LSE Study: Questioning The Effectiveness of Foreign Aid to Lebanon

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 decades and how it played a role in keeping this entrenched Lebanese political structure alive, among other things. To give you an idea on how much money we're talking here, it is estimated that in the post-war period between 1993–2012,…

Lebanon Minimum Wage (in $) Has Dropped by Over 90%

The minimum wage in Lebanon is LL675,000 which was the equivalent of $450 prior to October 2019, is now worth 70$ ONLY! And given the rate at which the LIRA is deteriorating recently, it will only get worse. While dropping the 1515 peg may seem like a sound idea, this is not how it was supposed to happen, as the dollar shortage is driving the prices up and given that we need dollars to buy…
Humor

Information Minister Manal Abdel Samad is Joining The World’s Longest Zoom Meeting

4 years ago
The Lebanese Ministry of Information tweeted yesterday that minister Abdel Samad has received an invitation to host the longest Zoom meeting in the world that is expected to last more than 28 hours. The event ...
Baladi

The Lebanon Outsourcing Initiative by B.O.T

4 years ago
A new and exciting initiative was launched this week aimed at linking global companies to Lebanese professionals in the digital, technology, creative, finance and other fields. The [Lebanon Outsourcing Initiative], launched by Bridge. Outsource. Transform ...
Health

Beirut’s Crisis Observatory Study: No Herd Immunity Before 2025

4 years ago
A study conducted by the Crisis Observatory at the American University of Beirut warned that Lebanon will not reach herd immunity before the summer of 2025 at this slow pace. In fact, Lebanon has only ...
Lebanon

Lebanon To Experience Internet Issues Due To IMEWE Cable Maintenance

4 years ago
Ogero announced today that we might be facing internet connectivity issues in Lebanon due to maintenance works planned on the (IMEWE) submarine communications cable system. Lebanon relies solely on this cable and our only backup ...
Health

Only 450,000 Lebanese Have Signed Up For The COVID-19 Vaccine So Far

4 years ago
As Lebanon has officially kicked off its vaccination campaign against COVID-19, the number of people who registered on the [website] is still relatively small. In fact, ex-PM Diab mentioned that only 450,000 have signed up ...
Health

Vaccine Rollout Announced, 6 Million Doses For All Residents – Not Just Lebanese

5 years ago
Lebanon has moved in recent weeks to COVID alert level 4, which means we’re in an uncontrolled epidemic with limited additional health system capacity available. The test positivity rate is still very high and hospitals ...
Lebanon

Le Grand Prix De La Francophonie: Alexandre Najjar

5 years ago
Alexandre Najjar, Lebanese writer and novelist, was awarded “Le Grand Prix de la Francophonie” by the Academie Francaise. This award acknowledges his thirty-five contribution in his country and around the world to the preservation and ...
Critiques

World Bank US$246 Million Aid To Be Distributed in LBP At New Rate

5 years ago
I am still trying to wrap my heard around this news. Basically, the World Bank announced that it will provide a $246 million loan assistance to the Lebanese government, that will be paid to families ...
OlderNewer