Lebanon’s Salameh to sue Bloomberg after US denies talk of sanctioning him

Last week, Bloomberg published news that the Biden administration was considering sanctions against the central bank governor, Riad Salameha, claim both Salemeh and the US State department deny. (File/AFP)
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Updated 06 March 2021
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Lebanon’s Salameh to sue Bloomberg after US denies talk of sanctioning him

  • Bloomberg published news that the Biden administration was considering sanctions against the central bank governor
  • Both Salemeh and the US State department deny the claim

LONDON: Lebanese Central Bank Governor Riad Salameh announced on Friday that he will be taking legal action against Bloomberg after it published an article claiming that the US is considering sanctioning him, a move the US State Department denies.

“We have seen reports about possible sanctions of Riad Salameh. They are untrue,” a State Department spokesperson told Arab News.

Last week, Bloomberg published news that the Biden administration was considering sanctions against the central bank governor, a claim both Salemeh and the US State department deny.

An investigation into possible money laundering and embezzlement has been opened by Swiss authorities.

Salemeh, his brother and assistant were also being probed over multimillion-dollar transfers out of the country at a time when Lebanese citizens were allowed minimum withdrawal amounts from their bank accounts.

The country’s currency hit 10,000 Lebanese pounds to one US dollar on Wednesday, an unprecedented mark that sparked a resurgence of protests that have been hampered by the coronavirus pandemic.

Lebanon witnessed nationwide protests in October 2018 calling for the end of widespread corruption and worsening economic conditions that have since seen more than half the population living below the poverty line.

The country’s current economic and financial crisis has been largely blamed on Salemeh due to his long tenure, having headed the central bank for 28 years after assuming control in 1993.


Paris exhibition marks 200 years of Le Figaro and the enduring power of the press

Updated 17 January 2026
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Paris exhibition marks 200 years of Le Figaro and the enduring power of the press

  • The exhibition celebrated the bicentennial of Le Figaro, offering visitors a rare opportunity to step inside the newspaper’s vast historical archive

PARIS: One of France’s most influential newspapers marked a major milestone this month with a landmark exhibition beneath the soaring glass nave of the Grand Palais, tracing two centuries of journalism, literature and political debate.
Titled 1826–2026: 200 years of freedom, the exhibition celebrated the bicentennial of Le Figaro, offering visitors a rare opportunity to step inside the newspaper’s vast historical archive. Held over three days in mid-January, the free exhibition drew large crowds eager to explore how the title has both chronicled and shaped modern French history.
More than 300 original items were displayed, including historic front pages, photographs, illustrations and handwritten manuscripts. Together, they charted Le Figaro’s evolution from a 19th-century satirical publication into a leading national daily, reflecting eras of revolution, war, cultural change and technological disruption.
The exhibition unfolded across a series of thematic spaces, guiding visitors through defining moments in the paper’s past — from its literary golden age to its role in political debate and its transition into the digital era. Particular attention was paid to the newspaper’s long association with prominent writers and intellectuals, underscoring the close relationship between journalism and cultural life in France.
Beyond the displays, the program extended into live journalism. Public editorial meetings, panel discussions and film screenings invited audiences to engage directly with editors, writers and media figures, turning the exhibition into a forum for debate about the future of the press and freedom of expression.
Hosted at the Grand Palais, the setting itself reinforced the exhibition’s ambition: to place journalism firmly within the country’s cultural heritage. While the exhibition has now concluded, the bicentennial celebrations continue through special publications and broadcasts, reaffirming Le Figaro’s place in France’s public life — and the enduring relevance of a free and questioning press in an age of rapid change.