Your search results: 16 articles
US, Qatar launch joint action on Hezbollah financing
WASHINGTON — The United States said Wednesday it was imposing sanctions on Hezbollah financiers in coordination with Qatar, a US ally that has kept cordial relations with Iran....
29 September 2021
Cabinet has decided to borrow $100 million from BDL to buy fuel for Lebanon’s electricity grid, a move that would increase power supply to 8 hours per day, Energy Minister Walid Fayad said in a press conference. Lebanon has been facing blackouts of up to 22 hours per day recently
29 September 2021
Cabinet has formed a committee to resume bailout negotiations with the IMF, comprising Finance Minister Youssef Khalil, Economy Minister Amin Salam, Deputy Premier Saade Chami and BDL Gov. Riad Salameh. Previous negotiations foundered over a year ago
29 September 2021
Beirut to Belarus: Syrian refugees embark on new, perilous route toward longed-for EU asylum
BEIRUT — Until recently, Fadi, a Syrian refugee in Lebanon since 2014, had been trying in vain to gain asylum abroad. Though better off than many other Syrian refugees in the country, Fadi was...
Abby Sewell, 29 September 2021
BDL extends lollar withdrawal rate, MP vows to challenge
BEIRUT — Banque du Liban on Wednesday extended the LL3,900 withdrawal rate for so-called lollars stuck in banks until Jan. 31, 2022, prompting a potential challenge from MPs. Here’s what we know:...
29 September 2021
Lebanon has registered 626 new COVID-19 cases in the past 24 hours. Ten people have died, raising the death toll to 8,316
29 September 2021
At its first meeting after gaining confidence, Lebanon’s new cabinet extended the state of general mobilization, introduced to combat the COVID-19 pandemic, until Dec. 31, 2021. It had previously been scheduled to end Sept. 30
29 September 2021
France “regrets” the suspension of the Beirut port explosion investigation, a Foreign Ministry spokesperson said at a press conference on Wednesday, adding that “the Lebanese have a right to know” what happened
29 September 2021
Japanese prosecutors seek two years of jail for Ghosn aide
TOKYO — Japanese prosecutors on Wednesday sought a two-year jail sentence for Greg Kelly, a former aide of fugitive ex-Nissan chief Carlos Ghosn, on trial over financial misconduct allegations....
29 September 2021
Hundreds of protesters, including families of the victims of the 2020 port explosion, protest outside Beirut Justice Palace after investigation suspended
BEIRUT – Hundreds of protesters, including relatives of the victims of the Beirut Port explosion, gathered outside the capital’s Justice Palace on Wednesday, demanding accountability following...
Ghada Alsharif, 29 September 2021
Rafik Hariri University Hospital’s administrative staff has begun an open-ended strike to protest their salaries’ deterioration. “There have been a lot of ‘financial’ promises by the government, and none of them have been fulfilled,” a staff spokesperson told L’Orient Today
29 September 2021
Lebanese minister sees ‘harmony’ in talks over financial losses
BEIRUT — Lebanon’s banking sector, central bank and other players in its financial system are working in “harmony” to agree on the size and distribution of losses sustained during the country’s...
29 September 2021
The state announced yet another hike in fuel prices on Wednesday. The price of 20 liters of 95-octane gas increased by LL4,000 to LL206,400; 98-octane, by LL4,200 to LL213,500; and diesel, by LL20,900 to LL183,600. A tank of household gas now costs LL143,400
29 September 2021
UN survey finds high levels of extreme poverty, debt and school dropout rates among Syrian refugees in Lebanon
BEIRUT — Nearly 90 percent of Syrian refugee households in Lebanon are living in extreme poverty, while the average level of refugee household debt nearly doubled since last year while the...
Abby Sewell, 29 September 2021
Cabinet meeting, diaspora voter registration, blast protest: What to know today
Want to get the Morning Brief by email? Click here to sign up. Prime Minister Najib Mikati’s government is set to hold its first meeting as a fully empowered cabinet today. The cabinet,...
