Former president Michel Aoun's term expired in October, with no successor lined up. Countries including France, the United States and Saudi Arabia hold regular consultations on Lebanon. Their representatives met in February in Paris to discuss the crisis, without achieving any tangible progress.

Lebanon is navigating a devastating economic crisis that has plunged more than 80 percent of the population into poverty. Strikes and absenteeism have paralyzed public services, the state is barely able to provide a few hours of mains electricity a day, and the local currency has lost most of its...

In February, Economy Minister Amin Salaam announced that supermarkets would be able to start pricing items in dollars, while customers could pay in dollars or Lebanese pounds at the volatile market rate. Domestically produced fruit and vegetables were still priced in the local currency. Some restaurants and clothing shops had...

They have warned they will reconsider "all ties" with Lebanon if parliament fails to elect a president amid a worsening financial crisis. The warning came after the ambassadors or representatives of the United States, France, Saudi Arabia, Qatar and Egypt met Prime Minister Najib Mikati in Beirut.

The Paris gathering is to be attended by representatives from France, the United States, Saudi Arabia, Qatar and Egypt. Lebanon is being run by a caretaker government and is also without a president as lawmakers have repeatedly failed to elect a successor to Michel Aoun, whose mandate expired at the...

"We slept here, and we hope that today will bring new hope to Lebanon," said lawmaker Najat Saliba in a video posted on social media on Friday. Fellow MP Melhem Khalaf said it was urgent to elect a president "who can save Lebanon", in an online message posted the night before.

Parliament is split between supporters of the powerful Iran-backed Hezbollah movement and its opponents, neither of whom have a clear majority. "Holding a session every week won't change anything," said lawmaker Alain Aoun, of former president Michel Aoun's Free Patriotic Movement (FPM).

Lawmakers in crisis-hit Lebanon failed to elect a new president for an eighth time, despite the deepening impact of the political deadlock on the country's economic woes. Lebanon has been without a head of state for a month after president Michel Aoun left office at the end of October with...

Lawmaker Michel Moawad, who is seen as close to the United States, won the support of 42 of parliament's 128 MPs, but his tally fell well short of the required majority and was exceeded by the number of spoilt ballots cast by pro-Hezbollah lawmakers.

Michel Aoun was vacating Lebanon's presidential palace, amid acclaim from his supporters, a day before his mandate expires without a designated successor, threatening a new power vacuum in the crisis-torn country. Several well-wishers gathered to pay tribute to the former army chief and head of the Free Patriotic Movement.

Already governed by a caretaker cabinet, crisis-hit Lebanon is hurtling towards an imminent power vacuum, with just days before the current president's term finishes at the end of the month. Aoun was elected in 2016 after a more than two-year vacancy at the presidential palace, as lawmakers made 45 failed...

The political deadlock has hit efforts to form a new government since the outgoing cabinet's mandate expired in May, despite Lebanon being gripped by its worst-ever financial crisis. At the end of a visit to Beirut last week, France's Foreign Minister Catherine Colonna urged election of a new president to...

It comes after Israeli Prime Minister Yair Lapid on Wednesday said the agreement would make conflict with Lebanon's Iran-backed militant group Hezbollah less likely. The agreement between the countries that have remained technically at war since Israel's creation in 1948 was earlier applauded by world leaders, including US President Joe...

With the demand for gas rising worldwide because of an energy crisis sparked by Russia's invasion of Ukraine, Lebanon hopes that an offshore discovery would ease its current unprecedented financial downturn. But more than a decade since it declared its maritime boundaries and an Exclusive Economic Zone, it still has...

The term of Michel Aoun expires at the end of October. The session will mark the first attempt by lawmakers to elect a new head of state at a time when the country is in the grips of a financial crisis described by the World Bank as one of the...

The Saudi ambassador to Lebanon, Waleed Al-Bukhari, has pledged the kingdom's support to Lebanon and its people during 'tough times.' The Lebanese presidency said in a statement that the Saudi diplomat's remarks came during his visit to the Lebanese President Michel Aoun in Baabda Palace earlier today. Al-Bukhari briefed President...

The Lebanon Presidency Press Office denied the information broadcasted by Al-Jadeed TV on Sunday evening, which claimed that the President General Michel Aoun, “gave permission” to raid a number of banks in the context of investigations of bank lawsuits. "The Press Office asserts that this news is fabricated and baseless,"...

The midmarket rate for the Lebanese pound is around 1,500 to the dollar, but the reality on the ground is that the black-market rate of 30,000 prevails.

Lebanon is in the throes of an economic meltdown that has been called by the World Bank as among the planet's worst since the 1850s. The crisis is widely blamed on nepotism and corruption among the country's ruling class.

Kordahi had been in the eye of the storm for criticizing the Saudi-led military intervention in Yemen during an interview that was recorded before he became minister in September. The interview was aired on Lebanese TV after he joined the cabinet, and his comments angered Saudi Arabia, Kuwait, Bahrain, and...

The expected breakthrough coincided with a visit to the Gulf by French President Emmanuel Macron, who has spearheaded international efforts to help Lebanon out of its worst ever economic crisis. Macron started his two-day tour in Abu Dhabi but was also due to visit Qatar, which Michel Aoun also visited...

Lebanon has been struggling with fuel shortages for a couple of months, which has led to protracted power outages.

In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for fuel, amid its shortage.

Political parties said to be again bickering over portfolios, which prevented government formation during the past one year.

Former PM Saad Hariri and Hezbollah have endorsed billionaire businessman and two-time premier Najib Mikati for the post  

Lebanon will begin parliamentary consultations to designate a new prime minister and Cabinet from July 26

Lebanon's prime minister-designate Saad Hariri stepped down Thursday, saying he was unable to form a government, nine months after accepting the challenge and as the country sinks deeper into crisis.