Lebanon Must Amend Decree No.6433/2011 To Preserve its Maritime Rights

During the most recent maritime discussions between Lebanon and the Israeli side, the Lebanese delegation "did not recognize the already known 860-square-kilometer disputed zone but claimed 1,430 additional square kilometers that include a substantial part of the Karish field -- supposedly in Israeli waters -- in what was called the maximalist claim of Lebanon". As shown in the picture above, Line 23 was the one claimed by Lebanon during Hof's mediation back in 2011/2012 but…

What Was Raoul Nehme Thinking?

I suppose the easiest answer is that he wasn't thinking at all. At this point, we're used to lousy and incompetent ministers but it's one thing to be a lousy economy minister in such circumstances and a whole different story to go as far as addressing the Beirut Explosion investigating judging and asking him to rule out acts of terrorism and war in a bid to speed up the settlement of insurance claims. Not only…
Critiques

Syria’s Off Shore Oil Bloc-1 Includes Part of Lebanon’s Maritime Territory

2 months ago
While the Lebanese authorities have been in ongoing discussions over the disputed offshore area with Israel, the Syrian regime is set to start oil exploration off its southern coast in an area that includes roughly ...
Critiques

We’re Giving Advance Payments To a Broke EDL

2 months ago
Lebanese parliament approved yesterday yet another advance payment for the Electricite du Liban (EDL) in order to avoid a total blackout in the country as fuel is running out. The 200 million dollar will be ...
Critiques

This is Saad Hariri’s Proposed 18-Minister Cabinet

2 months ago
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 ...
Critiques

Some Shops Are Charging 500LL For Extra Plastic Bags

3 months 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

Central Bank Set to Launch Online Trading Platform To Stabilize US-LBP Rate

3 months 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

No One Wants To Form a Government

3 months 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

Three Key Reasons Behind the Lebanese Lira’s Recent Freefall

3 months 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

Lebanese Lira Hits New Low, Crossed 15,000 Mark

3 months 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 ...
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