February, as weak demand and a sharp fall in output worsened business conditions, putting more pressure on an economy that has faced months of turmoil. The BLOM Lebanon PMI index, a composite gauge …
To halt Lebanon’s meltdown its imperative to reform now
The country’s currency has lost about 80% of its value against the US dollar and poverty and unemployment are on the rise …
‘It feels like a failed state’: Lebanon’s crisis deepens as it awaits bailout
Regime’s critics call for overhaul of system of patronage many say has reinforced widespread corruption …
Peaceful Black Lives Matter Protest Held In Mt. Lebanon
A peaceful Black Live Matter protest was held Friday in Mt. Lebanon. They urged the community to stop being a bystander to racial injustice. “There are a lot of people here that can easily say it …
‘Falling off a cliff’: Lebanon’s poor borrow to buy bread
For Amer al Dahn, the idea of eating meat is now a dream. Today, he can’t even afford bread and depends on credit from the local grocer to feed his wife and four children in the Lebanese city of …
Rudderless Lebanon drifts closer to maelstrom
BEIRUT (Reuters) – Lebanon is drifting deeper into crisis as it fails to do anything to remedy its collapsing currency and wider financial meltdown, raising big concerns for its stability. Hopes of …
Where’s the beef? Lebanon’s currency crash puts desperation on the menu
The Lebanese are used to eating plenty of meat, but the country’s economic woes have made it a luxury as rampant inflation takes its toll.
Lebanon County moves to the green phase of reopening
OVERNIGHT, LEBANON COUNTY WENT INTO THE GREEN PHASE. THAT MEANS FOR MANY BUSINESSES THAT HAVE BEEN CLOSED SINCE MARCH, THEY WILL HAVE THE OPPORTUNITY TO REOPEN. WHAT WE HAVE SEEN IN OTHER COUNTIES …
SCENARIOS-Rudderless Lebanon drifts closer to maelstrom
Lebanon is drifting deeper into crisis as it fails to do anything to remedy its collapsing currency and wider financial meltdown, raising big concerns for its stability. BEIRUT, July 2 (Reuters) – …
Suspects in Ghosn’s Japanese escape stand trial in Turkey
Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn’s dramatic escape from Japan to Lebanon via Istanbul at the end of last year …