Lebanon has The World’s Highest Nominal Inflation Rate at 139%

According to World Bank’s latest Food Security Update report, Lebanon has the highest nominal inflation rate in the world at 139% followed closely by Zimbabwe at 138% and Argentina at 108%. The food inflation rate for each country "is based on the latest month from October 2022 to January 2023 for which the food component of the Consumer Price Index and overall CPI data are available. Real food inflation is defined as food inflation minus…

U.S. Sanctions Notorious Lebanese Drug Dealers Noah Zaaiter and Hassan Daqqou

The United States Department of the Treasury imposed new sanctions today against six people, four Syrians and two Lebanese, for their role in the production or export of captagon, a dangerous amphetamine. The four Syrians include Assad's cousins Samer Kamal Al-Assad and Wassim Badi al-Assad as well as Walid Qaddour a Syrian businessman and a former commander of the rebel Free Syrian Army. The two Lebanese sanctioned are Noah Zaaiter and Hassan Daqqou who work…
Art

Tintin au Liban (Full Issue)

3 years ago
A while back, I stumbled upon a short video depicting a Tintin au Liban parody edition. The video showed an English edition which seemingly was issued by the National Lampoon magazine, an American humor magazine ...
Baladi

HSBC Appoints Lebanese Patrick George as Head of Markets & Security Services

3 years ago
Patrick George, a Lebanese expat and Concordia graduate, kicked off his banking career with a Lebanese private bank (FFA Private Bank) in 1994 before moving to HSBC in 1996 to manage the Emerging Markets Equities ...
Critiques

We Need a New Airport, Not a New Airport Terminal

3 years ago
The Minister of Public Works & Transport announced on Twitter yesterday plans to build a new terminal at the Beirut-Rafic Hariri International Airport with a foreign investment of $122 million, noting that no expansion plans ...
Critiques

World Happiness Report 2023: Lebanon & Afghanistan at the Bottom

3 years ago
The World Happiness Report released its annual ranking of the happiest & unhappiest countries in the world and Lebanon was ranked at the bottom along with Afghanistan. The report uses six key factors to measure ...
Critiques

Lebanon Postpones Daylight Saving Time Until April 21 For Ramadan

3 years ago
A memorandum was issued today by the Lebanese government to postpone Daylight Saving Time, which was set to start on Sunday March 26, until April 21 which marks the end of the Ramadan month. In ...
Lebanon

Lowest Temperature Ever Record in Lebanon

3 years ago
What is the lowest temperature ever recorded “officially” in Lebanon? The answer is -23 degrees Celsius on January 20th 1964 in the town of Yammoune according to Lebanon Weather Forecast. The page referenced the Directorate ...
Baladi

Christmas Trees From Around Lebanon – 2022

3 years ago
The Christmas spirit is unfortunately missing this year again in Lebanon but one has to find a reason to be cheerful and thankful, even for the little things, during this time of year. Here are ...
Humor

Ali Al-Hadi Tlaiss – Another Fake “Brilliant Inventor” Story

3 years ago
Fake news have been traveling online about a brilliant inventor from Lebanon who apparently broke three Guinness World Records, as “The Youngest Engineer in the World”, “The Youngest Inventor to Obtain a Patent for an ...
OlderNewer