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Lebanese importers struggle as banks impose credit controls

Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to concerns about tighter liquidity after weeks of street demonstrations. Huge anti-government protests have led to the resignation of Prime...

Electricity, water cuts power Lebanon's protest movement

For 32-year-old Uhood from Beirut's Tariq al-Jdideh district, corruption in Lebanon's leadership is the reason she has to shower at a friend's house when water pipes run dry at home. It's also why she has to pay what she calls a "mafia" of private electricity providers to cover for poor...

Lebanon's banks restrictions affect Syrians depositors

(Zaman AL Wasl)- Pro-Syrian regime media outlets gloated over Syrian businessmen who, after smuggling their money to Lebanese after revolution erupted in 2011, are suffering heavy losses due to restrictions on withdrawals imposed by the Lebanese Central Bank.  They are...

Protesters block roads in Beirut, other parts of Lebanon

Protesters blocked roads in Beirut and in other parts of Lebanon on Monday, pressing a wave of demonstrations that have paralyzed the country for more than two weeks. Demonstrators have been protesting against Lebanon’s ruling elite since Oct. 17, leading to the resignation of Saad...