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Tag: Lebanon

Posted on July 14, 2020

Lebanon seeks to import fuel from Kuwait amid shortages: Local media

Lebanon wants to negotiate fuel imports with Kuwait to help Beirut cope with an economic and financial crisis, Lebanon’s internal security chief said in remarks published on Tuesday. Abbas Ibrahim …

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Posted on July 14, 2020

Lebanon seeks fuel imports from Kuwait – newspaper

Lebanon wants to negotiate fuel imports with Kuwait to help Beirut cope with an economic and financial crisis, Lebanon’s internal security chief said in remarks published on Tuesday.

( read original story …)



Posted on July 14, 2020

Lebanon’s cash crunch now faces a trash crisis, again!

Bankers have “smuggled” up to $6bn out of Lebanon since October, circumventing controls introduced to stem capital flight, according to the country’s former top finance civil servant, Alain Bifani, …

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Posted on July 14, 2020

Small Lebanon Businesses Struggle to Survive

Before the pandemic, Lebanon faced an economic crisis rooted in years of government … He also kept up a limited flower business, only delivering orders and selling bouquets at the bakery. Ataya kept …

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Posted on July 14, 2020

ICE: Convicted Hezbollah financier has returned to Lebanon

A Lebanese businessman serving a five-year prison term for laundering millions of dollars to the militant group Hezbollah has returned to Beirut after being granted early release due to coronavirus …

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Posted on July 14, 2020

Nigerian migrant worker back home after ordeal in Lebanon

Beirut, Lebanon – A Nigerian domestic worker who documented her abuse by former employers in Lebanon has arrived back home following a months-long ordeal that saw her arrested and accused of attempted …

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Posted on July 13, 2020

Lebanon crisis: Dumpster diving, blackouts and suicides. Country’s woes laid bare

As Lebanon entered a Covid-induced lockdown earlier this year, the destruction of the middle class remained largely out of sight, but now there’s no escaping the dystopian scenes of desperation.

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Posted on July 13, 2020

Bankers ‘smuggled’ $6bn out of Lebanon, says ex-finance chief

Bankers have “smuggled” up to $6bn out of Lebanon since October, circumventing controls introduced to stem capital flight as the country plunged into its worst financial crisis in 30 years, according …

( read original story …)



Posted on July 12, 2020

Bartering Child’s Dress for Food: Life in Lebanon’s Economic Crisis

A TV chef abandons unaffordable beef. Blackouts make for sweltering summer nights. Changing money feels like a drug deal: The financial meltdown means daily pain and a blow to a country’s pride.

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Posted on July 12, 2020

Ghosn says he is aiding those who helped him flee to Lebanon

Former Nissan Motor Co. Chairman Carlos Ghosn says he is assisting those who helped him flee from Japan to Lebanon last year but refuses to provide details about the escape, saying such information …

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