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Medicine prices soar after Lebanese government lifts subsidies
The latest blow against Lebanese citizens comes amid UN reports that nearly 80 percent of the population are living below the poverty line
Nov 18, 2021
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Road blockades set up across Lebanon in protest against economic meltdown
Over recent days the Lebanese currency has dropped to a historic low as the UN estimates over 80 percent of the country is living below the poverty line
Nov 29, 2021
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EU prosecutors grill Lebanon’s finance minister over central bank corruption
Youssef Khalil claimed that during his nearly 30-year tenure at the central bank he was unaware of any corruption or embezzlement of public funds
May 06, 2023
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France to press fraud, money laundering charges against Lebanon’s cenbank chief: Report
Riad Salameh faces money laundering charges in Lebanon and several European countries
Apr 22, 2023
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Lebanon’s cenbank chief grilled by EU prosecutors, denies embezzling public funds
Riad Salameh, who the UN says is guilty of human rights violations for his role in creating Lebanon's economic crisis, claims to be the victim of political persecution
Mar 18, 2023
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EU inspectors launch probe against Lebanon’s central bank chief
According to European judicial documents, since 2002, Riad Salameh embezzled hundreds of millions in public funds using a shell company registered in the Virgin Islands
Jan 17, 2023
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US court ruling opens door for Lebanese banks to be prosecuted on foreign soil
Lebanon's financial institutions have evaded any responsibility for their role in the crisis gripping the nation, and have instead placed the burden on regular citizens
Dec 17, 2022
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France investigates paramour of Lebanon’s central bank chief for money laundering
Riad Salameh has avoided detention throughout the past year thanks to the protection afforded to him by high officials and by the US ambassador to Lebanon
Dec 06, 2022
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Germany, France ask to bypass Lebanese judges ‘impeding’ corruption probe into central bank chief
Riad Salameh faces money laundering and embezzlement charges in France, Germany, Luxembourg, Lichtenstein, Switzerland, and Lebanon
Nov 02, 2022
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Lebanon’s central bank chief guilty of embezzling millions in public funds
Official documents show Riad Salameh laundered millions using real estate owned by shell companies linked to his close relatives, and did so with full impunity from other central bank authorities
Aug 29, 2022
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Lebanese security forces conduct fruitless raid on home of central bank governor
Riad Salameh has continuously evaded arrest and subpoena warrants for his role in the 2019 financial collapse
Jun 22, 2022
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Lebanon’s Central Bank governor sues state over embezzlement probe
The counter-suit may stall the investigation into the financial crimes of the Salameh brothers and their role in Lebanon's financial collapse
Jun 04, 2022
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Lebanese banking association opposes financial recovery plan
The announcement comes on the same day that the Lebanese currency hit a record high of 33,500 liras per one US dollar
May 24, 2022
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Lebanese government passes reform plan before end of mandate
The plan is part of the government's attempt to adhere to stringent IMF demands
May 21, 2022
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Hasakah faces dual crisis from SDF siege and Turkish occupation
The residents of this Syrian governorate are undergoing extreme hardship as two separate military forces cause shortages of essential goods
Apr 25, 2022
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Riad Salameh: Washington’s man in Lebanon; a suspect in Europe
Europe has launched a flurry of criminal investigations into the United States' most valuable Lebanese financial asset, the country's Central Bank Governor
Dec 22, 2021
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Aoun’s trip to Qatar cannot change Lebanon’s fortunes; for that, he must look further east
Lebanese President Michel Aoun's trip to Qatar for help can only be a placebo for his country's woes. To jumpstart Lebanon's recovery, he needs to be prepared to realign with new regional actors.
Dec 05, 2021
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Hezbollah chief says $10 million spent on subsidizing and giving away Iranian fuel
Hassan Nasrallah also warned that if the investigation into the Tayouneh massacre continues in its current path, Lebanon could be pushed into "sedition"
Nov 27, 2021
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Hezbollah intends to break the US siege of Lebanon
Hezbollah intends to break the US economic stranglehold on Lebanon by bringing Iranian fuel to the besieged country. And it has plans in place to mitigate the risk of further US sanctions leveled against the whole country. So, what will the Americans do?
Sep 01, 2021
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