Posted By
Najib
Mar 30, 2021 04:31
Lebanese parliament approved yesterday yet another advance payment for the Electricite du Liban in order to avoid a total blackout in the country as fuel is running out. The 200 million dollar will be enough for EDL to stay operational for another two months, after which it will require additional funds to buy fuel as the company is broke and doesn't make any profits. The real problem here is that lawmakers are calling it an…
Posted By
Najib
Mar 22, 2021 04:12
Hariri met Aoun for the 18th time today and they still failed to agree on a government. In fact, Aoun had apparently sent Hariri a list yesterday which went against Hariri's pre-conditions for the new government. In other words, they don't want to agree on a new cabinet and they're apparently not aware of how serious the situation has become. In all cases, Hariri leaked the list that he has been proposing for a while…
Critiques
4 years ago
A video was circulating last week where a grocery shop owner was filmed asking a customer to pay LL500 for an extra plastic bag. I heard a similar story from a friend of mine at ...
Critiques
4 years ago
Lebanon’s central bank is set to launch an electronic foreign currency trading platform to try and stabilize the exchange rate of the US dollar to the Lebanese pound. The platform will help monitor transactions and ...
Critiques
4 years ago
16 visits in the last 6 months were not enough for Aoun and Hariri to agree on a government formation. Hariri insists on forming a non-partisan government, while Aoun insists Hariri’s proposal does not meet ...
Critiques
4 years ago
The Lira has lost over 90% of its value in the past 18 months and there is no end in sight. However, what’s noticeable is that the Lira dropped from 10,000 to 15,000 to the ...
Critiques
4 years ago
It’s been few months now that the Lira had been losing 200/300 Lira every week or so of its value, but the Lira’s latest plunge has made it lose over 90% of its value in ...
Critiques
4 years ago
A picture of a 1,000,000 LL bill has been circulating online for the past week, however it’s a fake bill that was shared by Al Khanda2 newspaper to reflect on the continuing Lebanese lira downward ...
Critiques
4 years ago
Zgharta MP Michel Moawad tweeted this morning that the Iranian ambassador has refused to get summoned by Lebanon’s Foreign Minister, following comments made by the Iranian state-tv against Patriarch Rai. Foreign Minister Charbel Wehbe had ...
Automotive
4 years ago
The first electric Lebanese car was launched in February in the cheesiest possible way, but we have yet to see a first drive. All they did in the launch was drive the car real slow ...
