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Tag: Lebanon

Posted on July 22, 2021

Syria’s financial crisis tied closely to Lebanon’s

Most pressing has been an economic crisis that is unprecedented in the history of the modern state. A major failing of the country’s banking sector, which experts have described as a Ponzi scheme, and …

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Posted on July 22, 2021

Lebanon says consultations on new government will start next week

Lebanon’s presidency said parliamentary consultations to choose a new prime minister will begin on July 26, in another attempt to push Lebanon’s fractious political class to form a government to …

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Posted on July 21, 2021

The virtues of the relics of Saint Charbel to save Lebanon from its crisis

The COVID-19 pandemic and political and economic difficulties have caused a decline in the number of pilgrims. The shrine remains nevertheless a major destination for those seeking graces for themselv …

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Posted on July 21, 2021

Miss Europe Crowned in Beirut: Yassin K. Fawaz Self-Finances Pageant to Bring Jobs and Revenue for Lebanon Post-Pandemic

Miss France Lou-Ann Vecchia was crowned Miss Europe 2021 after the pageant was post-posted due to the global pandemic. Miss Europe and the runners-up were gifted cash and bonus prizes thanks to the …

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Posted on July 21, 2021

Lebanon’s public ride-share drivers fear livelihood crash

Fuel shortages and petrol price rises threaten to grind Lebanon’s public transport system to a halt. We understand that your online privacy is very important and consenting to our collection of some …

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Posted on July 21, 2021

Crisis deepens in Lebanon as PM-designate steps down after failing to form a government for 8 months

The Lebanese prime minister-designate has said he is stepping down from the post after failing for several months to put together a government from the country’s many opposing factions amid a …

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Posted on July 21, 2021

Crisis deepens in Lebanon as PM-designate steps down after failing to form a government for 8 months

The Lebanese prime minister-designate has said he is stepping down from the post after failing for several months to put together a government from the country’s many opposing factions amid a …

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Posted on July 20, 2021

US officials in Beirut as new sanctions await Lebanon’s politicians and Iran

Treasury Department officials are in Lebanon for a three-day visit to discuss “corruption, illicit finance, and counterterrorism,” the US Embassy in Beirut …

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Posted on July 20, 2021

Lebanon man pleads guilty to tax evasion

A Lebanon man has pleaded guilty in a complicated multimillion dollar tax evasion scheme that dates to 2001. Robert A. Lund, 64, pleaded guilty to tax evasion, failure to file personal income tax …

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Posted on July 19, 2021

Head of Lebanon Banks Association to Asharq Al-Awsat: Non-State Logic Accelerates the Collapse

As the political stalemate in Lebanon exacerbates the financial, economic and monetary crisis, banking and monetary files pose a major challenge to the President of the Association of Banks (ABL), …

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