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Lebanon Economy


Sky News released this video clip, titled “Inside one of Lebanon’s troubled hospitals” – below is their description. Doctors are struggling to meet demand for drugs in Beirut’s cancer wards as the economic consequences for Lebanon continue to worsen. The World Health Organization has again warned that hospitals are only operating at 50% of capacity …

RAMALLAH, Saturday, September 18, 2021 (WAFA) – The Minister of Labor of Lebanon’s new government, Mustafa Bayram, said today that he supports changing laws that discriminate against Palestinian refugees living in his country. He told Palestine TV that he would do everything possible to ensure that the Palestinian people do not remain subjected to injustice …

IMF spokesman Gerry Rice said Thursday that there had been courtesy calls with members of the new government and that the Fund was ready to engage in the period ahead. Talks between the previous government and the IMF collapsed last year. The World Bank says Lebanon’s economic crisis is one of the worst on record. …

The lingering economic crisis in Lebanon threatens to undo decades of progress in the well-being of the population, the WHO chief said on Friday, adding that international aid was urgently needed to deal with the ” dire situation ”. Speaking during his visit to the Middle Eastern country, Tedros Adhanom Ghebreyesus highlighted the crisis in …

In his first interview with an international media outlet since the formation of a government a week ago, Mikati admitted that some Lebanese would find it difficult to trust him and his government after so many politicians failed them in the pass. But, he told CNN, it is “time to have a government” to make …

Lebanon resumes a long-awaited forensic audit to shed light on the financial disaster that plunged the country into crippling economic collapse. Lebanese President Michel Aoun signed a decree on September 1, 2021, to allocate 4.9 billion Lebanese pounds (2.7 million euros, $ 3.2 million) to the global professional services firm Alvarez & Marsal (A&M ) …

The judge investigating the devastating explosion at the Port of Beirut last year issued an arrest warrant for a former minister after he failed to appear for questioning, according to a court source. “Judge Tareq Bitar has issued an arrest warrant in absentia against former Minister of Public Works and Transport Youssef Fenianos,” the source …

Iran has a target in Lebanon and that is to send tankers with fuel to Syria which will help make Lebanon less dependent on the West. Like many Iranian policies, such as uranium enrichment, the current policy is more complex than the Western media portrayed. Iran likes to play foreign relations with a mixture of …

Four Arab countries agreed on a roadmap to supply Egyptian natural gas to Lebanon via Jordan and Syria at a ministerial meeting in Amman on September 8. Syrian territory. The ministerial meeting was attended by Jordanian Minister of Energy and Mineral Resources Hala Zawati, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla, Syrian …

BEIRUT – I never thought I would live to the end of the world. But that is exactly what we are experiencing today in Lebanon. The end of a whole way of life. I’ve read the headlines on Us, and they’re a list of facts and figures. The currency has lost more than 90% of …