This is Beirut, 2025-12-21 12:05 - Reading : 5 minute(s)
Banks BDL Lebanon Economy Gap Law
Wrapped in the technical language of financial restructuring, the Gap Law is presented as a necessary step to correct the imbalance of Lebanon’s banking system. Behind this rhetoric lies a far more serious reality: the legalization of a massive expropriation of bank deposits, in blatant disregard of property rights, legal certainty, and the very ...
Katia Kahil, 2025-12-21 11:30 - Reading : 5 minute(s)
Lebanon South Lebanon USA Displacement
In the villages of South Lebanon, Christmas flickers like a fragile flame. Despite the ever-present fear and palpable tension, church bells toll and evening gatherings are held. In Alma al-Shaab, Yaroun, Deir Mimas, Khiam, and Marjayoun, garlands and nativity scenes timidly pierce the deserted streets. Once alive with laughter and reunion, these ...
Eleonore Stephan for Huna Lubnan, 2025-12-21 09:05 - Reading : 3 minute(s)
At one of the darkest moments in Lebanon’s national life, Prime Minister Nawaf Salam is promoting a so-called “financial gap law” as a technical solution, while in reality it legalizes suffering and formalizes the confiscation of Lebanese citizens’ savings. The so-called “Kulluna Irada” law does not merely steal money; it also ...
This is Beirut, 2025-12-20 18:05 - Reading : 5 minute(s)
Banks Lebanon Economy Gap Law IMF
Every financial crisis raises a central question: who should bear the losses? In a liberal economy grounded in responsibility, the answer is clear: those who decided, spent, borrowed, and ultimately failed. The Gap Law, however, offers a radically opposite answer. It methodically organizes the erasure of the Lebanese state’s responsibility and ...
This is Beirut, 2025-12-20 16:05 - Reading : 4 minute(s)
By claiming on Monday a commitment to “deliver justice to depositors,” Prime Minister Nawaf Salam did more than distort reality: with the active backing of the International Monetary Fund (IMF), he sealed one of the greatest financial and moral abdications in Lebanon’s history. The Gap Law, presented as a lifesaving legal framework, is in ...
This is Beirut, 2025-12-20 15:55 - Reading : 6 minute(s)
Nawaf Salam Lebanon Banks Banque du Liban Gap Law
The draft Financial Gap Law, also known as the Financial Regularization Law, is set to be discussed at the Cabinet table on Monday. Prime Minister Nawaf Salam has praised the project, presenting it as the first comprehensive legal framework to recover deposits and address the financial gap in a systematic and fair manner, within available means, ...
This is Beirut, 2025-12-20 14:25 - Reading : 2 minute(s)
Banque du Liban economy Lebanon Banks Gap Law Traders
The Syndicate of Traders and Importers of Alcoholic Beverages issued a statement on Saturday denouncing the Gap Law, which they said shifts the state’s responsibilities onto traders and businesses. “While respecting the draft presented by the Prime Minister concerning financial restructuring and the recovery of deposits, the currently ...
Antoine Saade, 2025-12-20 12:00 - Reading : 4 minute(s)
Banks Lebanon Banque du Liban Gap Law economy
The fate of depositors’ funds lies at the heart of Lebanon’s financial crisis. It is not merely a matter of figures or balance sheets; it directly affects the lives of thousands of families and undermines the country’s overall economic stability. Amid the ongoing financial collapse and the sharp erosion of the national currency’s ...
This is Beirut, 2025-12-19 22:30 - Reading : 3 minute(s)
Under the guise of structural reforms demanded by the International Monetary Fund (IMF), the “Gap Law” currently being prepared in Lebanon is raising growing concern. Presented as a technical tool designed to bridge the country’s massive financial shortfall, this law is now seen by many experts as a mechanism allowing the state to evade its ...
This is Beirut, 2025-12-19 14:35 - Reading : 2 minute(s)
Lebanon Lebanese Army Nawaf Salam Joseph Aoun Egypt Madbouly
Egyptian Prime Minister Mostafa Madbouly met with Lebanese President Joseph Aoun on Friday, reaffirming Egypt’s steadfast support for Lebanon and stressing the need for stability, sovereignty, and full implementation of UN Security Council Resolution 1701. In his remarks, Madbouly said the visit aimed to “convey Egypt’s full support to ...
This is Beirut, 2025-12-19 12:40 - Reading : 3 minute(s)
Lebanon South Lebanon UNIFIL United States Israel Lebanese Army
Following talks held Friday in Naqoura, the office of Israeli Prime Minister Benjamin Netanyahu said the meeting addressed ways to advance economic initiatives with Lebanon, alongside ongoing security discussions. In a statement, Benjamin Netanyahu’s office said the meeting aimed to continue the security dialogue, ensure the disarmament of ...
This is Beirut, 2025-12-19 11:30 - Reading : 2 minute(s)
Hezbollah Israel Lebanon Europe United States
Israel on Friday disclosed new details about its “Behind the Back” operation, a November 2, 2024 raid in northern Lebanon that led to the capture of Imad Amhaz, whom the Israeli army described as a senior figure in Hezbollah’s secret maritime apparatus and a member of the coastal missile unit (Unit 7900). Training and Expertise During his ...