Posted By
Najib
Jan 15, 2021 05:31
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 in need in LBP at a new exchange rate set at LBP 6,240. In other words, The Central Bank or commercial banks keep the fresh dollars and give out aid in LBP hundreds of thousands of Lebanese citizens living in…
Posted By
Chadi
Jan 15, 2021 04:44
In the midst of all the issues and obstacles Lebanon has faced, EV-ELECTRA, a Lebanese manufacturing company has announced the launching of the first 100% Lebanese made electric vehicle. Company owner, Jihad Mohamad, announced its release by the end of February 2021, under the name "RISE", a name reflecting the hope of a better tomorrow for our country. Here are the car's specs: - 400 Km range - 230 Km/h max speed - 0-100 Km/h…
Lebanon
5 years ago
MEA Chairman told Reuters yesterday that “if MEA wants to ensure its stability, we will reach a time when we will need to have sales in ‘fresh dollars’, which means that very few people will ...
Critiques
5 years ago
The answer is quite simple: Everyone in charge since 2013 from Presidents, PMs, Ministers, Heads of Parliament, Army Generals, officers,, Heads of Customs, Port officials, etc. Up until today, Judge Sawwan’s work as lead investigator ...
Baladi
5 years ago
Nutella is no longer affordable or even available in Lebanon due to the dollar crisis. As a result, people are looking into Lebanese-based alternatives and surprisingly, there are many. In fact, our friend Bassam Karam ...
Critiques
5 years ago
Between end of 2018 and February 2020, 98,885 accounts were closed in Lebanese banks, the majority holding between 5 and 30 Million Liras. $21.3 Billion Dollars is the total amount of cash withdrawn from banks ...
Lebanon
5 years ago
How did we get here? What went wrong? Why is the “All means all” right on the money? Megaphone News produced this amazing 22 minute documentary to explain how Lebanon ended up in this deep ...
Baladi
5 years ago
Holidays are around the corner, our economy is hanging by a thread, the majority of businesses are struggling big time and need our support to survive. For that sake, consider shopping local this month and ...
Critiques
5 years ago
If you thought the way this government handled the pandemic was a mess, wait till they get their hands on the first batch of COVID-19 vaccines. According to this LBCI report, we’re only getting the ...
Lebanon
5 years ago
After starting in a very chaotic, selfish way, with a game lacking any strategy whatsoever during almost the first 2 quarters of the match, it was a different Lebanese team that showed up in the ...
