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The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine. The country experienced liquidity shortages in the years ...
The rapidly escalating conflict between Israel and Hezbollah in Lebanon is further threatening President Biden’s efforts to reduce tension in the Middle East, leaving the president with ever ...
The economy of Lebanon has been experiencing a large-scale multi-dimensional crisis since 2019, [25] including a banking collapse, the Lebanese liquidity crisis and a sovereign default. [26] It is classified as a developing, lower-middle-income economy. The nominal GDP was estimated at $19 billion in 2020, [4] with a per capita GDP amounting to ...
Hezbollah–Israel conflict. Exchange of strikes between Israel and Lebanese militant group Hezbollah have been occurring along the Israel–Lebanon border and in Syria and the Israeli-occupied Golan Heights since 8 October 2023. It is currently the largest escalation of the Hezbollah–Israel conflict to have occurred since the 2006 Lebanon ...
GENEVA (Reuters) -The U.N. human rights chief on Tuesday called on anyone with influence in the Middle East to seek to avert an escalation in hostilities between Israel and Hezbollah, as ...
The Kremlin warned on Wednesday that an attack on Lebanese group Hezbollah and others using exploding pagers could become a trigger for a wider regional conflict and called for its perpetrators to ...
The Russian invasion of Ukraine has had a broad range of humanitarian impacts, both in Ukraine and internationally. These include the Ukrainian refugee crisis, the disruption of global food supplies, death and suffering of civilian population, widespread conscription in both Russia and Ukraine, severe effects on Ukrainian society and emigration of Russian population.
WASHINGTON (Reuters) -U.S. President Joe Biden welcomed the president of the United Arab Emirates to the White House on Monday, saying the two leaders would discuss ways to deescalate tensions ...