Tag: blast

ReutersAugust 7, 2020

© Reuters. FILE PHOTO: Aftermath of Tuesday’s blast in Beirut’s port area, Lebanon By Suleiman Al-Khalidi AMMAN (Reuters) – Lebanon’s economy, already sinking before the explosion that knocked out its main port, could now shrink by double the rate previously forecast for this year, making it even harder to secure the financing the country needs […]

ReutersAugust 6, 2020

BEIRUT (Reuters) – Lebanon’s central bank instructed banks and financial institutions on Thursday to extend exceptional dollar loans at zero interest to individuals and firms impacted by the Beirut port explosion that caused huge damage across the capital. Tuesday’s blast was the most powerful in years in Lebanon, which is already reeling from an economic […]

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