Netanyahu accuses Prime Minister Lapid of plunging Israel into economic crisis

The former prime minister and opposition leader has been leading in the polls as he gears for a return to power in November’s elections

World Bank calls Lebanon’s economic crisis ‘deliberate’, blames elites of ‘finance Ponzi scheme’

The World Bank blames Lebanon's politicians for 'cruel' practices that saw the country accumulate debt 'beyond fiscal needs'

Syrian refugees face growing xenophobia in Lebanon as economic crisis worsens

Politicians and the media blame Lebanon's economic woes on refugees, despite international organizations pointing at the financial elite as the cause of the manufactured crisis

Lebanese diaspora vote in general elections amid economic crisis

This marks the first election since a series of tragic domestic events, beginning with the 2019 economic collapse

Lebanon considers shutting down foreign missions due to economic crisis: Report

Sources have revealed that Lebanese embassy workers abroad have not received their salaries in a month

Lebanese politicians remain divided as economic crisis spirals out of control

Plan to reconvene Lebanese cabinet on 20 December has failed due to infighting among politicians

Afghanistan economic crisis deepens as US ignores pleas to lift punitive sanctions

Nearly $10 billion of Afghanistan's foreign reserves continue to be held by the US

Hundreds of retired soldiers protest for higher pensions in crisis-torn Lebanon

Army and security officials earn less than $50 a month due to the depreciation of the Lebanese pound by more than 95 percent since 2019

Crisis-hit Lebanon to receive Iranian fuel donation soon: Lebanese official

The US is not expected to sanction Lebanon if it receives Iranian fuel due to its dire economic situation, according to David Schenker, the former US Assistant Secretary of State for Near Eastern Affairs

Emirati newspaper dissolved over article on fuel cost crisis

Emirati authorities were reportedly outraged after a renowned newspaper published a report detailing the effects the global fuel crisis has had on low-income residents

Russia, Turkey launch new economic ‘roadmap’

The Putin-Erdogan meeting in Sochi has rapidly accelerated Russian-Turkish economic initiatives and financial ties. These include bypassing western sanctions, integrating money transfers, and trading outside the dollar.

Syria hikes fuel prices to highest since 2011 crisis

Syria relies solely on fuel imports from Iran, as current US sanctions have left it vulnerable to the fluctuations of the world energy market

Discontent grows on the streets of Lebanon as crisis deteriorates

Lebanon has been weathering what the World Bank describes as the worst economic crisis in 150 years, a situation fueled by rampant corruption among the political and financial elite

Lebanon pushes against hurdles set by west to end Syrian refugee crisis

The growing cost of the Syrian refugee crisis, along with the severe economic meltdown in Lebanon, has led Beirut to move away from the international community to find plausible solutions

‘Tehran ready to help resolve Ukraine crisis’: Amir-Abdollahian

The Ukrainian FM announced Kiev's readiness for expanding relations with Iran, specifically in the agricultural sector

St. Petersburg sets the stage for the War of Economic Corridors

In St. Petersburg, the world's new powers gather to upend the US-concocted “rules-based order” and reconnect the globe their way

Backlash against Pakistan’s military, as political crisis worsens

Pakistan plummets into political chaos a month after Imran Khan's ouster. But this time the military cannot step in to arbitrate, as they are now a focus of public anger.

Lebanon must drill for energy resources to halt crisis: Hezbollah leader

The resistance leader called for all political groups in Lebanon to cooperate with the aim of overcoming the crisis

West Asia’s economic savior is called ‘multipolarity’

The transition from a western economic order toward a multipolar one is ushering in unprecedented economic and security advancements for West Asia.

Lebanese government ignores Russian wheat, oil offer despite crisis: Report

Russia also offers to sell fuel to power Lebanon's power plants, pricing the sales in Lebanese liras instead of foreign currencies

Lebanon extends credit line for wheat at last minute to avert crisis

The release of funds comes days after the bread-making industry announced there was no wheat left in storage and their factories had stopped producing bread

Oxfam: Palestinian wheat stocks could soon run out due to the Ukraine crisis

The Palestinian Authority imports 95 percent of the wheat sold in the occupied territories, but has no storage facilities

Lebanon’s wheat reserves empty due to manufactured crisis

A multitude of avoidable circumstances have led to the lack of wheat supplies in Lebanon, forcing bakers to shut down operations

Afghanistan crisis could push 97 percent of population below the poverty line

According to the World Food Programme, the price of food in Afghanistan has risen by nearly 40 percent over the past eight months

Rights group sounds alarm over unprecedented food crisis in West Asia

The conflict in Ukraine and western sanctions on Russia have exacerbated a global supply crisis that was set off by the COVID-19 pandemic

Lebanese mills running out of wheat as Lebanon, Syria head towards food crisis

The Russian-Ukrainian conflict is raising fears of major shortages in the global wheat supply

Ukraine war triggers food security crisis in Arab world and beyond

Russia and Ukraine supply most of West Asia and North Africa’s wheat, which is the integral ingredient in the region’s most critical food staple

Inflation in Turkey hits 20-year high amid Ukraine crisis concerns

Experts believe inflation could reach as high as 70 percent before the end of the year

Lebanon faces food crisis as Central Bank reserves dwindle

The rise of wheat prices due to the Ukraine crisis coincides with a judicial investigation against the head of the Central Bank for mismanagement and corruption

Lebanese banks ordered by UK Court to pay depositor amid financial crisis

The ruling comes as Lebanese banks have imposed strict capital controls on average depositors