Articles
Lebanon deferred debt payment will likely lead to significant losses for creditors
A default by the country, the first in its history, will have serious implications for the banking sector which underpins the economy
Lebanon prosecutor freezes assets of 20 banks
The country's financial prosecutor took the decision on Thursday as the country faces its worst economic crisis in three decades
S&P downgrades Lebanese banks as liquidity 'appears to be diminishing'
The rating agency reduced the standing of Bank Audi, Blom Bank and BankMed to selective default from CCC
IMF team to visit Lebanon for consultations
Beirut has still not asked the Washington lender for a bail out programme
Why Lebanon’s March 9 eurobonds matter
The country has skilfully balanced wars and crises but time is running out as it faces its greatest economic crisis in three decades
Lebanon requests IMF help but stops short of asking for bailout
The country needs to pay $1.2bn due in March when a Eurobond hits maturity, another $700m in April and $600m in June
Lebanon needs $8.5bn IMF bailout package, IIF says
Funds from the International Monetary Fund will be in addition to $11bn pledged at Paris Cedar conference by donors
IMF revises global growth again and calls on countries to cooperate
The Washington-based lender says downside risks could further derail growth
Lebanon faces 'extreme macroeconomic instability' without support
The debt-saddled country's economy is projected to contract 2.5% this year and by 1.5% in 2020, according to the rating agency
SoftBank’s Vision Fund sees opportunity as credit crunch hits India
Exclusive: The world’s largest venture capital fund already has two FinTech investments in Asia’s third largest economy
Lebanon turns to World Bank and IMF as country faces economic meltdown
The debt-saddled country has $2.5bn of maturing bonds to pay by June 2020
Saudi Aramco surges in trading debut after world record IPO
The shares advanced to 35.2 riyals, giving it a market value of $1.88 trillion
Saudi Aramco shares jump 10% to pass $2tn market value
The shares in the world's most profitable company continued to rally after a 10% surge the previous day on the first day of trading
What may come out of Lebanon's meeting in France on December 11?
France is looking to help restore stability in the troubled Middle East country
Lebanese banks’ capital controls 'not a silver bullet', says IIF
In event of a currency devaluation, pound could fall by 50% against the dollar, with the government defaulting on debts and recession setting in, according to Capital Economics
