Central Bank imposed capital control on transfers overseas, reduced cash withdrawals and vehemently disregarded a “haircut” on deposits that would reduce many Lebanese citizens’ savings. TROUBLING FACTS: The Change Rate of about 3,000 …
Read More »Riad Salameh: Lebanon Bankruptcy, The Compelling Evidence!
Salameh has repeatedly overstated the strength and stability of the monetary system in Lebanon despite the compelling evidence of a dire economic situation and financial instability that overwhelmed the low-and-high-income workers across Lebanon.
Read More »The European Union Adopts Largest Ever Aid Package to Lebanon
Today, the European Union adopted an unprecedented support package to Lebanon of €165 million through the EU Regional Trust Fund. Over the past few months, the European Union and its Member States reconfirmed …
Read More »What is bitcoin?
Bitcoin is a digital currency which aims to deal away with all the problems we have when paying for things online. You may feel the system we have is pretty good, but everything …
Read More »Battle of the Sexes Remastered
I was attending a charity event recently when a woman was ushered in with all the pomp and ceremony usually saved for the most generous of benefactors. Upon being seated at my table, …
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