Defaulting is Imminent

Moody's downgraded in the last few days Lebanon's government issuer ratings from Caa2 to Ca, which translates to "Judged to be highly speculative and with likelihood of being near or in default, but some possibility of recovering principal and interest", and is the second lowest rating for a country. In other terms, Lebanon's debt default is no longer a matter of if but when, and it might happen on March 9 when the $1.2 billion…

Awkward Stunt in Beirut to Boycott American Products

So basically a group of young men decided to get dressed in the Jewish religious costume, hit the streets with banners denouncing the deal of the century as part of a campaign to boycott US products. I don't know where to start. What does the Jewish religious clothing have to do with "Israel" or Zionists? Zionists are Jewish but not all Jews are Zionists in case you didn't know and many are against this joke…
Critiques

Prime Minister Diab Suggested his Wife as VP to the National Commission for Lebanese Women

5 years ago
A presidential decree was issued today stating that PM Hassan Diab’s wife Nawwar Mawlawi will be appointed as VP to the President of the National Commission for Lebanese Women (NCLW), who happens to be the ...
Critiques

The Woman Behind the Famous “Revolution Kick” Summoned To the Military Court

5 years ago
Malak Alaywe, who became an icon of the Lebanese revolution after kicking Akram Chehayeb’s armed bodyguards in Riad el Solh, has been summoned to military court over actions captured in the picture above. Her husband ...
Critiques

Beirut’s Iconic St. Georges Hotel Finally Gets License To Rebuild

5 years ago
Beirut’s municipality has finally granted St. Georges hotel’s owner, Fadi Khoury a license to rebuild and fix the iconic Beirut hotel. The real estate “war” started with Rafic Hariri and then continued with Saad, with ...
Critiques

HomeCity Using Coronavirus in Latest Ad

5 years ago
The whole world is freaking out about the coronavirus, Lebanon’s Health Minister has been re-assuring people almost daily that we don’t have any cases, and Home City thought it would be a great idea to ...
Critiques

[Updated] MEA & All Operating Airlines in Lebanon To Accept Only US dollars

5 years ago
Update: Middle East Airlines has reversed its decision to sell tickets exclusively in foreign currencies, at the request of PM Hassan Diab. The decision is outrageous, apparently illegal for MEA (They’re being sued) but expected ...
Critiques

Liban: La Revolution

5 years ago
Check out this 9-minute long report by Tancrède Bonora (C à vous) on the Lebanese Revolution. It’s been over 110 days now and today was yet another proof that the revolution is alive and kicking! ...
Critiques

Stricter Capital Controls To Be Implemented This Week?

5 years ago
BDL Governor & The Association of Banks in Lebanon (ABL) are seeking to legitimize the coercive measures being taken and have dispatched a circular to the government to regulate bank-customer relationships. In the mean time, ...
Critiques

Budget Deficit is the Source of all Our Problems

5 years ago
Al Jadeed were hosting a financial advisor called Samer Salameh who’s specialized in saving crumbling companies, and he offered quite a thorough analysis on the situation with numbers and steps to implement to get out ...
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