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The Lebanese military will start offering scenic helicopter flights over the crisis-ravaged country to raise much-needed additional funds as crippling inflation has left soldiers’ salaries worth just £ 60 per month . Fifteen-minute flights in a Raven helicopter for up to three passengers will be offered starting July 1 and will cost $ 150 per …

BEIRUT (AP) – Ibrahim Arab stands in line for hours a day in the hot summer sun to buy gasoline for his taxi. When not working, the 37-year-old father-of-two goes from pharmacy to pharmacy in Beirut, looking for infant formula for his 7-month-old son – anything he can find – even if the infant has …

ECONOMYNEXT – The Sri Lankan Rupee is barely traded on official interbank markets after total transactions were banned above an unreliable peg of 200 for the US dollar, but parallel foreign exchange markets come into play, as they had done so in previous episodes of money printing, the market participants say. Sri Lanka’s interbank foreign …

Rides aboard the Army’s Robinson R44 Raven helicopters would begin Thursday and would be open to passengers aged three and over. The Lebanese army will begin this week to offer tourists helicopter rides in an attempt to replenish the coffers of one of the main institutions of the country affected by the crisis. An economic …

Cars line up at a gas station waiting to refuel in Damour, Lebanon on June 25, 2021. REUTERS / Aziz Taher BEIRUT, June 28 (Reuters) – Lebanon’s central bank on Monday said it would open lines of credit to import fuel at 3,900 Lebanese pounds to the dollar, a lower rate than previously proposed which …

BEIRUT (AP) – Lebanese troops deployed in the northern city of Tripoli took up positions around key state institutions on Sunday morning after a night of protests and riots against deteriorating living conditions , leaving several demonstrators and 10 soldiers injured. Sporadic protests were reported across Lebanon on Saturday as the country’s 20-month economic crisis …

The relationship once shared between the late Syrian and Iraqi leaders, Hafez al-Assad and Saddam Hussein, can be described as both complicated and intertwined. So was the story between Damascus and Baghdad. Many factors, such as politics, bigotry, ideology, and geography, have defined the hallmarks of Iraq-Syria ties and the race for leadership in the …

LONDON: Odile Renaud-Basso, the first female president of the European Development Bank, hopes to restore EBRD’s green investment targets while tackling equality at work as economies hit by COVID-19 recover. Before chairing his first EBRD annual meeting this week, in an interview with AFP, Renaud-Basso also highlighted the rapid digitization of the workplace that affects …

Authors: Nizar Aouad, Dana Abed On August 4, 2020, Lebanon was ravaged by a catastrophic explosion in the port of Beirut, killing more than 200 and injuring 6,500, and causing massive destruction within a 10 km radius of the explosion site. Primary data collected from LGBTQI-focused civil society organizations (CSOs) and gay individuals immediately after …

Hezbollah Secretary General Sayyed Hasan Nasrallah said on Friday that some Lebanese parties unfairly insist on accusing Hezbollah of obstructing cabinet formation in Lebanon and blaming it on false assumptions related to the Iran nuclear deal. Delivering a televised speech to address the latest developments in Lebanon, Sayyed Nasrallah stressed that Iran has consistently refused …

This move is expected to push up the price of gasoline, but should temporarily ease the shortage crisis. On Friday, Lebanon’s acting prime minister approved financing of fuel imports at a rate above the official exchange rate, reducing critical fuel subsidies amid worsening gasoline shortages. The move is likely to sharply raise the price of …

Credit: cottonbro from Pexels Three quarters of women journalists said they had experienced some form of violence online, in a global survey conducted by UNESCO and the International Center of Journalists (ICFJ). The report, The Chilling: Global Trends in Online Violence Against Women Journalists, indicates that threats of physical and sexual violence were the most …

BEIRUT – It’s been over a month since Lebanese drivers started stand in line in their cars for hours to get gasoline amid fuel shortages. This added to the many crises the Lebanese are already going through, leaving them even more suspicious of their future. He has become commonplace seeing long queues in the streets …

Since Hariri was appointed on October 22 to form a new government, he and Future Movement officials have accused Aoun and his son-in-law Bassil, head of the Free Patriotic Movement, of blocking the formation of the government by insisting on a blocker. a third plus one [veto power], something the Prime Minister-designate has pledged not …

Queer communities in Lebanon have few safe spaces left and have been among the hardest hit by the combined impacts of the Beirut explosion in 2020, the COVID-19 pandemic and the ongoing economic crisis , a new Oxfam study warned today. The combination of crises has destroyed entire neighborhoods where queer people have taken refuge …

Theocracy and Elections: The Iranian Way Rakesh Sood Iran last Friday elected its eighth president since the 1979 Islamic revolution that ended the Pahlavi dynasty. As expected, Ebrahim Raisi, the head of the judiciary since 2019, is expected to succeed President Hassan Rouhani on August 3. Given Iran’s complex governance structure of a theocracy with …

