Lebanon sinks further into crisis

Demand has been surging for copper around the world - from renewable energy projects, to AI data centres, to infrastructure networks. Production, however, has struggled to keep pace, pushing prices close to record highs in late 2025 and early 2026.As the value of the metal has ri ...  Show more

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Protests, power cuts and bank hold-ups – Lebanon was already struggling before the 2020 port explosion that devasted its capital, Beirut, but now it’s in a desperate economic collapse. The Lebanese people are struggling to buy basic food and medicine. And the country also hosts t ...  Show more

For years, Riad Salameh was praised for his revolutionary financial policies as head of Lebanon’s central bank. But suddenly, the country plunged into an economic crisis. And Salameh left the central bank with a disgraced reputation and, investigators believe, a massive person ...

The massive explosion that tore through Beirut on August 4th left more than 200 people dead, 6,000 injured, and as many as 300,000 homeless. The explosion was caused by a fire that ignited 2,750 tons of ammonium nitrate stored at the port. When the blast hit, Lebanon was already ...  Show more

Gideon Rachman talks to Chloe Cornish, the FT’s Middle East correspondent, on how decades of misgovernance have led to Lebanon’s current political, economic and social crisis. Chloe recounts how the year since the explosion in Beirut, the country’s capital city, has been ...