Lebanon

Qatar Will Stand by Lebanon During Crisis: Emadi

Qatar will stand by Lebanon during its current economic crisis, Qatari Finance Minister Ali al-Emadi told a conference in Doha on Saturday. Lebanon is facing the worst economic crisis since the 1975-1990 civil war, rooted in decades of state waste and corruption that has landed the country with one of the world’s heaviest public debt burdens. Lebanon’s “economic and political ...

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How Sectarianism Helped Destroy Lebanon’s Economy

Like so many in Lebanon, Samir Hamdan grew up being told that Lebanon’s political system was necessary to protect his sect. Thanks to the sectarian power-sharing agreement that ended the 15-year civil war in 1990, his small Druze minority was guaranteed seats in parliament and positions in government. But now in his twenties, Hamdan says that system has not just ...

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U.S. Sanctions Amp Up the Pressure on Iran-backed Hezbollah in Lebanon

The push is further adding to Lebanon’s severe financial and economic crisis, with officials warning the country’s economy can’t withstand the strain The conflict between Iran and the U.S. that has created tensions throughout much of the Middle East is now also being felt in Lebanon, where Washington has slapped sanctions on the Iran-backed Hezbollah and warned they could soon ...

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Lebanon supports Cyprus in face of Turkish EEZ violations

Lebanon on Tuesday expressed its support for Cyprus in the face of Turkish provocations in its exclusive economic zone (EEZ). The issue was on the agenda of talks between Defence Minister Savvas Angelides and his Lebanese counterpart Elias Bou Saab who is visiting Cyprus. Saab said his country understands the Cypriot position and supports it “because Cyprus is always interested ...

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Fires spread through parts of Lebanon, Syria

The Lebanese Civil Defense Directorate said that 104 fires have erupted in Lebanon since Monday night. Civil Defense Director General Gen. Raymond Khattar said “Lebanon has not seen anything similar for dozens of years, with fires reaching houses and institutions and burning forests home to natural biodiversity.” The Syrian coastal regions endured similar fires. The disaster was caused by dry ...

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US destroyer docks at Beirut Port

A U.S. destroyer docked at the Beirut Port early Saturday, being the first U.S. warship to do so in more than 30 years. The USS Ramage is a guided-missile destroyer, according to the U.S. Navy and is an Arleigh-Burke ship. Sources familiar with the move say this has been in the works for some time. LBCI quoted the U.S. Ambassador ...

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Lebanon takes steps to promote Chinese-Lebanese tourism ties to new height: minister

Lebanese Tourism Minister Avedis Guidanian said on Wednesday that Lebanon is taking efforts to promote the Chinese-Lebanese tourism ties to a new height. “One of the best implemented achievements to date which will attract more Chinese tourists to Lebanon is their exemption from long procedures to receive a visa and from paying fees to enter our country. All they need ...

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Lebanon Was Just Rated “Largely Compliant” on Transparency and Exchange of Information for Tax Purposes

A Report by The OECD Global Forum summarizing improvements and areas still needing monitoring. The Global Forum on Transparency and Exchange of Information for Tax Purposes published, on July 30, nine peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR). And, Lebanon was positively rated. The reports are part of the ...

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