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Lebanon says rise in imports behind spike in dollar demand

Lebanon's central bank governor said Thursday that increased imports could have raised the demand for dollars in the country, noting this has pushed money changers to charge higher exchange rates. In a televised speech, Riad Salameh also raised doubts over whether increased imports were...

As Lebanon reforms go slowly, protests suggest widening anger

In a country fractured along sectarian lines, the unusually wide geographic reach of protests over Lebanon’s dire economy on Sunday suggests deepening anger with an entire class of politicians who have jointly led it into crisis. While the protests were not big - Lebanon’s divisions...

Lebanon backs key importers amid fears of dollar shortage

Lebanon's central bank is to facilitate access to dollars for importers of petroleum products, wheat and medicine, state media said Tuesday, following fears of a dollar shortage and possible currency devaluation. Economic growth in Lebanon has plummeted in the wake of repeated political...

Lebanon to deport anti-Assad activist to Syria

(Zaman Al Wasl)- Activists appealed the Lebanese authorities not to deport member of opposition Ramez al-Sayed or hand him over to the regime as he never carried a weapon or fought, his only weapon being the pen and words, according to the appeal statement. Activists insisted on Lebanon...