What are We Providing Iraq In Exchange for its Fuel?

A deal was signed between Iraq and Lebanon today, where Iraq will supply Lebanon with one million tonnes of fuel oil in exchange for medical services. The Iraqi fuel however cannot be used by Lebanon's power stations, and will be used to buy compatible fuel from other providers. Why are we buying incompatible fuel? Because we don't have dollars to buy from providers and Iraq has agreed to receive medical services instead of money. Nevertheless,…

Supermarkets Are Running Out of Diesel

Lebanon's leading supermarkets are running short on diesel and might be forced to temporarily close until the authorities figure out a way to procure diesel. Ironically, the problem is not a market shortage but suppliers and distributors refusing to buy "legally" and trying to get the most out of the situation in the black market. Meanwhile, the authorities aren't doing sh*t to resolve this matter since many parties are benefitting from the black market sales…
Lebanon

BBC Report: Lebanon Web of Corruption

2 weeks ago
Check out this lengthy BBC News Arabic report on Lebanon’s electricity sector where they investigate “allegations involving multi-million dollar agreements, bribery, and shipments of substandard oil imported to fuel Lebanon’s power stations, and reports on ...
News

Will US President Biden Recognize The Armenian Genocide Today?

3 months ago
US President Joe Biden might become the first president to recognize the killing of more than a million Armenians a century ago, after nearly 150 lawmakers asked him in recent letters to make the acknowledgment. ...
Lebanon

Lebanon Ranks 107th in 2021 World Press Freedom Index, Second in Arab World After Kuwait

3 months ago
Lebanon dropped five places from 2020 and currently ranks 107th in the 2021 RSF World Press Freedom Index report. The index is produced annually by the NGO Reporters Without Borders (RSF) and evaluates the level ...
BeirutBlast

First Look At The German Project To Rehabilitate The Beirut Port

3 months ago
A German delegation presented today its project to rebuild the Beirut Port and its surrounding during a press conference. The multi-billion-dollar project envisions beaches and a “central park” alongside restored architectural heritage, all wrapped in ...
Lebanon

Germany Wants to Rebuild The Beirut Port

4 months ago
Germany is set to present a comprehensive port reconstruction proposal to the Lebanese authorities next week according to Reuters. “In addition to the port itself, Germany‚Äôs proposal would look to redevelop more than 100 hectares ...
Lebanon

Dangerous Chemical Substances Found in Zahrani Powerplant

4 months ago
Following today’s meeting, The Higher Defense Council has decided to extend the general mobilization for six months over COVID-19 and more importantly, ex-PM Hassan Diab mentioned that dangerous chemical substances were discovered in the Zahrani ...
Lebanon

Central Bank Governor Did Not Appear in Front of Judge Ghada Aoun

4 months ago
Back in January, State Prosecutor for Mount Lebanon Judge Ghada Aoun charged Central Bank Governor Riad Salameh with dereliction of duty and breach of trust and Salameh was expected to appear today in front of ...
News

R.I.P Abu Naji

4 months ago
AUB Lecturer Makram Rabah tweeted earlier today that Abu Naji has unfortunately passed away. His old shop facing the AUB main gate, which dates back to the 1970s, was shutdown 10 years ago but he ...
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