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Lebanon Economy


Defense Minister Benny Gantz offered to help Lebanon on Sunday as neighbor Israel continues to suffer from a worsening economic crisis. “As an Israeli, as a Jew and as a human being, it hurts to see the images of hungry people on the streets of Lebanon,” Gantz wrote on Twitter. “Israel has offered aid to …

The Lebanese are grappling with a series of shortages, from gasoline to medicine, as the interim government discusses the removal of subsidies. Lebanon’s drug importers have said they are running out of hundreds of essential drugs and have warned of further shortages if the cash-strapped central bank does not release the funds. The Lebanese grapple …

BEIRUT – Lebanon’s energy ministry last week hiked gasoline and fuel prices by 35%, a move that could lead to a sharp rise in the prices of most commodities in the affected country. crisis. The hike came days after Acting Prime Minister Hassan Diab approved financing of fuel imports at a rate above the official …

If we don’t believe in change, we will never see it. One of the main obstacles to the revolutionary transformations necessary for Lebanon’s survival as a state is cynicism that perceives real change as impossible – that corrupt elites will always cling to power and that nothing can be done against it. Hezbollah’s treacherous program. …

Seen from the sky, Lebanon looks like a tourist paradise. At street level, fuel lines around the block, blackouts, growing poverty and outbursts of anger point to a country falling apart, 20 months into an economic crisis that feuding elites are not not willing to resolve. From above, the azure Mediterranean gives way to the …

Another week passed and Friday arrived. And no one can say this week of news has been slow. As millions of people enjoy post-pandemic life in restaurants, bars and workout classes, the deadly Delta variant of the coronavirus which is now spreading in parts of the world threatens to bring back the restrictions, as the …

More than 30% of families in Lebanon in March had at least one child who skipped a meal or went to bed hungry, according to a new report from UNICEF. The Lebanon: The Future of Children at Play report, released this week, examined the impact of the Lebanese economic crisis on children. The report also …

In my previous article, I discussed the risk of Iraq and Syria entering a state of perpetual violence provoked by the militias, to sustain their presence and maintain their profits. High unemployment rates and the growing militarization of governance and the economy have made the formation, membership and maintenance of militias one of the few …

On a piece of land behind his modest hut, Salim Alazwak inspects his fields of roses: “Some are for making jam, others are for decoration,” he says, pointing to the yellow flowers. “I don’t use any chemicals”. Originally from Damascus, Syria, Salim fled to Lebanon at the start of the civil war in 2011. He …

BEIRUT: With soaring prices in Lebanon in crisis, Sherine can no longer afford to buy sanitary napkins. Instead, every month she is forced to make her own using baby diapers or even rags. “With all the price hikes and the frustration of not being able to handle it, I’d rather stop my period altogether,” the …