Over the past two months everyone in Lebanon has become an economist. Walk down the street and you will probably hear snippets of conversation about dollars and exchange rates—and vitriol aimed at bankers. The country is in the third month of a political and economic crisis caused by a drop...

Moscow considers U.S. pressure on Turkey over its buying Russian S-400 defense systems “unacceptable,” Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday. Speaking at a news conference in Moscow, Zakharova said this attempt to pressure Turkey is out of bounds in the...

Lebanon's caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country. Donors including the World Bank and the International Monetary Fund on Wednesday rebuffed a plea for financial aid pending the...

A sharp fall-off in revenues means Lebanon’s 2019 budget deficit will be much bigger than expected, caretaker finance minister Ali Hassan Khalil said on Wednesday, as the country struggles with its worst financial crisis since the 1975-90 civil war. Speaking to reporters, Khalil did not...