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Tag: Lebanon

Posted on July 27, 2022

Fallout From Economic Meltdown Continues in Lebanon

Location: In the Middle East and bordering the Mediterranean Sea, Lebanon is between Israel and Syria. It is about one-third the size of Maryland.

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Posted on July 27, 2022

With bread prices skyrocketing, Lebanon waits for crucial wheat imports and international aide

Lebanon imports most of its food and all of its fuel, and over 80% of the country’s wheat comes from Ukraine and Russia. Since the start of the war, the Kremlin’s blockade on Ukrainian grain exports …

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Posted on July 27, 2022

Lebanon parliament approves $150m World Bank loan for wheat imports

The loan is to finance wheat imports for the next six to nine months, according to caretaker economy minister Amin Salam. Lebanon has suffered from chronic shortages of wheat and flour since its …

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Posted on July 27, 2022

ABTS Lebanon installs solar panels

Solar panels have sprouted on rooftops across the country, powering refrigerators, washing machines, fans, and lights. Loulwa El Maalouf with the Arab Baptist Theological Seminary (ABTS) says, …

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Posted on July 27, 2022

Lebanon’s Parliament votes to spend World Bank loan on wheat

Lebanese lawmakers on Tuesday voted to use a $150 million World Bank loan to pay for wheat imports into the cash-strapped country. Already in the throes of a crippling economic crisis, Lebanon is also …

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Posted on July 27, 2022

Purpl partners with Mambu to facilitate money transfers to Lebanon

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

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Posted on July 27, 2022

Purpl partners with Mambu to facilitate money transfers to Lebanon

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

( read original story …)



Posted on July 27, 2022

Reading Lebanon’s Electoral Tea Leaves

With the newly elected, western-leaning government focused on technocratic solutions to Lebanon’s myriad political and economic challenges, the group turned southward and to its old bag of tricks for …

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Posted on July 26, 2022

New $15 million sports complex coming to Lebanon

Phase one will feature five soccer fields with LED lighting along with a walking trail, playground, concessions, and a pavilion.

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Posted on July 25, 2022

On This Day: IDF starts Operation Accountability in Lebanon 29 years ago

Operation Accountability sought to strike against Hezbollah and stop them from using southern Lebanon to launch attacks against Israel.

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