Compiled financial statements showed an additional drop of 3.8% in Lebanon’s total banking assets in the first quarter of 2020. Several factors threatened to cut down all banking indicators, mainly continued withdrawals since the outbreak of the popular protests in October and the sharp decline in foreign transfers. The decline…

Only a handful of Lebanese lenders are expected to emerge from an economic rescue plan that many banks, who are among the government’s biggest creditors, oppose because it would wipe out $20.6 billion in shareholder capital. Lebanon is trying to enlist the International Monetary Fund’s help and restructure around $90…

As the COVID-19 world positions itself into a strange potential stagflation situation the fiat currencies of some governments are collapsing in value -- leading to mass protests and opportunities for cryptocurrency adherents to advance their arguments.