A policy statement by Lebanon's new government calls for interest rate cuts and bank recapitalization in a rescue plan that includes "painful steps" to address a financial crisis, according to a draft seen Sunday by Reuters. The policy statement, on which the new government will seek a...

Dozens protested near the US embassy in Lebanon Sunday against US President Donald Trump's Middle East plan. The demonstrators, both Palestinian refugees and Lebanese, chanted slogans and flew flags as security forces blocked off a road to the diplomatic compound. Some protesters tried...

Syria's government Saturday started rationing subsidised food like rice and sugar with smart cards, a ministry said, in the latest measure to address an economic crisis in the war-torn country. The value of the Syrian pound against the dollar has plummeted on the black market in recent...

The Lebanese government has received a Central Bank circular aimed at regulating relationships between banks and their customers and will study and decide on it within days, Finance Minister Ghazi Wazni told broadcaster LBCI on Saturday. Lebanese banks, seeking to prevent capital flight,...