Lebanese Lira Hits New Low, Crossed 15,000 Mark

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 few days time and it just crossed the LL 15,000 mark today. It's hard to describe the key reason behind this recent deterioration as there are many factors involved, but the shortage of dollar tops them all. People and businesses…

There’s No LL1,000,000 Bill (Yet)

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 spiral. In the last 48 hours, the Lira plunged to a new low as the 1$ exceeded LL12,000 while prices are still increasing as "fresh" dollars are needed for pretty much everything and the government is still subsidizing a list…
Critiques

Did The Iranian Ambassador Ignore Wehbe’s Summoning?

1 month 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

EV-ELECTRA Rise Launched But Still No First Drive

1 month 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 ...
Critiques

Mzaar Ski Resort To Close For This Season After Today’s Fiasco

1 month ago
Kfardebian municipality issued a statement later today following the fiasco that happened at the Mzaar slopes, and decided with Mzaar Ski resort to end the ski season for safety considerations and to help reduce the ...
Critiques

Troubling Numbers In The First Vaccination Report By The Central Inspection

1 month ago
Joelle M. Abi-Rached published on twitter the full report by the Central Inspection following the first week of COVID-19 vaccination in Lebanon. Looking quickly at the numbers in the report below: – 28,080 doses of ...
Critiques

World Bank Might Suspend COVID-19 Vaccine Funding After Lebanese MPs Got Vaccinated

1 month ago
The head of Lebanon’s COVID19 vaccination committee, Dr. Abdel-Rahman Bizri is set to resign today after a number of 75+ members of parliaments got vaccinated without his knowledge. World Bank Regional Director has already reacted ...
BeirutBlast

Why Was Judge Sawwan Recused from Investigating the Beirut Port Blast?

1 month ago
The Court of Cassation decided today to recuse Judge Fadi Sawwan from investigation into the Beirut port blast case, following a memorandum submitted by former ministers Ali Hassan Khalil and Ghazi Zeaiter (both suspects) on ...
Critiques

Why Are We Vaccinating Reporters & Journalists Next Week?

1 month ago
Information Minister Manal Abdel Samad has been lobbying for weeks now to give journalists and reporters priority in receiving the vaccine shot, and it looks like they will get vaccinated starting next week according to ...
Critiques

German Contractors Found a “Second Beirut Bomb” At the Port

2 months ago
Following the August 4 explosion, Lebanon signed a contract with Combi Lift, which was already working at the port, to clear containers carrying hazardous chemicals. There were 52 containers in total, which contained formic acid, ...
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