicked off talks in Beirut Wednesday as part of a two-week mission aimed at securing progress towards funding for crisis-hit Lebanon. The government is hoping to secure a rescue package to exit a deep financial crisis that started in 2019 and has seen most…

Asharq Al-Awsat · Mar 30, 2022

Lebanese parliament to debate capital control law

A draft Lebanese capital control law will be discussed by parliamentary committees on Monday and put to a vote on Tuesday if the text is agreed, two lawmakers said, a new bid to pass the long-delayed law amid a standoff between banks and some judges.

Reuters · Mar 26, 2022

Lebanese Judge Bans Five Bank Board Chiefs from Travel

A Lebanese prosecutor on Thursday issued travel bans against the heads of the boards of five Lebanese banks, the prosecutor told Reuters. Ghada Aoun issued the bans against Salim Sfeir of Bank of Beirut, Samir Hanna of Bank Audi, Antoun Sehnaoui of SGBL, Saad Azhari of Blom Bank, and Raya…

Asharq Al-Awsat · Mar 10, 2022

Lebanon's financial hole expected to grow, deputy PM says

A hole in Lebanon's financial system estimated at $69 billion in September is expected to grow to $73 billion, and losses in the central bank reserve will increase while the country's financial is not addressed, the deputy prime minister said.

Reuters · Mar 10, 2022

IMF Could Visit Lebanon Mid-March to Discuss Aid Program, Says Deputy PM

An International Monetary Fund delegation could visit Lebanon in the second half of March to continue discussions on an aid program supported by reforms, Lebanon's Deputy Prime Minister Saade Chami said in a statement on Wednesday. Lebanese officials held talks with the IMF last month with the aim of securing…

Asharq Al-Awsat · Mar 2, 2022