Economic Crisis
Economic Crisis
This week multiple banks have drastically dropped their lira withdrawal limits, sources say
Subsidies
Importers say they are distributing subsidized drugs, but there is no sign of a promised $180 million BDL payment
Economic Crisis
Lebanon crisis among world’s worst since 1850s: World Bank
Medical Supply Shortages
BDL is expected to pay for some — but not all — subsidized medical supplies on Friday
Inflation
From household equipment to food, inflation remains in triple digits for the 10th month in a row
Financial crisis
A bail-in for Lebanese bank depositors is ‘highly likely,’ S&P says
Financial crisis
Lebanon central bank chief says depositors’ money safe
Financial crisis
BDL announces a new dollar injection mechanism aimed at stabilizing the lira
Electricity
A $10 million band-aid staves off blackout — but for how long?
Economic Crisis
Cocoa and cashew nuts: Lebanon’s long subsidy list is costing it dear
Financial crisis
The central bank has launched its currency exchange platform for money changers
Financial Crime Allegations
Victims of financial collapse in Lebanon resort to the French courts
Financial crisis
Commercial bank depositors will recoup up to $25,000 in cash, BDL says, but offers little explanation of how
Fuel shortages
Delayed payments, panic buying and hoarding lengthen lines at gas stations across the country
Entrepreneurship