Fraud in Oil Imports Dates Back to 2005

Update May 23 2020: The second company who was allowed to receive the fuel was shut down as well by the authorities. Its owner has reportedly fled to London. Back in 2005, the Lebanese government signed a deal with the state-owned oil company of Algeria to provide us with fuel. However instead of importing the fuel directly from Sonatrach, two Lebanese companies were in charge of receiving then selling back the fuel to the Lebanese…

Government Approved Long-Awaited Economic-Financial Plan

A draft of the amended "historic" reform plan was being shared few days ago, but we could not tell if the 52-pages document was the official one. Nevertheless, the government today met and approved the economic and financial reform plan in Baabda. PM Diab is expected to give a speech later on today, but the real question is: Why didn't they inform us about this plan before approving? Why not tell people what to expect…
Critiques

24/7 Electricity in 20 Months?

5 years ago
MP Nazih Najm, who heads the parliamentary committee for Energy & Water, mentioned today that they met with the Energy Ministry with the presence of Siemens & GE companies, and that they received offers that ...
Critiques

Block 4 Drilling Indicates Presence of Gas, But Not Enough to Make it Commercially Viable

5 years ago
Lebanon’s Minister of Energy & Water held a press conference this morning to unveil the findings of the Block-4 drilling. Unfortunately, while preliminary results proved the presence of gas at various depths in offshore block ...
Critiques

Why The Riad Salameh Problem is Further Proof “Kelloun Ya3ne Kelloun”

5 years ago
Remember when some political parties got offended by the Revolution’s “Kelloun Ya3ne Kelloun” (All Means All) slogan? Remember how many defended their “clean” record and their so-called anti-corruption initiatives? Remember how many lawsuits & assaults ...
Baladi

Just Help – Helping Charities By Buying Online The Stuff They Really Need

5 years ago
If you wish to help out NGOs and underprivileged families in Lebanon but don’t know how, there’s a great online platform where you can choose any of the participating NGOs or organizations and buy the ...
Critiques

Remember When Protesters Were “Blamed” For Blocking Parliament Sessions?

5 years ago
Back in November 2019, a lot of Sulta sympathizers were blaming protesters for blocking the parliament entrances, claiming that they’re preventing lawmakers from doing what’s needed to pass laws and help save the country. Fast ...
Critiques

Who Needs a Haircut in The Draft Reform Plan When It’s Already in Place?

5 years ago
If you’re relieved that the most recent proposed haircut on bank depositors was dismissed, don’t be. The reality is that there’s already an “indirect” haircut happening on your accounts and BDL just issued yet another ...
Critiques

Lebanon on “Brink of Collapse”, Yet Parliament Wants to Pass an Amnesty Law

5 years ago
You’d think that Lebanese lawmakers have more imminent laws to pass and topics to discuss these days, but instead the current hot topic is passing a controversial amnesty law that would pardon (in principle) thousands ...
Critiques

Supporting Lebanon’s Struggling Hospitality Industry

5 years ago
I woke up today to the news that Le Bristol Beirut is shutting down after 70 years. Even though this was not confirmed yet by the hotel’s management, it goes without saying that Lebanon’s hospitality ...
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