Former director-general of the Ministry of Finance Alain Bifani estimated that $6 billion was “smuggled” by bankers outside Lebanon for the political and economic elites while they were blocking …
Lebanon’s tobacco plantation: A thriving role model for other sectors
Tobacco farming is the primary source of income for 25,000 Lebanese farmers who live in 457 towns throughout Lebanon. They sold their crops worth around $135 million to the Regie Libanaise Des Tabacs …
Holiday shopping remains sluggish in Lebanon as economic crisis lingers
Provided by Xinhua by Dana HalawiBEIRUT Dec 20 Xinhua — Hoping to reap a huge profit from the current Christmas season Ali Harb a Lebanese clo …
UN and Lebanon hold memorial for killed Irish peacekeeper
The Lebanese army and U.N. peacekeepers have held a memorial at Beirut airport for an Irish soldier killed in southern Lebanon last week …
Tariff Hike Squeezes Struggling Lebanese as Reforms Stall
” Lebanon’s economic meltdown, now in its fourth year, has seen the currency lose more than 95% of its value and left eight in 10 Lebanese poor, according to the United Nations. With foreign currency …
Tariff Hike Squeezes Struggling Lebanese as Reforms Stall
” Lebanon’s economic meltdown, now in its fourth year, has seen the currency lose more than 95% of its value and left eight in 10 Lebanese poor, according to the United Nations. With foreign currency …
As Lebanon unravels, Beirut neighborhood takes security into its own hands
Amid Beirut’s unlit streets, men wield torches and batons to ensure security and safety in the neighborhood in an initiative that began in Achrafieh, one of Beirut’s oldest and most charming districts …
People in Lebanon are robbing banks and staging sit-ins to access their own savings
Lebanon’s banks froze accounts three years ago amid an economic collapse. Now, under increasingly desperate circumstances, people are resorting to extreme measures to access their savings accounts.
Three Lebanon car dealerships charged for title-washing
Title-washing can make a car seem more valuable. It also bypasses safety inspections that are legally required to put damaged cars back on the road.
Explaining conflict in Lebanon: a complex patchwork of religious and ethnic rivalries
BLESSED by nature and with an enterprising people, Lebanon has been cursed by geography, religion and history.