What happened? The Lebanese lira’s value continued to diminish, reaching a record low and prompting the central bank to announce a new initiative aimed at currency stabilisation. Shiite parties Hizbollah and Amal ended their months-long boycott of cabinet meetings. Why does it matter? Lebanon’s economic crisis continued to worsen with critically low foreign reserves. The end of the boycott by […]

Lebanon’s Prime Minister Hassan Diab has announced the formation of the country’s new government, saying his cabinet will try to meet the demands of protesters.