Moody’s Downgraded Lebanon’s Credit Rating To Caa1

Mabrouk! We're three spots away from the lowest ranking awarded by Moody's. Yesterday, Moody's Investors Service has downgraded the Government of Lebanon's issuer ratings to Caa1 and changed the outlook from negative to stable. Here's why we got downgraded AGAIN! Moody's decision to downgrade the ratings to Caa1 reflects the heightened risk that the government's response to increased liquidity and financial stability risks will include a debt rescheduling or other liability management exercise that may…

Capernaum Officially Nominated For a Best Foreign Language Film Academy Award #Oscars2019

For the second year in a row, we have a Lebanese film nominated for an Oscar. This time, Nadine Labaki's Capernaum was officially nominated for an Oscar under the Best Foreign Language Film category. Labaki also made history by becoming the first female Arab filmmaker ever to be nominated for an Oscar. The winners will be announced on February 24 during the Oscars ceremony.

Can We PLEASE Stop Begging for Money?

There's nothing wrong with showing good hospitality to fellow Arab leaders but there's no need to overdo it whenever an oil-rich country offers us some money. First rumors spread that the Qatari ruler agreed to cover the expenses of the summit and deposit a billion dollars in the central bank, but they were denied. Next they announced a $500 million investment in Lebanon's government bonds which is a good boost to the economy assuming they…

The Type of News We Only See at Arab Summits

It's a good thing Qatar's ruler showed up to the Arab Summit held in Beirut, otherwise we wouldn't have had anything to talk about. And what better way to cover his visit than talk about his private jet that wasn't turned off during his whole visit, or the Ferrari that the ruler was supposed to roam Beirut with. Funnily enough, the news that is actually related to the summit and our economy, and by that…
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Zahle Introduces QR Reader on New Street Signs

6 years ago
I’m honestly having mixed feelings on how to tackle this piece of news. If we look at it from a technology perspective, adding a QR code is a pretty useless feature to have nowadays for ...
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Beirut Summit 2019 App is Basically a Chat App

6 years ago
Someone felt the need to come up with a mobile app for the 2019 Beirut Summit and I regret downloading it already. The part that interests me the most, which are live updates or alerts ...
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Did you Listen to The “Ya Bro” Song? Don’t.

6 years ago
Some “artist” called Hadi’z released a terrible song called Ya Bro. The lyrics, the clip everything sucks but it’s one of those songs that will stick in your head for some reason. The funniest part ...
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#RedBullJumpAndFreeze Taking Place on Feb 23!

6 years ago
Red Bull Jump & Freeze is back this year and will take place on February 23 in Mzaar. Here’s how you can take part in this fun event! – Build a team of 3 – ...
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