The Latest Breaking News from Lebanon

Prices of basics such as oil and wheat are shooting up and shortages are showing on supermarket shelves in Lebanon, Somalia and Egypt

Lebanon's top prosecutor has sought to freeze European bank accounts belonging to central bank chief Riad Salameh, a senior judicial source said, days after five European states seized assets related to embezzlement probes. Salameh is facing investigations in Lebanon and at least five European countries into the alleged embezzlement of…

A Lebanese judge on Thursday postponed an interrogation session for central bank governor Riad Salameh until June after his lawyer attended a hearing in a corruption probe in his place, the state news agency (NNA) reported. Salameh, governor for nearly three decades, was charged with illicit enrichment last week. He…

Cheap and tasty, fried potatoes have become a staple in Lebanese mother Mona Amsha's kitchen in recent years. But with sunflower oil prices soaring due to Russia's invasion of Ukraine, she fears even fries will be out of reach this Ramadan. "In 2021, when the prices were already up, I…

Lebanon's Cabinet on Wednesday approved a long-delayed draft capital control law that still requires final approval from parliament amid a worsening financial crisis now in its third year, Information Minister Ziad Makari said in televised remarks following the session. Formal capital controls are a policy recommendation of the International Monetary…

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…

Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish…

Lebanon is grappling with an education "emergency," a United Nations official said, as years of economic collapse weigh heavily on students and teachers. "We are now in an emergency situation.

Lebanon's top prosecutor on Monday overturned a judicial decision that last week instructed customs authorities to prevent six banks from moving money out of the country, a senior judicial source told Reuters. Last week's decision by Judge Ghada Aoun prompted the banking association to warn that the banks - including…