The Latest Breaking News from Sami Zoughaib

Lebanon’s €42.4bn gold dilemma: A crisis lifeline or a last resort?

As trust in banks evaporates, citizens buy coins and jewellery while officials argue over whether to unlock the nation’s vast reserves.

Euronews · Feb 6

Cash-strapped Lebanon finds itself sitting on a gold mine, as precious metal prices surge

Tiny Lebanon sits on one of the largest gold reserves in the Middle East and its government is weighing whether to use that stockpile to restore a crippled economy while its citizens are looking at gold as a way to revive their battered finances

The Independent UK · Feb 6

Lebanon aims to bring tourists back to its beaches as travel bans finally lift

The World Bank says poverty nearly tripled in Lebanon over the past decade

The Independent UK · Jun 7, 2025

Public Sector Strike Cripples Cash-Strapped Lebanon

Tarek Younes was once solidly middle class and felt he helped contribute to society as an inspector in the Lebanese government’s consumer protection agency. But the country's economic free-fall has eroded his income and civic pride. In his desperation, Younes has joined tens of thousands of public sector employees across…

Asharq Al-Awsat · Aug 9, 2022

Public sector strike cripples cash-strapped Lebanon

Tens of thousands of Lebanese public sector workers are on strike for a sixth week as they struggle to cope with the country's crippling economic crisis, further eroding what's left of the country's state institutions

The Independent UK · Aug 9, 2022

Desperate for diaspora: Lebanon begs for a tourism cash injection

Lebanon, facing rampant power cuts and skyrocketing inflation, relies on the diaspora for hard currency.

Al Jazeera · Jun 27, 2022

Lebanon reaches agreement with IMF on economic reforms

Agreement could potentially unlock access to IMF funds if Lebanese authorities implement a series of reforms.

Al Jazeera · Apr 7, 2022