Poverty on the rise in Lebanon amid deep economic crisis
Issued on: 30/03/2023 – 11:52 05:02 FOCUS © FRANCE 24 Lebanon has been drowning in a series of crises since 2019. The economic, banking and...
financial crisis
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UBS agrees to buy Credit Suisse for more than $2bn, reports Financial
Issued on: 19/03/2023 – 18:22Modified: 19/03/2023 – 18:25 UBS has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the...
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Yellen rules out SVB bailout but US said to weigh safeguarding
Issued on: 12/03/2023 – 22:12 Treasury Secretary Janet Yellen said Sunday the government wants to avoid financial “contagion” from Silicon Valley Bank’s implosion, but while...
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SOS diaspora: How Lebanese abroad help their country survive crisis
Issued on: 03/03/2023 – 13:34Modified: 03/03/2023 – 13:45 As their country sinks deeper into a financial crisis, more Lebanese people depend on money sent by relatives...
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Lebanon’s Aoun leaves presidential palace as power vacuum looms
Issued on: 30/10/2022 – 11:50 Michel Aoun was vacating Lebanon’s presidential palace on Sunday amid acclaim from his supporters a day before his mandate expires...
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Lebanese turn to solar energy amid collapse of national power grid
Issued on: 14/10/2022 – 08:13 Almost three years into Lebanon’s trifecta of economic, social and political crises, many Lebanese are desperate to find solutions. With no...
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Ex-Fed chief Bernanke among US trio to win Nobel prize in economics
Issued on: 10/10/2022 – 11:53 Former Federal Reserve chief Ben Bernanke along with Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize “for research on...
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Ending the parliamentary regime, or undoing democracy?
Tunisian President Kais Saied delivered his draft for a new constitution to the public on Friday after months of political turmoil. A referendum is expected...
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Iranians gather in mass protest against water crisis caused by dried-up river
Issued on: 19/11/2021 – 19:13 Thousands of protesters converged on Isfahan in central Iran on Friday to voice their anger after the city’s lifeblood river...