Bank

A Budget Tainted With Condescension!

The average Lebanese citizen used to earn a modest salary. For the sake of this story, let's assume that this income was a hundred Lebanese pounds. However, it’s important to clarify that here, the pound is a mere fictional currency, as in reality, a hundred lebanese pounds is not a typical salary in a country like Lebanon, where the pound ...

Bank Dollar Rates: LBP 15,000, 25,000 or 30,000?

For those wondering when the bank dollar exchange rate is going to increase, it is becoming increasingly clear that it won't happen anytime soon. It's a complete mystery. The causes are many. The government, the Central Bank of Lebanon (BDL) and the Ministry of Finance continue to pass the blame, leaving depositors frustrated. None of them is ...

Majed Said to TIB: Jericho Encircled, West Bank Besieged

While tensions are rising in the West Bank, the Israeli army has proceeded to encircle the city of Jericho in its entirety and launched operations in several other villages and neighboring refugee camps, according to Majed Said, the France 24 correspondent in Ramallah, West Bank.