Posted By
Najib
Nov 20, 2019 02:46
A highly recommended read for those interesting in understanding the financial "Ponzi scheme" that brought Lebanon’s economy to brink of collapse, and how suggestions on how to build a more productive and sustainable Lebanese economic model. Here's an excerpt from the summary: The BDL is no longer able to produce the estimated $4 billion annual interest it owes to the commercial banks on their $60 billion of deposits. As for the state, public coffers are…
Posted By
Najib
Nov 17, 2019 04:01
Khalaf's win is being celebrated as the first electoral victory for the revolution and it righteously is so. Khalaf, an independent candidate running against politically-backed candidates, got the highest number of votes and is officially the new head of the Beirut Bar Association. Khalaf got the highest number of votes in the first round, which took the other politically-backed candidates by surprise. They decided all to team up against him in the second round but…
Critiques
6 years ago
It’s not official news yet but I just read today there are no military planned this year, which is the right thing to do. I honestly would have expected those in power to organize one ...
Critiques
6 years ago
We’re close to a month now since the Revolution started and some people are still living in denial, trying to find excuses to undermine one of the largest protest movement in Lebanon’s history. Roads are ...
Critiques
6 years ago
I’m sure many of you are still wondering what this amnesty law everyone is arguing over about? And why are people calling for cancelling Tuesday’s parliamentary session? Don’t we want the MPs to go down ...
Critiques
6 years ago
While some are figuring out ways to try and foil the revolution, by either coming up with conspiracy theories and sending out negative vibes, I think it is important to look at the factors that ...
Baladi
6 years ago
The revolution is still alive and kicking after three weeks and Tripolitans are still stealing the show and showing everyone else how it’s done. Two days ago, they “cleaned” their city from all the political ...
Critiques
6 years ago
The presumably trust-worthy National News Agency shared an article today claiming that international organization have warned Lebanon after noticing kids aged 18 and less taking part in the protests. Annahar and other portals also published ...
Critiques
6 years ago
Thousands of school and university students skipped school and took the streets brandishing Lebanese flags and chanting slogans demanding the removal of the corrupt political class. While most universities and schools were supportive of these ...
Critiques
6 years ago
Moody’s has downgraded today Lebanon’s credit rating to Caa2 after having downgraded it to Caa1 nine months ago. “Moody’s said the decision to cut Lebanese debt from Caa1 to Caa2 “reflects the increased likelihood of ...
