When a country’s living conditions deteriorate, poverty takes its middle classes by storm, dropping them in a quagmire of needs...
On rent laws, investments, and gentrification in Lebanon’s capital.
The road to Lebanon’s economic recovery is long and winding, blocked by people with power who are protecting their own interests.
And the fate of depositors' savings.
“If the accident doesn’t kill us, the road will,” said Lena Gebrane, VP of Kunhadi.
The start of July marked the rise of the telecoms prices of “Alfa” and “Touch,” at a time when private...
The Association of Banks in Lebanon (ABL) announced in a statement Friday that the banking sector would go on strike...
In a damning report released Wednesday, the World Bank slammed Lebanon’s post-civil war public finance system for its long-term departure from orderly and disciplined fiscal policy; missed opportunities to protect most depositors, and “a collapse in already weakened basic public services.” The IMF report added that the ongoing near collapse...
Economic risk expert Dr. Mohammad Fheili breaks down the battle with banks and bank secrecy in Lebanon.
Political leaders in Lebanon have shown more propensity to blame marginalized communities than the system in place for the crisis.
From crossing cheese off their shopping lists to searching for stale bread in dumpsters, eating habits in Lebanon have significantly changed.