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Lebanon's Berri tells government time for action not words

Lebanon’s powerful parliament speaker said on Friday it was time for government action to help citizens grappling with an economic crisis and this could not wait for the outcome of International Monetary Fund negotiations. Speaker Nabih Berri, head of the Shi’ite Amal Movement, said the...

Sanctions hit Iranians urge Syria to return billions

A reformist Iranian lawmaker has stirred up a hornet’s nest by saying that Syria must reimburse Tehran for the whopping 20-30 billion dollars Iran has spent in the war-ravaged country. In a video interview with Etemad Online, the web portal of the reformist Etemad newspaper,...

Israeli military says Iran is slowly pulling out of Syria

Iran is slowly pulling out of Syria in response to Israeli strikes, as well as growing domestic discontent linked to the economy and its handling of the coronavirus pandemic, the Israeli military said Thursday. Israel and Iran have for years been engaged in a shadow war that has recently...

Lebanon PM pledges to stem devaluation, reduce food prices

Lebanon's Prime Minister Hassan Diab pledged Thursday to stem devaluation and introduce subsidies on food imports, as his cabinet marked 100 days since it was formed to redress a free-falling economy. Lebanon is facing its worst economic crisis since the 1975-1990 civil war, now compounded...