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Tag: Lebanon

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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Posted on July 4, 2020

‘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 …

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Posted on July 4, 2020

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 …

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Posted on July 3, 2020

‘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 …

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Posted on July 3, 2020

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 …

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