Posted By
Najib
Feb 18, 2023 11:08
You'd expect luxury goods imports to decrease dramatically when an economic crisis hit a country followed by a dramatic currency collapse, but that doesn't appear to be the case in Lebanon where caviar imports, as highlighted by Jad Chaaban in his latest post, dropped significantly in 2019 but then increased dramatically from 0.5 in 2020 and 2021 to 3.2 tons in 2022. Cars imports also witnessed a major increase last year and even surpassed the…
Posted By
Najib
Feb 18, 2023 02:34
News were circulating last week that TotalEnergies might delay its offshore gas exploration in Lebanon due to security reasons, but they turned out to be rumors yet I wish they were true. In fact, no Lebanese in his right mind would want Total or any other company to start digging for oil while we still have the same corrupt political parties ruling us. This hidden wealth should be used wisely and invested into rebuilding the…
Critiques
2 years ago
BDL added a footnote to its latest bi-monthly BDL balance sheet where roughly 16 billion dollars was added to the public debt owned by the Lebanese state to the Central Bank. The reasoning behind it? ...
Critiques
3 years ago
The main Al Arz ski lift was sabotaged last night few weeks before the opening of the ski season. The culprits climbed to the top of the hill at 2700m and cut or shot at ...
Critiques
3 years ago
According to Legal Agenda, the ministry of education received 2.1 billion dollars between 2016 and 2021 to enhance schools and make sure all students have access to an education. Out of these two billions, 270 ...
Critiques
3 years ago
The Civil War ended 30 years ago but there’s still no justice for thousands of disappeared and their families. Em Aziz is still waiting to know the fate of her four children (Azizz, Ibrahim, Mansour, ...
Lebanon
3 years ago
President Aoun’s mandate ends today yet the Lebanese parliament hasn’t yet elected a new president. We’ve already had four sessions where the candidate who got the most votes was Michel Moawad (42), knowing that two-thirds ...
BeirutBlast
3 years ago
Lebanon’s President Michel Aoun is spending his last week in Baabda giving out interviews and medals of merit. That’s not very different from any other president, except Aoun appears to be keen on awarding medals ...
Critiques
3 years ago
18 months ago, the Lebanese government was expected to sign decree No.6433/2011 to preserve its maritime rights during the ongoing indirect discussions with the Israeli side. However the government decided to disregard this request and ...
Critiques
3 years ago
The first session to elect a new president is taking place on September 29th, and while there’s still no consensus on a candidate, there are no reasons to rule out a successful vote if the ...