Lebanon's embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country's banks went back on strike. The ...

At least $250 million in U.N. humanitarian aid intended for refugees and poor communities in Lebanon has been lost to banks selling the local currency at highly unfavourable rates, a Thomson Reuters ...

Protesters closed down major roads in parts of Lebanon on Tuesday after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight. The Lebanese pound ...

Crushed by soaring food and fuel prices, barely any electricity, and a currency that buys less each day, people in Lebanon ...

Store displays advertising in Arabic that reads "Italian clothes and shoes for 9.99 $" in Beirut, Lebanon, Wednesday, March 1, 2023. Lebanon started pricing consumer goods in U.S. dollars Wednesday as ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BEIT MERI, Lebanon (AP) — Lebanon’s interior ...

Store displays advertising in Arabic that reads "Italian clothes and shoes for 9.99 $" in Beirut, Lebanon, Wednesday, March 1, 2023. Lebanon started pricing consumer goods in U.S. dollars Wednesday as ...

Once a financial hub of the Middle East, Lebanon now faces one of the worst economic crises in modern history. With a crumbling banking system, an unsustainable currency peg, and government gridlock, ...

BEIRUT (Reuters) - Lebanese Druze leader Walid Jumblatt on Friday voiced fears for Lebanon's currency if the deadlock in forming a new government after a May election continues, and directed blame at ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BEIRUT (AP) — When Moheidein Bazazo opened ...

BEIRUT (AP) — When Moheidein Bazazo opened his Beirut mini-market in 1986, during some of the fiercest fighting in Lebanon’s civil war, he didn’t expect it to thrive. But several years later, he had ...