Why is Lebanon’s gold reserve so sensitive? Economist Dr. Jad Chaaban explains why central banks worldwide are buying gold, what...
With the country experiencing what was dubbed as the “worst drought on record” and the continuation of a multifaceted socioeconomic...
In a bid to organize humanitarian and development efforts in Lebanon, Lebanon’s Minister of Social Affairs Haneen Sayed and United Nations Resident and Humanitarian Coordinator in Lebanon Imran Riza chaired a meeting on Lebanon’s Response Plan, otherwise known as the LRP, according to LBCI. The meeting was attended by a...
Freedom of Opinion and Expression Coalition in Lebanon held a press conference on Thursdayat Station Beirut in Sin El Fil...
Last week, the United States Administration under President Donald Trump announced global tariff increases, impacting countries from a minimum of...
Yesterday, The Integrated Food Security Phase Classification (IPC) initiative published its acute food insecurity projection update for Lebanon, covering the period between April and September 2024. The IPC, which is considered the most reliable source on food security, estimated that 1.26 million people in Lebanon are expected to face “high...
Lebanon has been going through one of the worst socioeconomic impasses in recent history. The recent Israeli aggression on the...
After an extended period of inactivity and political paralysis, the Lebanese Parliament was back to holding meetings and discussing legislative...
Last week, Prime Minister Najib Mikati warned that by the end of the month, there will be an inability to adequately provide medicines and salaries. Accordingly, eyes are on the new acting Central Bank Governor, Wassim Mansouri, to see the direction he takes in terms of Central Bank and monetary...
With the country entering new levels of its accentuating crisis, Lebanon’s way out depends on the resolution of its current...
The pace of the Lebanese lira’s collapse against the dollar is accelerating, after it reached over 80,000 pounds to the...
The late Nobel Prize-winning economist Milton Friedman once said, “Inflation is just like alcoholism; in both cases, when you start drinking or when you start printing too much money, the good effects come first, and the bad effects only come later.” Since late 2019, the Federal Reserve (or the Fed),...