Your search results: 19 articles
President Michel Aoun has called on Premier-designate Saad Hariri to step aside if he is unable to quickly form a government. The two men must agree on a new cabinet, and have previously traded blame over their failure. Next Monday marks five months since Hariri was designated
17 March 2021
Lebanon has registered 3,544 new COVID-19 cases in the last 24 hours. Sixty-two more people have died, raising the death toll to 5,536
17 March 2021
MP Osama Saad (Independent/Saida) and the Coalition for the Independence of the Judiciary today proposed a bill on the independence of the administrative judiciary, which rules on disputes between citizens and public administrative bodies such as municipalities and ministries
17 March 2021
An individual dispute in Aisha Bakar, near the Al-Qassar Mosque, developed into an armed conflict between supporters of different political parties, L'Orient-Le Jour reports. Six people were wounded, including the son of a leader in Amal Movement, according to local media
17 March 2021
With the lira plummeting, international donors push for aid to be paid out in dollars
BEIRUT – Lebanon’s most vulnerable residents may be on track to receive much-needed international aid in U.S. dollars rather than in the collapsing national currency, after three international...
Ghada Alsharif, 17 March 2021
Doctor Akram Dandash told VDL (93.3) that some COVID-19 patients are dying or falling into comas in Baalbek because of misdiagnosis. Some pharmacies are prescribing cocktail injections that include Profenid to COVID-19 patients who are mistaken for having the common flu, he said
17 March 2021
Roads across Lebanon have been closed in protest of the lira’s rapid collapse, local media report. Affected areas include Corniche al-Mazraa, Verdun, Kaskas and Concord in Beirut, Baabda, Elia junction in Saida, Nabatieh, Tyre and multiple roads in Tripoli
17 March 2021
A large group of protesters have gathered near the Presidential Palace in Baabda, raising Lebanese flags and voicing anger over deteriorating living conditions and inflation, local and social media report. Army and security forces have pushed the protesters back
17 March 2021
Central bank Gov. Riad Salameh met with caretaker Finance Minister Ghazi Wazni today and presented proposals to decrease the lira-dollar market exchange rate. Salameh said the Minister and the central council of BDL will study the proposals over the next 24 hours, the NNA reports
17 March 2021
Caretaker Finance Minister Ghazi Wazni has ordered the transfer of a LL50 billion treasury advance to the Higher Relief Commission to complete the fourth phase of a plan aimed at assisting families that have suffered from the economic drawbacks of the COVID-19 lockdown
17 March 2021
Many pharmacies across Lebanon will strike Thursday in protest of the lira’s collapse and resultant stock shortages and high operational costs, the head of the pharmacies syndicate told L’Orient Today. The syndicate is not sanctioning the strike, but supports it, he said
17 March 2021
Behind the scenes of Nabih Berri’s estrangement from the Syrian regime
It was Feb. 7, 2010. Parliament Speaker and Amal leader Nabih Berri went to Damascus for a “surprise visit,” the purpose of which was not clearly delineated. Perhaps, he wanted to take stock of the...
Mounir RABIH, 17 March 2021
Dozens of people have gathered in front of the Economy Ministry in downtown Beirut to protest the reported lifting of subsidies in the coming weeks. Caretaker Finance Minister Ghazi Wazni said yesterday that subsidies will be lifted gradually but did not offer a clear time frame
17 March 2021
Petrol prices have risen due to the lira’s depreciation. A tank of diesel now costs LL27,700, Octane 98 petrol LL40,000 and Octane 95 LL38,900. The head of the Gas Station Owners Syndicate told Al Jadeed he expects fuel subsidies to fall by 5% next week, further pushing up prices
17 March 2021
The truck owners’ syndicate at the Beirut port has announced a strike starting Thursday and continuing until “the exchange rate stabilizes,” local media outlets report. Trucks will stop transporting goods to and from the port, a spokesperson for the syndicate said
17 March 2021
Officials’ comments on the end of subsidies raise questions over BDL’s reserves
BEIRUT — Top government officials warned on Tuesday that import subsidies would be wound down over the coming months, citing declining dollar reserves at Banque du Liban — but in doing so, have...
Omar Tamo, 17 March 2021
Some supermarkets in Akkar have closed shop for the fourth day running as a result of the lira’s rapid collapse, prompting residents to accuse them of hoarding subsidized goods, the NNA reports. Meanwhile, protesters are blocking roads in Corniche al-Mazraa and Barbir in Beirut
17 March 2021
Lira hits new low, subsidies sunset, stopgap funding for electricity: Everything you need to know this Wednesday
Want to get the Morning Brief by email? Click here to sign up . Panic swept Lebanon as the lira fell to another record low , trading at more than LL15,000 to the dollar...
