Posted By
Najib
Jan 27, 2022 03:41
Lebanon’s Energy Minister Walid Fayyad signed yesterday a deal to purchase electricity from Jordan via Syria. The deal is expected to bring up to 250 megawatts of electricity a day within two months, which translates to roughly two extra hours of power per day, and will cost us around $200m which will be funded by the World Bank. So once again, instead of restructuring the energy sector properly, we're going for short term and short…
Posted By
Najib
Jan 24, 2022 03:51
If you haven't met yet our new Public Works & Transport Minister, he was on TV the other day claiming that Lebanon never had a transportation crisis before 2019, and that the government never really considered enhancing the public transportation network because everyone had a car. It appears that the minister forgot the cost of traffic and the cost of environmental degradation in Lebanon on the economy, add to that the billions of dollars wasted…
Posted By
Najib
Jan 21, 2022 03:48
Remember the story I shared a week ago about the old man selling books under a bridge? It appears that someone has set fire to his small kiosk and burned all his books. I don't know what evil mind would do that, but I'm trying to figure out how we could help the old man find a proper shelter and maybe get him back a small kiosk to sell his books. I will post updated…
Posted By
Najib
Jan 20, 2022 04:18
If you're wondering how the Lebanese Lira rate has been improving steadily over the last few days, after dropping to an all-time low of 33,000 last week, here's why: - Following the decision by the Central Bank a month ago to set a new rate of 8,000 Lebanese pounds to the US dollar for withdrawals, there was a substantial increase in the amount of Lebanese Liras circulating in the market, which meant more demand for…
Critiques
2 years ago
I’ve seen a lot of comments yesterday following the incident that took place in Jeb Jennine where a young man called Abdallah Al-Saei held dozens of people hostage in a BBAC branch to get $50,000 ...
Baladi
2 years ago
At times where seeking higher education abroad has become out of reach for many Lebanese university students, HEC & CMA CGM have decided to partner and launch The “CMA CGM Excellence Fund for Lebanon”, a ...
Critiques
2 years ago
Following the Tayyouneh clashes that took place in October 2021, the Lebanese Military court had originally charged 68 people with murder and sedition, but there hasn’t been any updates since then into this incident that ...
Critiques
2 years ago
Pictures of a homeless man taking shelter under a bridge and selling used books went viral last week, prompting Lebanon’s Minister of Culture (wait for it) to visit the old man and throw some more ...
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