The electricity crisis is so acute that the lights went out in a building owned by the Foreign Ministry, forcing employees to stop work, according to local media. This photo taken on June 23, 2021 shows a view of a mesh of elevated power lines along a street on the outskirts of Beirut, the capital …

Almost a year after French President Emmanuel Macron visited Beirut and launched a French initiative to relieve his country’s former colony of its myriad of crises, nothing has been achieved. Food prices continue to skyrocket, fuel lines stretch for miles, and the Lebanese military – which not only monitors some of the world’s most sensitive …

Shops, government offices, businesses and banks, largely controlled by Lebanon’s Christian and Sunni elites, closed in a general strike last Thursday. Protesters erected roadblocks in Beirut and other cities, burning tires and crippling traffic, including the road to Beirut airport. As workers joined the strike to protest the appalling social conditions and endemic corruption that …

Amid strong speculation about Iran’s approach to a renewed deal with world powers over its nuclear program, the country elected its new president, Ebrahim Raisi. The new head of government will have the opportunity to revive the Iranian economy, improve diplomatic relations and strengthen geopolitical reach in the Middle East and beyond. Governing is a …

Lebanon’s Economy Ministry raised the price of subsidized bread for the fifth time in a year amid the worsening economic and financial crisis in the small country Through Associated Press BASSEM MROUE June 22, 2021, 12:04 PM • 3 minutes to read Share on FacebookShare on twitterEmail this article BEIRUT – The Lebanese Ministry of …

France is considering sanctioning the president of the Free Patriotic Movement Gebran Bassil, Reuters reported. A senior European official told Reuters that France aimed to sanction Bassil, who was sanctioned by the United States in November 2020. The news comes amid anticipation of EU sanctions against Lebanese politicians involved in the political stalemate Lebanon has …

The leader of Lebanon’s largest Christian political party said on Sunday that he still wanted Prime Minister-designate Saad al-Hariri to form a new government, and blamed political opponents for months of political paralysis. Lebanese politicians have been arguing over the structure of a new government since the last one resigned following the devastating explosion at …

The past year has brought immense challenges to all corners of the world, and this is especially true for the 80 million forcibly displaced people around the world. The COVID-19 pandemic has exacerbated the already precarious conditions of refugees, two-thirds of whom come from just five countries: Syria, Venezuela, Afghanistan, South Sudan and Myanmar (1). …

EU threatens Lebanese politicians with sanctions over political crisis BEIRUT – European Union foreign policy chief berates Lebanese politicians for delays in forming new cabinet, warning that the Union may impose sanctions on those behind the stalemate policy in the country affected by the crisis. Josep Borrell makes his comments at the presidential palace near …

File photo: Gebran Bassil, Lebanon’s largest Christian bloc leader, will speak at a parliamentary conference at the UNESCO Palace in Beirut, Lebanon on May 22, 2021. REUTERS / Mohamed Azakir June 18, 2021 John Irish and Robin Emot Paris / Brussels (Reuters) – According to diplomatic documents seen by Reuters, the European Union sanctions standards …

Gebran Bassil, leader of Lebanon’s largest Christian bloc, speaks during a parliamentary meeting at the UNESCO Palace in Beirut, Lebanon, May 22, 2021. REUTERS / Mohamed Azakir PARIS / BRUSSELS, June 18 (Reuters) – The European Union sanctions criteria being prepared for Lebanese politicians are likely corruption, obstructing government-forming efforts, financial mismanagement and violations of …

The path to a full-scale constitutional challenge to Obamacare is more or less closed, but smaller attacks on the law are still expected after the Supreme Court’s 7-2 ruling yesterday to uphold it. “There won’t be a big omnibus challenge to the entire law, but there will always be ongoing litigation regarding the administration and …

Largely stranded in their dollar deposit accounts since late 2019, when the Lebanese pound collapsed and the banking system collapsed amid widespread political protests, some savers are seeing investments in money-driven businesses. ‘export as a way to access hard currency and get something for their “lollars,” the nickname for US dollar-denominated deposits “trapped” in Lebanese …

June 19, 2021 Listen to this story Your browser does not support the item . Enjoy more audio and podcasts on ios or Android. Joe biden and Vladimir Poutine gathered in Geneva for a summit. It lasted less than four hours, but both men described it as constructive. The two sides agreed to fire their …

“We have to get used to it and be convinced that this subsidy from which we have benefited for a year or a year and a half (…) will end,” Lebanese Energy Minister Raymond Ghajar said on Thursday. Lebanon’s energy minister said on Thursday that the country’s oil subsidy was unsustainable and would eventually end. …

