New BDL Circular Forces Money Transfer Offices to Pay Out Cash in LBP Only

In January 2019, BDL restricted dollar trade by calling for all money transfer offices to only pay out cash in Lebanese Pounds rather than US dollars, even if the transfer was made in the US currency. Lebanon Restricts Dollar Trade. In December 2019, BDL mandated that all FX transfers to Lebanese non-bank institutions to be disbursed in that foreign currency and not in LBP, but today this was reversed and all money transfer offices have…

Lebanese Agriculture Minister Wants You to Eat More Chicken

The Lebanese Minister of Agriculture & Culture shared on post on his Facebook page yesterday asking the Lebanese to cut down the consumption of red meat and eat more chicken instead to avoid further business closures. Knowing that chicken is relatively cheaper than meat in Lebanon, since we have farms and don't need to import any poultry , did the minister bother to check why people aren't buying chicken or eggs? Did he monitor the…
Opinions/critiques

#LockDownNotLockUp – Help Prevent Domestic Violence on Thursday April 16th at 6PM

5 years ago
Following the lockdown imposed in Lebanon and around the world, victims of domestic violence are experiencing a greater threat as many are confined to their homes with their abusers. The Lebanese officials have reported an ...
Critiques

US Dollar Trading at 3000 Lebanese Pounds

5 years ago
A week after BDL issued a circular aimed at “facilitating” money withdrawals, and with news of a 50% haircut spreading around, the US dollar today is trading over 3,000 LL in the black market. This ...
Advertising

ICRC Shares Powerful Video Remembering The Missing of Lebanon’s civil war

5 years ago
Today marks 45 years since the Lebanese Civil War started. 45 years and thousands are still missing, 45 years and thousands are still missing them. The families of the disappeared continue to wait for answers ...
Critiques

UNESCO Expresses Concerns Over Construction Project in Nahr el Kalb

5 years ago
UNESCO director Mechtild Rössler published an open letter expressing concerns to the Lebanese authorities, over the announcement of a construction project at the Archaeological Site of Nahr El-Kalb. She continued saying: In particular, the World ...
Critiques

Interior Minister Puts in Place License Plate-Based Driving Restrictions

5 years ago
Interior Minister Mohammad Fahmi issued a circular today stating that – Vehicles with a license plate ending in an odd number may now only be driven Mondays, Wednesdays, and Fridays. and – Vehicles with a ...
Critiques

With BDL’s Latest Circular, We Now Have Four Lebanese Lira Rates

5 years ago
Leave it to the BDL geniuses to figure out new ways to screw us over while pretending to “facilitate” cash withdrawals for people. It took me a couple of hours today to understand the latest ...
Critiques

Lebanese Government Wants to Go Ahead With the Bisri Dam

5 years ago
Lebanon’s Energy Minister tweeted today that the government has decided to go ahead with the construction of a controversial dam in the Bisri Valley. The same government that just defaulted on its foreign debt, that ...
Critiques

Abou Talal’s Apology NOT Accepted, He Still Thinks This is a Joke

5 years ago
For those who missed Abou Talal’s disgraceful video, he was on TV yesterday claiming girls dancing in TikTok videos are behaving like “Mia Khalifa”, and stating that this is a phone app not Maameltein. Even ...
OlderNewer