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Economy

Lynn Sheikh Moussa

Government rescue plan set in motion

“Lebanese must set aside their differences to tackle the country’s major financial crisis,” said Prime Minister Hassan Diab on Wednesday,...
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Students protest the tuition dollarization in front of the Ministry of Education in Lebanon in early 2019. (Facebook | @madanetwork)
Lynn Sheikh Moussa

University tuition fees susceptible to more increase

Despite not having the same services and quality of education, students are still expected to pay full tuition fees as the economy plummets.
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Clashes between the Lebanese army and protesters in Zouk Mosbeh, Lebanon, one of the many locations where demonstrators are demanding their basic rights as Lebanon’s economy crashes and the price of basic goods rises. (Photo: AP / Bilal Hussein) Tripoli article
Beirut Today

Tripoli mourns death of protester following night of violence and clashes

Lebanon's army used live bullets, rubber rounds, and tear gas to disperse protesters in Tripoli, where banks are being set on fire as the economy crashes.
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Spraying sanitising liquid around a bank in Beirut (Photo: Al-Jazeera via Anwar Amro / AFP) easing lockdown measures in Lebanon article
Lynn Sheikh Moussa

Easing lockdown must be gradual to prevent another outbreak in Lebanon

The low numbers of new COVID-19 cases are a good sign, but our healthcare system cannot handle another wave of infections.
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President Michel Aoun heads a cabinet meeting on April 9, 2020. (Photo: Dalati Nohra/Handout via Reuters) Economic draft plan article
Karim Safieddine

Lebanon’s economic draft plan: A bill for the many?

What answers does the leaked government draft plan provide in the midsts of Lebanon's financial, political, and public health crises?
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Lebanon's Central Bank, closed after the government declared a state of medical emergency in light of COVID-19. (Photo: Al Jazeera via Mohamed Azakir / Reuters) shrinking Lebanon's economy 2020 article
Lynn Sheikh Moussa

Lebanon’s economy to shrink by 12 percent in 2020

The International Monetary Fund (IMF) predicted on Tuesday, April 14 that Lebanon’s economy will shrink by 12 percent in 2020 as the country further plummets into economic collapse. For years, the economy has been suffering under the weight of increasing unemployment rates, lack of economic growth and depletion of essential...
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Global Economy article by Hussein (Source: Google News)
Hossein Cheaito

How COVID-19 is dismantling the world economy, healthcare, and morality

The world’s biggest cities are being vacated, and the global economy is in shock because of the COVID-19 outbreak. How will it recover?
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An empty Hamra Street during the COVID-19 lockdown in Lebanon (Photo: Tariq Keblaoui) | Health pandemic in Lebanon
Dima Farran

How much longer can Lebanon pull through an economic and health pandemic?

Similar to catching COVID-19, losing a job because of the ongoing pandemic could cost thousands of people –and their families– their entire lives.
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Antonia Williams

Amid coronavirus lockdown, Italy faces inklings of unrest

Authorities fear both that organized crime groups will exploit the crisis and that spontaneous revolts will result from growing livelihood concerns.
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A dog wears a mask over its mouth on a street in Beijing on February 13, 2020. Pets article on Animals Lebanon
Lynn Sheikh Moussa

COVID-19: Pets ditched on Beirut streets, animal welfare groups swamped

On misinformation and the economic hardships of both pet owners and animal welfare groups in Lebanon.
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Lynn Sheikh Moussa

Lebanese doctor requests MPs and ministers donate salaries to combat coronavirus

Leading Dr. Nidal Mawla in Lebanon’s coronavirus response is requesting MPs and ministers to donate a month’s worth of salary...
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“Down with the rule of the bank” reads this graffiti on the door of Bankmed, one of the top five banks in Lebanon. A default deals a major blow to the banking system in Lebanon. (AP / Financial Times)
Lynn Sheikh Moussa

Lebanon’s default: What it means, what’s next, and who’s to blame

By defaulting, the new Lebanese government is openly declaring the country's crisis to investors and countries worldwide.
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