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Tag: Lebanon

Posted on May 10, 2020

The Latest: Churches in Lebanon Welcome Worshippers Again

Lebanon’s churches welcomed worshippers for Sunday Mass for the first time in nearly two months, as authorities eased restrictions imposed in March to limit the spread of coronavirus. (AP Photo/Bilal …

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Posted on May 10, 2020

Forensic auditor to review ‘every transaction’ at Lebanon’s central bank

A forensic auditor will review every transaction at Lebanon’s central bank, the economy minister said, in an exercise set to increase pressure on the long-serving head of the Banque du Liban as the …

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Posted on May 10, 2020

Lebanon rooftops bustle as virus shifts life upstairs

Usually the kingdom of water tanks and satellite dishes, Lebanon’s rooftops have recently been graced by unlikely scenes of locked-down residents fleeing their flats. Deprived of rehearsal rooms or …

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Posted on May 8, 2020

We fear hunger, not coronavirus: Lebanon protesters return in rage – video

Lebanon’s coronavirus lockdown has sent an economy already in deep trouble into freefall, and many are struggling to survive. Gino Raidy is an activist who was prominent during the October 2019 …

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Posted on May 7, 2020

‘Hunger is a bigger risk than coronavirus’: Lebanon’s protesters return – video

Lebanon’s coronavirus lockdown has sent an economy already in deep trouble into freefall, and many are struggling to survive. Gino Raidy is an activist who was prominent during the October 2019 street …

( read original story …)



Posted on May 6, 2020

Lebanon plan based on flexible exchange rate in ‘coming period’- Finance Minister

A government plan for getting Lebanon out of a financial crisis is based on a shift to a flexible exchange rate, but in the “coming period”, and a currency peg will be maintained for now, Finance …

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Posted on May 6, 2020

In Lebanon, a Pandemic of Hunger

Anger over a failing economy and unaffordable food has pushed protesters into the streets despite the coronavirus.

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Posted on May 6, 2020

Lebanon’s IMF recovery plan looks like an understatement

The banks, long the jewel in Lebanon’s economic crown, and the central bank, the Banque du Liban, are at the heart of this crisis. The banks long offered high interest rates to attract dollar deposits …

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Posted on May 6, 2020

Lebanon Extends Virus Shutdown, PM Warns of Second Wave

Lebanon extended its coronavirus lockdown by two weeks on Tuesday with the prime minister warning that failure to comply with a gradual easing of curbs risked a second wave of infections. Lebanon has …

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Posted on May 5, 2020

IMF chief says talks with Lebanon on reforms to begin soon

The head of the International Monetary Fund says an economic recovery plan recently adopted by the Lebanese government is “an important step forward” to address Lebanon’s economic challenges …

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