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Tag: Lebanon

Posted on July 7, 2020

Lebanon’s elites scramble to avoid the reckoning for its debt crisis

One broadcaster prefaced newscasts with harrowing clips of food queues from Venezuela to Iran, asking viewers if this is the Lebanon they want. On its current course, that is where the country is …

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Posted on July 7, 2020

Lebanon’s rising power cuts add to gloom of economic crisis

said Salim Abi Saleh, a gynecologist and the head of the physicians union in the northern city of Tripoli. Lebanon has been shaken by a severe economic and financial crisis, made worse in recent …

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Posted on July 7, 2020

In long-awaited step, Lebanon appoints board at state-owned power firm

The Lebanese government appointed a new board of directors at the state-owned electricity company on Tuesday, a ministerial source said, a long-delayed step that is one of a number of measures awaited …

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Posted on July 7, 2020

Lebanon music festival holds empty concert in ancient ruins

News Agency Lebanon music festival holds empty concert in ancient ruins. Posted . The usually grand Baalbek Music Festival, set among 3,000-year-old Roman ruins in Lebanon, was re …

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Posted on July 7, 2020

Lebanon Investigates Millions of Dollars Flown in from Turkey

The Lebanese judicial and security authorities intensified their investigations a day after they seized USD 9 million with Turkish and Syrian people coming to Lebanon on board two private …

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Posted on July 6, 2020

Casino du Liban: Could cash-strapped Lebanon sell its historic attraction?

When business is good, the prized casino is a cash cow for the flagging state. But with the economy in freefall, the government needs ways to raise funds fast …

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Posted on July 6, 2020

Lebanon holds Baalbek concert despite virus, economic crisis

For the first time ever, Lebanon is hosting its annual music festival in the ancient northeastern city of Baalbek without an audience …

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Posted on July 5, 2020

Cyprus blocks flights from Lebanon

Cyprus announced it would allow entry from Lebanon as it eases COVID-19 lockdown measures. (File/AFP) Short Url DUBAI: Cyprus will no longer accept flights coming from Lebanon from July 6, national …

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Posted on July 5, 2020

Lebanon’s private sector economy continued to contract in June

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 …

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Posted on July 4, 2020

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 …

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