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Gasoline remains gold dust to motorists despite steps to ease shortages

BEIRUT — Despite a partial lifting of subsidies aimed at enabling importers to speed the delivery of fuel to distributors and two price hikes this week, filling up with gas does not appear to have...

Emily Lewis, 1 July 2021

Lebanon has registered 150 new COVID-19 cases in the past 24 hours. Three more people have died, raising the death toll to 7,854

1 July 2021

The subsidy program for drugs and medical equipment will for now remain as is, a statement from the presidency said after President Michel Aoun met with caretaker Premier Hassan Diab. However, the Health Ministry will weigh potential changes in subsidies for some drugs, it added

1 July 2021

Meanwhile, the bank’s foreign assets, which mainly represent its reserves — currently being used to subsidize essential imports — have fallen by about $287 million over the same period

1 July 2021

For the first time since August 2019, BDL’s fortnightly interim balance sheet shows a drop in the quantity of lira banknotes in circulation, with the amount falling by LL21 billion in the second half of June. The total sum of lira in circulation now stands at LL40.34 trillion

1 July 2021

Pope prays with Lebanese Christian leaders at Saint Peter’s

VATICAN CITY — Pope Francis met on Thursday with 10 Lebanese Christian leaders to reflect on the dire economic and political situation in their country, which he hopes to visit soon....

1 July 2021

A UNICEF survey found that 77 percent of the households in Lebanon do not have enough food or enough money to buy food, and 15 percent of families halted their children’s education amid the economic crisis. UNICEF warned that children are “bearing the brunt” of Lebanon’s collapse

1 July 2021

Pope Francis has received Christian Lebanese leaders, including Maronite Patriarch Bechara al-Rai, at the Vatican. The delegation arrived in Rome yesterday to partake in a “day of reflection” on Lebanon’s “worrying situation”

1 July 2021

Fuel prices increased today for the second time this week. Twenty liters of 95-octane gas cost LL70,100 (up LL9,000); of 98-octance gas, LL72,200 (up LL9,300); and of diesel LL54,400 (up LL8,300). A tank of household gas now costs LL41,600 (up LL4,000)

1 July 2021

Fuel and bread prices up again, ration card law passes, gunfire in Tripoli: Everything you need to know today

Fuel prices increased by another 10 percent this morning — the second time this week that gas prices have jumped. The cost of 20 liters of 95-octane gas rose by LL9,000 to LL70,100; of 98-octane,...

1 July 2021