Source: Express
Lebanese President Joseph Aoun on Monday urged the judiciary to issue a long-awaited indictment over the 2020 Beirut port blast, on the eve of the catastrophe's sixth anniversary.
Monday, August 3, 2026
Lebanon's judiciary postponed a Thursday hearing for former central bank governor Riad Salameh over alleged embezzlement after he failed to show up due to illness, a judicial official told AFP.
Friday, July 31, 2026
This was not the first time a Lebanese official had visited the White House and received support. But it was the first time that a president with the will and capacity to ensure Lebanon’s sovereignty had visited the White House. At the same time, Tuesday’s meeting between Joseph Aoun and President Donald Trump came against the backdrop of a US president having the courage and willingness to address Iran’s evil role in the region, facing it head-on, for the first time. So, beyond the positive relationship between the two presidents and Aoun being able to “have anything he wants,” there is a great window of opportunity for Lebanon here.
Friday, July 24, 2026
Lebanese President Joseph Aoun’s historic meeting with President Donald Trump in the White House on Tuesday went spectacularly well, delivering almost everything Beirut had hoped for. But Mr Aoun’s real test lies at home, where he must persuade a wary public that disarming Hezbollah will not drag Lebanon back into civil war.
Thursday, July 23, 2026
Lebanese President Joseph Aoun informed FIFA President Gianni Infantino of his approval to grant him Lebanese citizenship on Tuesday, the head of the Lebanese Football Association told AFP.
Wednesday, November 26, 2025
Portugal defeated Spain in penalty kicks 5- 3 to win the UEFA Nations League final late on Sunday after both sides failed to score in extra time following a showdown that ended 2-2.
Monday, June 9, 2025
Monday 9 September 2024 16:30:31
One country's currency has crashed so much that just one US dollar can now purchase 89,578 of its pounds. Experts say the Lebanese Pound is the weakest currency in the world "by some margin" as it tops a hall of shame of the world's worst performing.
Andrew Michael, an expert at Forbes Advisor, said in a report on the worst performers: "The Lebanese pound is currently, by some margin, the weakest currency in the world when measured against the US dollar.
"One Lebanese pound buys $0.000011. Put another way, this means that $1 is worth 89,578 Lebanese pounds." Lebanon's economy is service-based, but the country also exports food and drinks, metals, some chemicals and precious stones.
But, bordering the Mediterranean Sea, as well as Israel and Syria, its economy has been affected harshly by the wars in Syria and more recently Gaza.
Next worst performing currency is the Iranian rial, currently worth $0.000024. Just $1 would buy 42,087 Iranian rials.
The currency emerged in the late 1700s and has been relatively static against the US Dollar for several years. Iran is a key exporter of oil and natural gas, but economic sanctions, largely from the US, have put huge pressure on its economy.
The report was compiled for those considering in investing in weaker economies, which can potentially make significant amounts if there is a rise in its value.
But, it is a risky tactic as they could remain low or even plummet further. The US dollar is the world’s most traded currency, but not the strongest, which is currently seen as the Kuwaiti dinar.
Third worst performing currency is the Vietnamese dong as each unit can only buy $0.000039. Just $1 could buy 25,442 Vietnamese dong.
It is a service led industry with electronics, energy and textiles key industries. It has been hit hard by rising interest rates in the US, restrictions on foreign exports and a slowdown in exports.
Another south-east Asian currency, the Laotian kip, is in at number four. Around since the 1950s, 1 kip is equivalent to $0.000046, so $1 is worth 21,705 kip.
Land-locked Laos relies on exports of copper, gold and timber but has slow economic growth, high inflation and rising debt.
Sierra Leone has had a currency called leone since 1964 and one unit of it gets $0.000048. So, $1 is the equivalent of 20,969 leone.
It's key exports are timber and minerals such as diamonds and gold plus industrial metals. High inflation and debt plus slow economic growth since the Ebola outbreak have kept it struggling.

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