Tag: economic crisis
France threatens again to sanction Lebanese leaders
French diplomatic sources indicate that a list of Lebanese personalities accused of blocking the formation of the next government could soon be published. These...
Lebanon / Government: Berri’s initiative still on the table
Speaker Nabih Berri's initiative to form a new government remains on the table.
The Amal movement and Hezbollah met on Monday to call for...
46 years after the start of the civil war, Lebanon still in crisis
These 46th commemorations of the beginning of the civil war are in the image of Lebanon itself, a country in permanent crisis that it...
Lebanon / Crisis: GDP expected to decline by 9.5% in 2021 (World Bank)
A study published by the World Bank estimates that Lebanon's gross domestic product is expected to decline by 9.5% in 2021. This study takes...
The corrupt fear the forensic audit (Aoun)
The President of the Republic indirectly responded to the Maronite Patriarch Béchara Boutros Rahi who had linked the forensic audit of the Bank of...
Many uncertainties surrounding an economic recovery in Lebanon, says IMF
In a report released on Sunday, the IMF does not predict any economic recovery in Lebanon before 2022 according to published projections. The situation...
Government: religious authorities go on the offensive
This weekend was marked by relative calm in political rhetoric and an increase in the tone of religious leaders on the issue of government...
Banque du Liban indicates that it has answered questions asked by Alvarez & Marsal
The Banque du Liban said it had handed over to the government official the questions asked in the context of the forensic audit procedure...
ABL responds to Aoun: banks are not the source of bad policies
The Association of Banks in Lebanon responded on Wednesday to the President of the Republic, believing that the latter is leading a campaign against...
France and the European Union plan to sanction Lebanese politicians
France and the European Union would work to put in place sanctions including freezes of financial assets and travel bans against political figures to...
Aoun blames the banking party for the paralysis of the forensic audit
The President of the Republic and the Prime Minister-designate have not yet agreed on the composition of the government. A few days ago, it...
Lebanon / Crisis: Inflation of 4.59% during the month of January
The inflation rate reached 4.59% at least in January, the central statistics department said. This increase has been uneven, with inflation of only 2.75%...
Berri’s initiative, still on the table
Speaker Nabih Berri's initiative to form a new government remains on the table, sources close to him tell the Asharq al-Awsat newspaper.
If the proposals...
General Aoun, time to take exceptional action in exceptional circumstances
Mr. President of the Republic,
Your Excellency, General Michel Aoun,
Faced with the current crisis in Lebanon, exceptional measures must be taken.
In 2017,...
