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 »EU Ambassador Christina Lassen meets with President Michel Aoun
Ambassador Christina Lassen met today with President Michel Aoun. Discussions focused on the political, economic and security situation in Lebanon and the region. Ambassador Lassen congratulated the President on the successful holding of …
Read More »EU Ambassador Christina Lassen meets with Speaker Nabih Berri
EU Ambassador Christina Lassen met today with Speaker of Parliament Nabih Berri to congratulate him on his re-election as Speaker of Parliament and discuss the domestic and regional political situation. Ambassador Lassen reiterated …
Read More »Shorter and Richard meet Army commander, discuss border security project
British Ambassador to Lebanon Hugo Shorter and the US Ambassador Elizabeth Richard met the Lebanese Army Commander Joseph Aoun to discuss progress on the security of the Lebanese-Syrian border. The High Level Steering Committee was …
Read More »Hugo Shorter: Women On Municipalities Show Society Benefits From Full Participation of Women
As part of his ongoing engagement for greater representation of women in all walks of life, British Ambassador Hugo Shorter met a group of women municipality members to hear about their successes representing …
Read More »Violence Breeds violence!
There has been an outcry against the onslaught of senseless murders being committed lately in Lebanon. The distraught parents are crying out for harsh measures against the guilty. They claim that unless these …
Read More »A Stain of Shame on Your Electoral Program!
There is no dignity for a nation that fails to offer its elderly the dignity they are owed for what humanity is if it does not dignify the wisdom of leathery hands that …
Read More »Fears for Lebanese economy if Saudis impose Qatar-style blockade
BEIRUT (Reuters) – Lebanese politicians and bankers believe Saudi Arabia intends to do to their country what it did to Qatar – corral Arab allies into enforcing an economic blockade unless its demands …
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