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Economy

Lynn Sheikh Moussa

What we know so far about the $556 million in aid for Lebanon’s poorest

Parliament approved over half a billion dollars in cash assistance on Wednesday to help over 500,000 of Lebanon’s poorest families...
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Lynn Sheikh Moussa

UNICEF: Children in Lebanon “bearing the brunt” of the crisis

"With no improvement in sight, more children than ever before are going to bed hungry in Lebanon."
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Hanin Haidar Ahmad

Espace Fann: A Beirut art space helping artists become sustainable

Espace Fann was envisioned as a space that supports local artists and provides them with the tools to make a living out of their work.
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Stack of pita bread superimposed against a green background
Lynn Sheikh Moussa

Lebanon’s bread prices increase for fifth time in a year

The ending of Central Bank’s sugar subsidies caused the latest hike in bread prices, according to the Ministry of Economy and Trade.
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Cars line up outside of an IPT gas station in Lebanon as they wait for their turn to fill up on fuel
Lynn Sheikh Moussa

Energy Minister: Stop using cars if you can’t afford unsubsidized fuel

Caretaker Energy Minister Raymond Ghajar warned that Lebanon will soon lift subsidies on fuel as foreign currency reserves run low.
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Laudy Issa

20 tonnes of thrown milk expired before 2020, says distributor

Circulating pictures incited rage online, as the milk was believed to have been hidden to be sold at a higher price when subsidies lift.
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Lynn Sheikh Moussa

Fuel Distributors’ Syndicate: Fuel being distributed to gas stations today

Fuel distributors are meeting to "discuss solutions to the fuel crisis," which has citizens lining up at gas stations for up to 3 hours.
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Lynn Sheikh Moussa

Lebanon in crisis as fate of subsidies questioned

Queues at gas stations in Lebanon have become massive, with wait times ranging from 45 minutes to 3 hours.
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Lynn Sheikh Moussa

BDL issues new circular: Banks to repay depositors in dollars

The Lebanese Central Bank's Circular No. 158, effective on June 30, will partially compensate depositors for their dollar deposits.
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Karem Monzer

Lebanon’s electricity crisis is largely political

"I have a broken generator over there and I've left it. I can no longer fix it. It would cost me LL 40 million," says one generator owner.
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Stack of dollars against a red background
Lynn Sheikh Moussa

Capital control law finalized without financial data

The draft capital control law was finalized nearly a year and a half after the start of the country’s worst financial and economic crisis
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Illustration showing various contraceptive methods laid out on a table
Lynn Sheikh Moussa

Where did all the contraceptives in Lebanon go?

On the shortage of medicine in Lebanon, an inaccessible healthcare system, and healthy conversations on contraceptives and sexual health.
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