'It's scary': Israel war fears batter Lebanon's struggling economy | Israel-Palestine conflict
Cafe footfall is down 80 percent; tourism has crashed and airlines are cutting flights even before Lebanon enters a war.
Source: aljazeera.com
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Top News In Hani Bohsali Today - Breaking & Trending Today
الوكالة الوطنية للإعلامNNA - Head of Food Importers’ Syndicate in Lebanon, Hani Bohsali, on Thursday assured the Lebanese that there was no need to worry about a local grain shortage in the wake of Russia's dec
Source: nna-leb.gov.lb
'Economic massacre': Lebanon dollarizes economy as pound plunges
BEIRUT: Escalating political confusion sent the Lebanese pound plummeting to a new low on the black market, trading at 90,000 pounds to the dollar on Wednesday. The latest plunge in the local currency means the exchange rate is more than 60 times lower than the base rate of 1,500 LBP/USD that has been in place for the past three years. Amid warnings of looming economic chaos,
Source: arabnews.com