Posted By
Najib
Feb 02, 2022 05:12
If you're still wondering how much it cost BDL to drop the lira exchange rate from 34,000 to below 20,000; the answer is $509 million dollars as reported by Megaphone News. This comes as part of BDL's Circular 161 aimed at pumping dollars into the markets to absorb the volume of Lebanese pounds in circulation, but without dollars coming into the country and a proper reform plan from the government, this strategy is only making…
Posted By
Najib
Feb 02, 2022 04:56
A Lebanese Army Sergeant called Salim Fahed stormed Dr Elie Jasser's dental clinic in Ablah Zahle and stabbed to him to death with a sharp object. The motive? The sergeant's fiancee was still hurting after her dental appointment so he figured he'd go and complain by killing her dentist! The worst part is that a video showed the murderer walking calmly out of the clinic wearing his mask as if nothing had happened. This is…
Critiques
2 years ago
Al Jazeera shared few days ago a haunting documentary on the mass graves in Syria under Assad’s rule, including an interview with an unnamed witness that helped dig graves around Damascus. The harrowing testimony by ...
Critiques
2 years ago
Update: General Security changed the “Powered by Hani Saliba Foundation” to “With appreciation for Hani Saliba Foundation efforts”. SMEX, an organization which advocates for digital rights, shed light last week on new service offered by ...
Critiques
2 years ago
During the 2018 elections, over 7000 violations were recorded by LADE (Lebanese Association for Democratic Elections) including volunteers intervening in the voting process, votes being moved out from ballot boxes, bribes, and over 200 cases ...
Critiques
2 years ago
Why are we barely getting 4 hours of electricity per day? Is it because of decades of incompetence and short-sighted solutions? Is it because of political and sectarian interference in the energy decision-making? Is it ...
Critiques
2 years ago
Lebanon’s Energy Minister Walid Fayyad signed yesterday a deal to purchase electricity from Jordan via Syria. The deal is expected to bring up to 250 megawatts of electricity a day within two months, which translates ...
Automotive
2 years ago
If you haven’t met yet our new Public Works & Transport Minister, he was on TV the other day claiming that Lebanon never had a transportation crisis before 2019, and that the government never really ...
Critiques
2 years ago
If you’re wondering how the Lebanese Lira rate has been improving steadily over the last few days, after dropping to an all-time low of 33,000 last week, here’s why: – Following the decision by the ...
Critiques
2 years ago
I’ve seen a lot of comments yesterday following the incident that took place in Jeb Jennine where a young man called Abdallah Al-Saei held dozens of people hostage in a BBAC branch to get $50,000 ...
