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Explainer: What is behind Lebanon's new exchange rate?

There are multiple exchange rates between the Lebanese pound and the US dollar, and the official rate being below the black market rate helps financial institutions pass on their losses to the public.

Beirut , Beyrouth , Lebanon , Lebanese , Mike-azar , Riad-salameh , International-monetary-fund , Lebanese-finance-ministry , Associated-press , Reuters , Banque-du-liban , Reuters-tuesday

Lebanon announces hike in fixed exchange rate against dollar

Lebanon will hike its fixed currency exchange rate against the U.S. dollar 25 years after adopting it

Beirut , Beyrouth , Lebanon , Lebanese , International-monetary-fund , Central-bank , Lebanese-finance-ministry , World-bank , Finance-ministry , Government-policy , Conomic-policy

Lebanon's Public Sector Paralyzed, In A 'state Of Collapse'

The average public servant’s monthly salary dropped from around $1,000 to barely $50 – and counting - Click the link for more details.

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Daizy Gedeon's 'Enough! Lebanon's Darkest Hour' documentary changing the system one vote at a time

The sunny, talkative, high-energy, food-loving maker of Enough! Lebanon’s Darkest Hour is tucking into her mission.

Beirut , Beyrouth , Lebanon , Seoul , Soult-ukpyolsi , South-korea , Australia , Sydney , New-south-wales , Alexandria , Al-iskandariyah , Egypt

Daizy Gedeon's 'Enough! Lebanon's Darkest Hour' documentary changing the system one vote at the time

The sunny, talkative, high-energy, food-loving maker of Enough! Lebanon’s Darkest Hour is tucking into her mission.

Beirut , Beyrouth , Lebanon , Seoul , Soult-ukpyolsi , South-korea , Australia , Sydney , New-south-wales , Alexandria , Al-iskandariyah , Egypt

Daizy Gedeon's 'Enough! Lebanon's Darkest Hour' documentary changing the system one vote at the time

The sunny, talkative, high-energy, food-loving maker of Enough! Lebanon’s Darkest Hour is tucking into her mission.

Beirut , Beyrouth , Lebanon , Seoul , Soult-ukpyolsi , South-korea , Australia , Sydney , New-south-wales , Alexandria , Al-iskandariyah , Egypt

Daizy Gedeon's 'Enough! Lebanon's Darkest Hour' documentary changing the system one vote at a time

The sunny, talkative, high-energy, food-loving maker of Enough! Lebanon’s Darkest Hour is tucking into her mission.

Beirut , Beyrouth , Lebanon , Seoul , Soult-ukpyolsi , South-korea , Australia , Sydney , New-south-wales , Alexandria , Al-iskandariyah , Egypt

Turkish firm threatens to cut power supply to Lebanon, ministry says

Turkish firm threatens to cut power supply to Lebanon, ministry says
Reuters
2 days ago
BEIRUT, May 11 (Reuters) - A Turkish company that provides Lebanon with electricity from a power barge has threatened to cut off supplies, the Lebanese Finance Ministry said on Tuesday, citing a Lebanese lawmaker.
The ministry statement said Lebanon, which is in the midst of a financial crisis that led the country to default on its debts, could be plunged into "total darkness" if the Turkish firm Karadeniz disconnected its 400 megawatt (MW) supply.
(Reporting by Ellen Francis; Editing by Edmund Blair)

Beirut , Beyrouth , Lebanon , Turkey , Lebanese , Turkish , Edmund-blair , Ellen-francis , Lebanese-finance-ministry , Reuters , பெய்ரூட் , பெய்ரூத்

Lebanon's gross public debt up by 4.3 pct to 95.6 bln USD in 2020

Lebanon's gross public debt up by 4.3 pct to 95.6 bln USD in 2020
sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.

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