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Ogero threatens banks with reprisals if his employees do not benefit from circular 161

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Ogero director Imad Kredieh has threatened the banks with reprisals if his employees do not benefit from Circular 161. He also denounced the scenes...
The headquarters of the Association of Banks of Lebanon after the explosion of the Port of Beirut. Photo Credit: Libnanews.com

Lebanese banks – already insolvent – refuse to repatriate the sums of their leaders...

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If there were any doubts, Lebanese banks threaten to close their curtains, according to a press release from the Association of Banks in Lebanon,...
The headquarters of the World Bank. Photo Source: Wikipedia

Lebanon / Crisis: World Bank grants $ 37 million to help teachers

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The World Bank has indicated that it is allocating $ 37 million to help teachers in public schools. This sum would come from the...

Shortage of bread to be expected after the freeze of payments from the Banque...

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The president of the bakers' union of North Lebanon Tarek el Mir announced the imminent shortage of flour after exhaustion of current stocks due...

Massive arrival in Lebanon of people infected with the new omicron variant (Medical source)

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From a medical source, it is indicated that around a hundred people infected with the Omicron variant of covid19 arrive in Lebanon daily via...

91 planes expected at Beirut International Airport this Thursday

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Public Works and Transport Minister Ali Hamieh announced that 91 planes will arrive at Beirut International Airport today. On board, specifies the minister, expatriates from...

Expected sharp rise in Internet subscription prices for businesses

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The prices of Internet subscriptions to businesses are expected to rise sharply after the publication of an agreement between the various Internet service providers....

While the Banque du Liban imposes Sayrafa, it also helps to degrade the parity...

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While the first Lebanese banks have started the application of circular 161 of the Banque du Liban allowing the conversion of salaries into dollars...

Lebanon: 12 to 15 billion dollars needed to start the economic recovery (Riad Salamé)

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In a dispatch published by AFP, the controversial governor of the Banque du Liban Riad Salamé estimated that 12 to 15 billion dollars in...
The siege of the Grand Serail before the explosion of the Port of Beirut.

Mikati supports justice and continues efforts to reactivate his government

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After rumors of his possible resignation within 24 hours, the office of Prime Minister Najib Mikati indicates that the latter is continuing his efforts...

Sayrafa unreliable, says brokerage union

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The money changers' union has indicated that its members will not respect the latest directive from the Banque du Liban requiring them to respect...

Lebanon: 11% economic recession in 2021

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The economic recession reached 11% in 2021 against 25% in 2020, indicates the latest report from the Audi bank, a ratio which suggests that...
The Presidential Palace of Baabda. Photo Source: Facebook

No compromise at the expense of the investigation led by judge Tarek Bitar (Sources...

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No compromise will be made to dismiss Judge Tarek Bitar in charge of the investigation into the explosion of the Port of Beirut, indicate...

Lebanon: Still no solution for resuming government meetings

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No solution has yet been found to allow the resumption of the Mikati III government meetings, while the president of the chamber Nabih Berri...