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Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities ....
A man held up a Lebanese bank to withdraw his frozen savings Friday, the latest in a string of "depositor heists" in the crisis-hit country that have garnered ....
Five Lebanese banks were stormed Friday by depositors seeking to unlock frozen savings, the latest in a string of such "heists" in the crisis-hit country that have garnered wide public support.Lebanon has been mired in an economic crisis for more than two years, since the value of its currency began plummeting and banks started imposing draconian restrictions on withdrawals.In the past week, seven bank branches have been targeted by "depositor heists", prompting lenders to announce a three-day closure starting Monday, according to the Association of Banks in Lebanon. ....