Latest Riad Salameh News

A Lebanese protester speaks with a bank teller during a sit-in at the Hamra branch of BLC Bank Dec. 28, 2019 in Beirut, Lebanon. Dozens of Lebanese protesters held a brief sit-in inside a bank in Beirut and another in the country's south on Saturday, part of their focus on banking policies they complain are inefficient and corrupt.(AP Photo/Maya Alleruzzo)

Lebanese protesters turn their ire on banks

Dec. 28, 2019 1:29 PM EST

BEIRUT (AP) — Dozens of Lebanese protesters held a brief sit-in inside a bank in Beirut and another in the country's south on Saturday, part of their focus on banking policies they complain are inefficient and corrupt. Lebanon is facing its worst economic crisis in decades, while protests against...

Protesters chant slogans during ongoing protests against the Lebanese political class, in front of the building of the Lebanese Association of Banks in Beirut, Lebanon, Thursday, Dec. 26, 2019. (AP Photo/Bilal Hussein)

Lebanese protest bank policies amid severe crisis

Dec. 26, 2019 11:55 AM EST

BEIRUT (AP) — Dozens of protesters staged a sit-in outside the central bank and the Lebanese Banks’ Association building Thursday to protest the banks' policies amid unprecedented capital controls. The protesters called on citizens to stop paying their loans and taxes and demanded that loan...

Protesters chant slogans during ongoing protests against the Lebanese political class as riot police stand guard in front of Finance Ministry building in Beirut, Lebanon, Friday, Nov. 29, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to widespread corruption and mismanagement by the political class that has ruled the country for three decades. (AP Photo/Bilal Hussein)

Gas station strike paralyzes Lebanon as crisis deepens

Nov. 29, 2019 1:06 PM EST

BEIRUT (AP) — Angry motorists blocked roads with their vehicles in Beirut and other parts of Lebanon on Friday, creating traffic jams to protest a strike by owners of gas stations demanding an increase in gasoline prices as the local currency drops and the nation slides deeper into a financial crisis. The...

Riot police stand guard during ongoing protests against the Lebanese government, in front of the Central Bank, in Beirut, Lebanon, Thursday, Nov. 28, 2019. Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns of a first-ever default on its debt amid the worst financial crisis in three decades. (AP Photo/Bilal Hussein)

Lebanon pays back $1.5 billion Eurobond amid economic crisis

Nov. 28, 2019 2:13 PM EST

BEIRUT (AP) — Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns of a first-ever default on its debt amid the worst financial crisis in three decades. The tiny Mediterranean country’s economic emergency has...

Lebanese women shout slogans, as they hold an Arabic placard that reads:

In Lebanon, financial collapse and security concerns loom

Nov. 27, 2019 1:57 PM EST

BEIRUT (AP) — Hundreds of Lebanese women marched across a former front line in the Lebanese capital Wednesday carrying white roses and Lebanese flags to denounce overnight clashes between rival groups that injured dozens of people. They pledged no return to civil war. But amid a political impasse after 40...