Lebanon to default on debt payments for first time as crisis deepens
PM Hassan Diab says the country will not be making a bond payment of $1.2bn (£900m) due on Monday.
www.bbc.com
So Lebanon will not be making a bond payment of $1.2bn due on Monday. Rather amazing they went so long without defaulting especially considering they had a civil war rage from the mid 70's to 1990.