Banque Du Liban

September 23, 2024 | David Daoud, Natalie Ecanow

The cautionary tale of Riad Salameh

The downfall of Lebanon’s former central bank governor Riad Salameh is nearly complete. Earlier this month, Lebanese authorities arrested the former financial wunderkind on charges...

September 5, 2023 | Natalie Ecanow |

New Canadian sanctions fall short in Lebanon

If Minister Joly is serious about opposing corruption in Lebanon, there's more Ottawa can do

August 10, 2023 | Natalie Ecanow |

New U.S., UK, Canadian Sanctions Target Former Lebanese Central Bank Governor 

The United States, in coordination with the United Kingdom and Canada, imposed sanctions today on former Lebanese Central Bank Governor Riad Salameh and three of his associates.  Washington once considered...

August 10, 2023 | |

Lebanese Central Bank Governor Hit With Sanctions From U.S., UK, Canada 

The United States, UK, and Canada sanctioned the former governor of Lebanon’s central bank, Riad Salameh, for “corrupt and unlawful actions” on August 10 but stopped short of sanctioning the...

June 2, 2023 | Natalie Ecanow |

Top U.S. Lawmakers Want Action Against Lebanon’s Corrupt Central Bank Chief

The chairman and ranking member of the House Foreign Affairs Committee sent a letter on Tuesday to Secretary of State Antony Blinken calling on the administration to “support independent, international...

September 16, 2021 | Tony Badran |

Lebanon’s New Hezbollah Government

After a year of political bickering among Lebanon’s sectarian chieftains, Hezbollah determined that the time had come for a new government to arise. By now, it should be clear to all observers that...

August 26, 2020 | Clifford D. May |

Lebanon may be broken beyond repair

Its debt is massive, its political class corrupt, and terrorists call the shots

August 4, 2020 | Jonathan Schanzer, Mark Dubowitz

Lebanon Is Collapsing and Urgent Reform Is Desperately Needed

Lebanon is unraveling. Last year’s massive public protests over the government’s failure to collect trash or provide other key services now seem like minor quibbles. The COVID-19 pandemic has...

July 6, 2017 | Tony Badran |

Lebanon’s New Electoral Law Seeks to Preempt U.S. Sanctions on Hezbollah

Congress passed the first round of Hezbollah sanctions in late 2015. Known as the Hizballah International Financing Prevention Act (HIFPA), the bill targeted banks used by the group and its membe...

June 13, 2016 | Tony Badran |

Hezbollah’s Incendiary Threat to Lebanon’s Banks

On Sunday night, a bomb detonated outside the Banque du Liban et d’Outre-Mer (BLOM), in the...