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Tag: Lebanon

Posted on July 22, 2020

Former Lebanon finance head says banks ‘smuggled’ $6 billion out: FT

A top former finance official alleged that Lebanese banks “smuggled” out close to $6 billion since October despite blocking transfers abroad as the country plunged into financial crisis, the Financial …

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Posted on July 22, 2020

Crisis hits Lebanon’s hospitals, among the best in Mideast

Lebanon’s hospitals are cracking under the country’s financial crisis, just as the nation faces a surge in coronavirus cases …

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Posted on July 21, 2020

Lebanon’s turmoil fuels brain drain

BEIRUT (Reuters) – A pioneering academic at Lebanon’s most distinguished university, Charlotte Karam has enjoyed professional success that has made her decision to leave the country all the more heart …

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Posted on July 21, 2020

Lebanon nears critical stage in coronavirus cases, says health minister

The reopening of the Beirut airport and the subsequent failure of Lebanese returning from abroad to adhere to strict isolation measures caused a spike in infections, Lebanon’s health minister said.

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Posted on July 21, 2020

Minister: Lebanon is nearing critical stage in virus cases

Lebanon’s health minister says the financially troubled Mediterranean country, which has so far managed to contain the coronavirus, is sliding toward a critical stage with a …

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Posted on July 21, 2020

Jezzine: Despite The Economic Hardships Lebanon Has Great Places to See!

If you are a Lebanese business owner, restaurateur, creative, or simply a Lebanon enthusiast who has an affordable idea for our readers, please email priyanka.navani@dailystar.com.lb Every Saturday …

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Posted on July 21, 2020

Gov. Wolf, do not punish all of Lebanon County for the words of few: Opinion

Gov. Wolf, Your recent decision to withhold federal aid funds from Lebanon County is not just about the past, but most importantly, it’s about the future. Our residents and busine …

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Posted on July 20, 2020

The lights go out on Lebanon’s economy as financial collapse accelerates

The collapse is the result of decades of economic mismanagement, corruption and overspending. Hopes for a rescue are fading as the country’s ruling elites balk at the kind of reforms and outside …

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Posted on July 20, 2020

Lights go out on Lebanon’s economy as financial collapse accelerates

The region is on edge again, with Iran blaming Israel for mysterious explosions at sensitive … “This isn’t your average small-country collapse,” said Mike Azar, a Beirut-based financial analyst. Of …

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Posted on July 19, 2020

Syria’s Assad holds elections amid economic crisis, coronavirus concerns

This year’s voting comes as Damascus struggles to redress an economy battered by nine years of war, western sanctions and the fallout of a financial crisis in neighbouring Lebanon. Food prices in …

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