par Liliane Mokbel, 07/01 11:42 - Reading : 2 minute(s)
Lebanon ranked third in 2023 for diaspora fund transfers in the Middle East and North Africa (MENA) region. Egypt led with transfers totaling $24.2 billion, followed by Morocco at $12.1 billion. Nevertheless, Lebanon surpassed the West Bank ($4.9 billion) and the Gaza Strip ($3.8 billion). As officially recorded, funds sent to Lebanon amounted to ...
par Mario Chartouni, 13/01 11:28 - Reading : 4 minute(s)
In 2019, Sri Lanka, the Asian island celebrated for its rich heritage and stunning landscapes, faced its most severe economic crisis since gaining its independence in 1948. What were the underlying causes, symptoms, effects, and potential solutions for this crisis? No Smoke Without Fire The first tragedy struck on April 21, 2019, Easter Sunday, ...
par This Is Beirut, 03/02 14:18 - Reading : 1 minute(s)
The acting governor of the Central Bank of Lebanon (BDL), Wassim Mansouri, communicated on Saturday the amendments made to Circular 151 through a new circular, Circular 166. Following Friday's meeting of the BDL Central Council, Mansouri announced two decisions concerning the repayment of foreign currency deposits and the conversion of foreign ...
par Riad Obégi, 08/02 09:00 - Reading : 4 minute(s)
This document does not claim to be exhaustive, rather it aims to give a few ideas that might help in finding solutions to Lebanon’s current crisis. 1 – Diagnosis: Lebanon’s GDP has fallen from 55 billion dollars to around 20 billion. Whole economic sectors have been damaged. State debt has been reduced by over 50 billion dollars due to ...
par This Is Beirut, 09/02 11:49 - Reading : 4 minute(s)
crisis diplomacy Gaza Hamas Hamas-Israel Iran Israel
While Benjamin Netanyahu asked his ground troops to prepare to enter to Rafah, the United States made it known that it considers Israel's response against Hamas "over the top," without, however, giving up hope as to the outcome of a diplomatic consensus. Israel conducted fresh strikes on southern Gaza's overcrowded border town of Rafah on Friday, ...
par Bélinda Ibrahim, 14/05 10:30 - Reading : 4 minute(s)
In his latest novel, Carlo Akatcherian casts a tender and lucid gaze upon today’s Lebanon, a country wounded yet resilient. This fresco celebrates the beauty of a nation and its people, carried by elegant writing. What remains of Lebanon, this small country of breathtaking beauty, a jewel of the Middle East, after decades of fratricidal ...
par Natasha Metni Torbey, 15/05 22:16 - Reading : 5 minute(s)
"Souddek! Souddek!" It was in these terms, that the Speaker of Parliament, Nabih Berri, lifted the parliamentary session, on Wednesday. The meeting lasted four hours and was intended to discuss the European donation of one billion euros. It was also in these terms that recommendations regarding the Syrian migrants’ crisis were approved ...
par Christiane Tager, 26/06 16:00 - Reading : 2 minute(s)
A crisis cell has been established in partnership with the Ministry of Economy and the key pillars of the health sector, notably the hospital syndicate, the medical association, and third-party payers, to monitor the issue of skyrocketing hospitalization costs and find ways to reduce them. Caretaker Minister of Economy and Trade Amine Salam ...
par Mohammad Zahwe, 11/09 14:50 - Reading : 1 minute(s)
Walid Moussa President of the Syndicate of Real Estate Brokers and Consultants in Lebanon "Political and security tensions have eased following Hassan Nasrallah's latest speech. The situation has thus returned to more manageable levels. Objectives are now clearer and more defined. Many displaced people have decided to return home, while those who ...
par This Is Beirut, 13/09 16:08 - Reading : 1 minute(s)
Bourj Hammoud crisis Landfills
Campaigner and legal researcher with Greenpeace Middle East & North Africa, Farah al-Hattab, warned about the toxic risks Lebanese people face due to unsafe landfills in residential areas. Commenting on the fire at the Bourj Hammoud landfill on Thursday, she explained that "the fire released toxic smoke from burning organic and inorganic ...
par Christiane Tager, 20/09 14:32 - Reading : 3 minute(s)
Since the economic and financial crisis gripped Lebanon in 2019, Lebanese households have witnessed a significant transformation in their consumption and eating habits. The prices of essential household goods have experienced notable fluctuations over the past few years. Since the onset of the economic crisis in 2019, most Lebanese households ...
