lebanon - Page 2

Argument turns deadly in Lebanon

LEBANON, PA – A verbal altercation in Lebanon, on Wednesday escalated into a tragic incident resulting in the death of Thomas Vance, a 33-year-old male. Lebanon City Police responded to the scene…
May 4, 2023

Lebanon devalues official exchange rate by 90%

BEIRUT (Reuters) -Lebanon devalued its official exchange rate for the first time in 25 years on Wednesday, weakening it by 90% but still leaving the local currency well below its market value.…
February 1, 2023

Cash is king in Lebanon as banks atrophy

By Maya Gebeily CHTAURA, Lebanon (Reuters) – The money exchange shop in Lebanon’s Bekaa Valley was buzzing with business. Cellphones pinged endlessly and employees shouted out various rates as customers flocked in…
January 31, 2023

Lebanon banks remains shut after spree of holdups

BEIRUT (Reuters) – Lebanon’s banks will remain shut indefinitely, the country’s banking association said in a statement on Wednesday, citing ongoing “risks” to employees following a spree of bank stick-ups last week.…
September 21, 2022