Source: Express
The European Union is studying options for strengthening Lebanon’s Internal Security Forces to help free up the Lebanese army to focus on disarming the armed group Hezbollah, according to a document seen by Reuters on Monday.
Monday, December 8, 2025
The Lebanese Army on Thursday strongly denied claims that some of its personnel are affiliated with or loyal to Hezbollah, warning against the spread of “dubious information” that could damage its reputation.
Thursday, December 4, 2025
Pope Leo XIV visited Lebanon this week, the third visit by a supreme pontiff to the country since John Paul II in 1997 and Benedict in 2012 (Pope Paul VI stopped very briefly in 1964, on his way to India). The fact that Lebanon is the site of the Pope’s first foreign visit (with Turkey) is significant. The country holds the highest percentage of Christians in the Arab world.
Thursday, December 4, 2025
Lebanon will not disarm Hezbollah by the US-imposed deadline, risking a major escalation in the Middle East, current and former Israeli military officials have warned.
Monday, December 1, 2025
PSV Eindhoven felt they should have taken more from Tuesday's Champions League away clash against Juventus where they conceded a late goal to go down 2-1 in the first leg of their Champions League knockout phase playoff tie on Tuesday.
Wednesday, February 12, 2025
Manchester City boss Pep Guardiola says the club expects to learn the outcome of the hearing into its 115 charges of alleged Premier League financial rule breaches "in one month".
Saturday, February 8, 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.

