In Lebanon, the hawala system is no longer confined to the margins of the economy. Based on direct observations inside…
Author: Samara Azzi
The latest decision taken by the central bank to raise the withdrawal limits under Circular 158 from $800 to $1,000—of…
In Lebanon’s ever-mutating political theatre, silence has become the governing class’s most reliable instrument. As the country reels under economic…
Today, many European countries are trying to reduce the size of their governments and give more space to the private…
Over the past few years, Lebanon has witnessed an explosion of cash-service kiosks and “digital wallet” agents sprawling across supermarkets,…
The Senior Director for counter terrorism Sebastian Gorka’s visit to Lebanon over the past two days has added an unexpected…
When the governor of Lebanon’s central bank revealed this week that one of the country’s largest lenders had quietly transferred US…
Lebanese depositors have spent six years trapped in a web of restrictions and shrinking options. The Central Bank’s Circular 158…
Lebanon’s attempt to revive its banking system is collapsing under the weight of contradictory government actions and misguided international advice.…
Lebanon’s economic collapse has pushed the country from bank accounts to banknotes. In that vacuum, “cash companies”—money-transfer outfits, currency exchangers,…
Charlie Kirk has always been a polarizing figure — an activist who refuses to stay quiet, a man who…
Lebanon’s interbank market, once a mechanism to balance short-term liquidity needs between financial institutions, has now become a glaring symbol…