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Tag: Lebanon

Posted on November 27, 2020

What’s the truth about Lebanon’s soaring inflation rate?

Inflation rate in Lebanon exceeds 131 percent year-on-year by the end of September Hanke (pictured below) told Arabian Business “In their October report, the Central Administration of Statistics …

( read original story …)



Posted on November 27, 2020

UPDATE 2-Alvarez & Marsal confirms withdrawing from Lebanon forensic audit

Restructuring consultancy Alvarez & Marsal (A&M) confirmed on Thursday it had withdrawn from a forensic audit of Lebanon’s central bank as it had not received the information required to carry out the …

( read original story …)



Posted on November 27, 2020

UPDATE 2-Alvarez & Marsal confirms withdrawing from Lebanon forensic audit

Restructuring consultancy Alvarez & Marsal (A&M) confirmed on Thursday it had withdrawn from a forensic audit of Lebanon’s central bank as it had not received the information required to carry out the …

( read original story …)



Posted on November 27, 2020

France to arrange aid conference for Lebanon by video on Dec. 2

The meeting, organized in conjunction with the UN, will aim to have the highest-level representation possible with the objective of soliciting aid for Lebanon’s debt-crushed economy.

( read original story …)



Posted on November 27, 2020

France to arrange aid conference for Lebanon by video on Dec. 2

The meeting, organized in conjunction with the UN, will aim to have the highest-level representation possible with the objective of soliciting aid for Lebanon’s debt-crushed economy.

( read original story …)



Posted on November 27, 2020

France, UN to host new Lebanon aid conference amid deadlock

France and the U.N. will host a new conference next week about aid to Beirut after its devastating port explosion in August, amid political deadlock and a worsening economic crisis …

( read original story …)



Posted on November 27, 2020

France to arrange aid conference for Lebanon by video on December 2

The meeting, organised in conjunction with the United Nations, will aim to have the highest-level representation possible with the objective of soliciting aid for Lebanon’s debt-crushed economy …

( read original story …)



Posted on November 26, 2020

US-sanctioned Hezbollah’s Qard al-Hasan installs ATMs, violating Lebanon’s fiscal law

US-sanctioned Hezbollah’s non-governmental organization Qard al-Hassan has installed multiple ATMs over the past month in areas controlled by the Iran-backed militia in the southern suburbs of Beirut, …

( read original story …)



Posted on November 26, 2020

Alvarez & Marsal confirms withdrawing from Lebanon central bank audit

The decision, first announced by Lebanon’s caretaker finance minister on Nov. 20, is a blow to Lebanon as the audit is a key demand of foreign donors to help it exit a financial meltdown, …

( read original story …)



Posted on November 26, 2020

Black Friday sales near but does anyone in Lebanon care as ‘Black Year’ bites?

Black Friday 2020 is normally one of the busiest times of the year but retailers in Lebanon fear the worst. The offers are here, but will the customers come? This is the question that shop owners are …

( read original story …)



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