Posted By
Najib
Jun 15, 2020 03:57
There are no dollars available to buy in the market today. BDL is expected to inject fresh dollars soon but we all know that there's no point in doing so as this is like putting a band-aid to stop a crumbling dam from leaking. The BDL is running low on dollars, the banks as well and whatever dollars they can get their hands on will be used to finance the purchase of essential foods and…
Posted By
Najib
Jun 12, 2020 05:42
Prime Minister Diab is all over the place and he just shot himself in the leg twice this week, first by approving key appointments that do not follow the guidelines recently approved by the parliament, and second by hinting at removing Central Bank governor from his position following the currency peg's implosion. If this cabinet has any chance of survival, it must recall its latest appointments, which are disgraceful and pitiful to say the least.…
Critiques
5 years ago
Is it ok to swear at politicians? Is profanity allowed when addressing ruling parties that have made our lives miserable for the past 30 years and more? Why is it ok for them to swear ...
Critiques
5 years ago
The Central Bank, as expected, has failed to control the currency peg’s implosion despite his recent promises to launch an online platform for exchange officers and start providing dollars. No one in his right mind ...
Critiques
5 years ago
In this week’s WTF news, Hassan Diab’s so-called technocrats cabinet has decided to reschedule their weekly Thursday session to be held on Wednesday for one reason: Amal’s candidate to the Ministry of Economy, Mohammad Abou ...
Critiques
5 years ago
Going down to the streets is the only option that has proven to be efficient since October 17, 2019. Just looking back at how the authorities, from the president to the current parliament and new ...
Critiques
5 years ago
Back in April, Economy Minister was threatening and fining bakeries that reduced the pack of bread from 1000g to 900g. Yesterday, he issued an official statement stating that the pack of bread will be reduced ...
Critiques
5 years ago
Over 100 Ethiopian domestic workers are sleeping outside the Ethiopian Embassy in Hazmieh after their employers became unable to pay their wages in dollars. In addition to that, the Ethiopian authorities did not take any ...
Critiques
5 years ago
Remember when Lebanon was complaining to the world about refugees being a burden to the country? Remember all the racist and discriminatory chants and slogans by politicians and ministers against refugees? Well our politicians did ...
Critiques
5 years ago
The law that Lebanon’s parliament passed last week to remove banking secrecy rules is yet another joke and a waste of time and efforts. No one’s fighting corruption or recovering stolen funds with that law, ...