Wednesday, 17 March, 2021 - 09:30
A woman washes dishes in her kitchen as she uses a portable electric light due to a power cut, in Beirut, Lebanon July 6, 2020. Picture taken July 6, 2020. Reuters Asharq Al-Awsat
Lebanon is battling its worst economic crisis since the 1975-1990 civil war. The national currency is in freefall, while poverty and unemployment are on the rise.
Here are some numbers:
Plummeting pound
The Lebanese pound has lost around 90 percent of its value against the dollar on the black market in 18 months of crisis.
While the currency remains officially pegged to the greenback at 1,507 Lebanese pounds, the exchange rate has shot up to around 15,000 on the black market.
Papal Visit to Iraq Deemed a Success
03/17/2021 Iraq (International Christian Concern) – With the conclusion of the papal visit to Iraq earlier this month came hopes that the visit will foster greater interreligious dialogue within the country. The visit was received well by the rest of the Arab world as well, with many publications and news outlets in the region running live feeds of the visit. Many top figures within the Islamic world, including Sheikh Ahmad el-Tayeb, grand imam of al-Azhar University, and a leading figure within Sunni Islam, welcomed the Pope’s visit and wished him well in his trip, expressing desires that it would achieve its desired outcome to continue down the path of human fraternity.
Why Are Protesters Back on Lebanese Streets? albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
By Dalton Johnson •
Published March 17, 2021 Download our mobile app for iOS or Android to get the latest breaking news and local stories.
Warriors coach Steve Kerr and NBA veteran Jeremy Lin took to Twitter on Wednesday to condemn the killings and violence against Asian Americans, including Tuesday s deadly shooting spree in Georgia.
It is on all of us to speak up & snuff out hate based violence. The current climate of animosity toward Asian Americans is idiotic and devastating. Just because a virus originated in a foreign country, we are going to blame people from that part of the world, denigrate them and Steve Kerr (@SteveKerr) March 17, 2021
Lebanon s economy on free fall with the collapse of pound and runaway inflation gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.