15,000 LBP is The New Official Exchange Rate?

Reuters reported today that the Lebanese Central Bank is set to drop the 1,507 rate that has been used since 1997 and replace it with LL 15,000 for every 1 U.S dollar by the end of October. Today's black market exchange rate stands at LL 38,000 so I am not really sure how realistic this LL 15,000 rate is. We will wait and see how the government or the Central Bank will justify this new…

Librairie Antoine Beirut Souks is Temporarily Closed

The iconic "Librarie Antoine" book store at the Beirut Souks has officially shut down today after a farewell ceremony in honor of the victims of the August 4 Port explosion. The ceremony was led by authors Joumana Haddad & Akl Awit and the book store was closed indefinitely afterwards. Source: https://icibeyrouth.com/culture/103307 This marks the end of an era but does not come as a surprise as the Souks have been empty for quite some time…
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215,563 Lebanese Left the Country Since 2017

9 months ago
According to the latest report published by Information International, more than 215,000 individuals have immigrated/traveled from Lebanon between 2017 and 2021, including 79,134 last year alone. The statistics are based on on data provided by ...
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Lebanon Passport Ranks 102nd in 2022 Passport Index

9 months ago
The 2022 Henley Passport Index, the only one of its kind based on exclusive data from the International Air Transport Authority (IATA), has been updated to reflect the passport rankings for this year. The index ...
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Forced Underage Marriages Are on The Rise in Lebanon

10 months ago
Underage marriage is still a big problem in Lebanon and has unfortunately increased during the pandemic. Back in 2017, UNICEF revealed that for 1 in 25 girls was married before 18 in Lebanon. Despite years ...
Baladi

Monika Borgmann Awarded Franco-German Human Rights Prize

11 months ago
Few weeks after Dar Al Jadeed, a publishing house founded by Lokman Slim and his sister Rasha Al Ameer in 1990, received the 2021 International Publishers’ Association Prix Voltaire award, Monika Borgmann who is Lokman’s ...
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Around 50% of Lebanese Children Are Skipping A Basic Meal Everyday

1 year ago
UNICEF released a survey recently highlighting the dramatic deterioration of living conditions in the past months and the impact this ongoing crisis is having on children. The survey mentions that nearly 8 in 10 Lebanese ...
Baladi

US President Appoints Sara Minkara as US Special Advisor on International Disability Rights

1 year ago
Sara Minkara, a Lebanese-American originally from Tripoli, has just been appointed the U.S. Special Advisor on International Disability Rights. This role which was created by President Barack Obama is “critical to ensuring that U.S. diplomacy ...
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The Daily Star Staff Were Laid Off, Newspaper To Shut Down

1 year ago
The Daily Star staff were all laid off today via email and the newspaper is set to shut down. The news has been a long time coming as there hasn’t been any new publication since ...
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Must-Read: Carol Ayat’s End-To-End Solution to the Energy Crisis in Lebanon

1 year ago
The only way to solve Lebanon’s power crisis is to have the right people in the right place, but unfortunately we’ve had incompetent and/or corrupt people managing this sector for the past decade or more, ...
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