Massoud A Derhally

Washington lender sees the global economy rebounding to 5.2% in 2021 after a 4.4% contraction this year

The fund will strengthen its support of members’ efforts to reduce debt vulnerabilities, increase debt transparency and debt management capacity

Economic activity declined after the impact of the Beirut port blast and a shortage of foreign currency

Lebanon’s gross public debt reached $94 billion at the end of July and the country faces potential civil strife if the economic crunch worsens

The owner of Louis Vuitton will challenge the New York-based jeweller in a Delaware court

The French luxury giant withdrew as concerns grew about the threat of tariffs on European luxury goods being imposed by the US

The country’s bank deposits declined by $31bn in one year, while the loan portfolio of lenders fell by $18bn, Riad Salameh says

The eldest son of former prime minister Rafik Hariri said an investigation needs to run its course before anyone can pass judgment on the central bank governor

Lebanese banks have to comply with a capital increase requirement as Lebanon faces the worst economic crisis in three decades

Moscow has labelled the coronavirus vaccine as Sputnik V

Without meaningful reforms the 'country will continue to sink'

The impact of the ammonium nitrate explosion on Lebanon’s economy is estimated in the billions of dollars

The UAE has been a strategic ally in the fight against the coronavirus, the head of Russia's sovereign wealth fund says

Exclusive: The sovereign wealth fund's chief is bullish on infrastructure and cash generating assets that offer protection against inflation

Sanctions, geopolitics and Covid-19 have diminished the strength of the three currencies and weakened the economies of Beirut, Tehran and Damascus