Government or Not, Hariri & Aoun Are Not Part of the Solution

It's been over a month now that Saad Hariri was re-assigned to form a government and still nothing. Today, after a three-week pause, Hariri met Aoun and instead of agreeing on a final line-up, each handed the other a cabinet line-up. Why did they meet if they're incapable of discussing each other's proposal? Why didn't they mail the proposal ahead of time? How can they be that laid back in such critical times? The answer…

Sonatrach Deal Expires By End of Year, Turkish Power ships Threatening to Leave

Up to 85% of the fuel provided to Lebanon is by Sonatrach and its contract expires by end of year, which means we will lose our key fuel supplier in 3 weeks time. Added to that, we owe the Turkish power ships hundreds of millions in dollars, and they're threatening to leave if we don't settle our dues. In other words, Lebanon's electricity crisis will get much worse by the start of 2021.

Where Did the Bank Deposits Go?

Between end of 2018 and February 2020, 98,885 accounts were closed in Lebanese banks, the majority holding between 5 and 30 Million Liras. $21.3 Billion Dollars is the total amount of cash withdrawn from banks during this same period, out of which 16 Billion are in Lebanese Lira and the remaining five billion in foreign currencies. Lebanese Lira withdrawals: - Accounts with less than $100K dollars withdrew $1.8 Billion Dollars. - Accounts having over $100K…

A Brilliant 22-Minute Documentary on Lebanon’s Financial Meltdown

How did we get here? What went wrong? Why is the "All means all" right on the money? Megaphone News produced this amazing 22 minute documentary to explain how Lebanon ended up in this deep economic crisis, and how clientelism has made the ruling parties stronger by the year. The Lebanese people want change, but it cannot happen with the same political, judiciary and security bodies. We need to overthrow them all, otherwise things will…
Critiques

Nescafe Should be The Least of Our Worries in Lebanon Right Now

5 years ago
To begin with, rumors that Nescafe will no longer be distributed by Nestle are fake news. Nestle’s general manager confirmed that Nestle will keep on distributing its products but there might be a temporary shortage ...
Critiques

Watch Ali Haidar’s Interview on The State of Lebanese Basketball

5 years ago
A couple of weeks ago, Lebanese NT player Ali Haidar shared a video where he stated he will never play in the national team as long as Akram Halabi is president of the Lebanese Basketball ...
Baladi

Shop Local These Holidays

5 years ago
Holidays are around the corner, our economy is hanging by a thread, the majority of businesses are struggling big time and need our support to survive. For that sake, consider shopping local this month and ...
Automotive

When Did The First Car Enter Lebanon?

5 years ago
Old Beirut shared a picture yesterday of the first car to enter in Lebanon, as per their claim. The car, which was brought to Lebanon in 1906 was owned by AUB President Dr. Howard Bliss ...
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