Funds Held by Lebanese in Swiss Banks Up By $2.7 Billion in 2020

EM Economist & Former and previous Director of the Geo-economics and Strategy Programme Alia Moubayed shared some insightful figures this week on the surge in funds held by Lebanese in Swiss Banks since 2019. According to the above chart, "funds have surged on the year by nearly two-thirds...to 6.46bn francs...the highest sum since Swiss National Bank began releasing the data, in 1996". The surge in Swiss banks funds was accompanied by a drop in Lebanese…

NowLebanon is Back

With all these newspapers shutting down in Lebanon, it's good to see NowLebanon was brought back to life. For those who remember it, Now Lebanon was was one of the leading news sources in Lebanon and among the first to dedicate a section for bloggers. Four years after it was forced to close due to a lack of funding, Now Lebanon is back with a new look, and will now be published by New Opinion…
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Lebanon Has 2,405 Churches, 1,502 Mosques & 3,315 Schools & Universities

2 months ago
A study by International Information, a Beirut-based research & consultancy firm, revealed that there are 3,907 churches and mosques in Lebanon as well as 3,315 schools and universities. The study also listed the churches/mosques for ...
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A Short-Term Action Plan for Lebanon’s Electricity Sector

2 months ago
Lebanon is headed towards total darkness in few weeks time if EDL doesn’t get funds to buy fuel from the government. We’ve heard this before back in March before the government granted it 200 million ...
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World Happiness Report 2021: Lebanon Ranked 123 Worldwide

3 months ago
The ninth World Happiness Report ranked Lebanon in the 123rd spot worldwide, out of 149 countries, which constitutes a drop of over 30 spots from 2019 where we ranked 91st out of 150 countries. The ...
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Women March in Solidarity With Mothers of Beirut Blast Victims

4 months ago
Several marches were organized across Lebanon today in solidarity with the mothers who lost their loved ones in the August 4 Beirut blast. The powerful explosion killed over 200 people and injured thousands. Among the ...
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2020 Corruption Index: Lebanon & Iran Tied in 149th Spot

4 months ago
The 2020 Corruption index has marked Lebanon as highly corrupt and ranked it 149th (out of 180) with a score of 25/100. Other countries with a similar ranking include Iran, Guatemala, Nigeria, Mozambique and Cameroon. ...
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Judge Carla Chawwah Orders Health Ministry To Vaccinate 80-Year Old Within 48 Hours

4 months ago
Joseph Al-Hajj registered back in January to get his vaccination slot, but never received any feedback from the authorities despite having priority as an 80-year old. In the mean time, the Health Minister was too ...
Economics

LSE Study: Questioning The Effectiveness of Foreign Aid to Lebanon

5 months ago
Valentina Finckenstein, the author of this LSE Ideas study entitled “How International Aid Can Do More Harm Than Good: The Case of Lebanon“, questions the effectiveness of international aid to Lebanon throughout the last three ...
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You Can Bring in Up to 15K in Cash Through Beirut’s Airport

1 year ago
Following the airport’s reopening on July 1st, rumors spread that any amounts over $2000 were being confiscated from passengers. The Lebanese Customs issued a statement today clarifying that all passengers can carry up to $15,000 ...
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