The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund (IMF) or risk economic implosion and further turmoil, economists, diplomats and politicians said. Privately, some government officials acknowledge that an IMF bailout is the most...

Lebanon has exclusive jurisdiction over Lebanese in the country, its president said on Monday, appearing to rebuff a visiting Japanese minister who said it was “obvious and natural” that ousted ex-Nissan boss Carlos Ghosn should stand trial in Japan. Ghosn fled Japan to Lebanon, his...

A Lebanese prosecutor Monday grilled bankers over more than 2 billion dollars in capital flight in past months despite strict banking restrictions in the crisis-hit country, judicial sources said. Banks have since September imposed increasingly tight limits on dollar withdrawals and...

Lebanon’s banking lobby made a last-ditch appeal to the government to avoid a debt default and instead offer a swap into new notes for all bondholders. In the clutches of its worst financial crisis in decades, Lebanon is running out of time to decide how to handle a debt burden that...