trending Market Intelligence /marketintelligence/en/news-insights/trending/gD9TfNoAZDlwRQno9UumZw2 content esgSubNav
In This List

Lebanon forms new government in bid to address economic crisis

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Lebanon forms new government in bid to address economic crisis

Lebanese Prime Minister Hassan Diab announced a new government that will aim to address protests in the economically troubled country, media outlets reported.

The cabinet comprises 20 specialist ministers and has received backing from the influential Hezbollah group and its allies, Reuters and Iran's Press TV said. Economist Ghazi Wazni will serve as finance minister, while diplomat Nassif Hitti will head the foreign ministry.

Wazni said Lebanon is in need of foreign aid to revive its ailing economy and warned about a "fireball" of looming maturities of foreign-currency debt, according to Reuters.