As COVID-19 cases in New Hampshire continue to decline, state officials relaxed mask guidelines on Thursday, recommending that anyone without symptoms of the virus be able to dispense with masks in most indoor and outdoor locations. State epidemiologist Dr Benjamin Chan told the state’s weekly press conference that people with compromised immunity should continue to …

Lebanese look for ways to use devalued money Many use ‘trapped dollars’ to pay off outstanding debt Central bank considers measures to reduce liabilities Huge losses in the financial system still untreated BEIRUT, June 17 (Reuters) – Faced with the choice of leaving their savings blocked in the bank or investing them at a huge …

New regulations and tax reporting requirements have been adopted in EU countries Middle Eastern investors investing in real EU assets, such as real estate and infrastructure, need to navigate the new tax standard when considering overseas investments and, in particular, how to organize their investment structures. New regulations and tax reporting requirements have been adopted …

Unfavorable dollar exchange rates mean refugees and poor Lebanese have received less aid, even as prices for basic necessities soared amid an economic crisis * “Staggering” amounts of aid lost for the banks * Refugees and poor Lebanese are the hardest hit * Aid agencies fear potential damage to reputation By Timour Azhari BEIRUT, June …

BEIRUT, Lebanon: The ailing Lebanese pound fell to a new low of 15,300 against the US dollar on the black market, amid continued political uncertainty in the country and worsening economic crisis exacerbated by the coronavirus pandemic. Although officially still valued at 1,515 against the dollar, the Lebanese pound has lost more than 90% of …

Over the past two years, Lebanon has experienced successive crises that have influenced its artistic environment. Yet some cultural centers and galleries have resumed operations after a long hiatus, hosting painting and sculpture exhibitions after a period of forced recession. The factors that paralyzed these centers are many, including the pandemic and the explosion in …

Postwar reconstruction derailed by corrupt elite Remittances had been essential to balance Lebanon’s books The central bank’s “financial engineering” kept the collection going Gulf cut off support as Iran’s influence in Lebanon grows Unlimited spending finally brought the nation to its knees June 17 (Reuters) – Lebanon is grappling with a deep economic crisis after …

The 2021 class of the National Evangelical School of Nabatieh (NESN) is entirely Shia Muslim. While this is certainly not the image of a typical Christian school in the United States, it is hardly an exception in Lebanon, where 35 evangelical schools have an average of two-thirds Muslim students. Located 35 miles south of Beirut, …

FLEMINGTON – The Hunterdon County Commission is not giving up the fight. With just two weeks before the deadline for the state legislature to pass a new budget, Hunterdon County Commissioners Deputy Director John E. Lanza wrote a letter to leaders of the state legislature’s budget committee, saying there is “no excuse” why Trenton cannot …

Bridging the generational gap Civil society initially failed to deal with what we lost when we surrendered our independence to regional warfare. An open warning of Hezbollah’s sensibilities was, in retrospect, misguided. But they are the only group capable of bridging the generational gap. Citizens who have spent years reflecting, writing and giving lectures on …

Twenty-five years ago, on June 25, 1996, a huge truck bomb exploded in the Khobar Towers building complex near Dhahran in Saudi Arabia, home to 2,000 US military personnel. The bomb killed 19 American airmen and injured more than 500 other American and non-American citizens, most of whom were responsible for enforcing Saddam Hussein’s no-fly …

Much of the world seems to have forgotten about Syria’s savage 10-year-old civil war still capable of igniting and wreaking havoc across the Middle East – and Europe. The international appeasement that took hold after the defeat of Isis is misplaced. The same goes for the idea that fragile neighboring states such as Lebanon, Jordan …

Lebanon’s endless political crisis continues. He has not had a government since Prime Minister Hassan Diab resigned last year after the Beirut port explosion. Since then, the country has gone from crisis to crisis, with Hezbollah being the main benefactor of these crises. Lebanese President Michel Aoun met with Saad Hariri, the Prime Minister designate. …

“War was the only life I have known since childhood, and the experience of the left was outside that life and its struggles.” Fadi Bardawil Author of “Revolution and disenchantment: Arab Marxism and the bonds of emancipation”. Bardawil’s education during the Lebanese Civil War (1975-1990) and the development of his political consciousness during the height …

With every major global event, we wonder whether that particular event is going to trigger an economic crisis. In each economic crisis, we often wonder how long its damage will last … and to find answers to these questions, we often go back in history. No one likes economic crises. Nothing about them is fair, …

LEBANON – Terri Dudley, who played a central role in Lebanese politics for more than 50 years, died on Monday. She was 92 years old. Known for both her charm and determination, the Lebanese native served as a city councilor, mayor and state legislator during a term in municipal government that began in 1958. Dudley …