Cash

Lebanon’s F&B Boom Masks Illicit-Economy Risks

Salam El Zaatari, 22/11 15:30 - Reading : 6 minute(s)

Lebanon Economy Cash Hezbollah

Lebanon finds itself in a paradox. While its broader economy is collapsing, the food-and-beverage (F&B) sector is showing surprising vitality. It may look like a feel-good tale of resilience, but in fact it reveals one of the greatest structural threats to Lebanon’s recovery: a cash-based economy that undermines transparency, fuels illicit ...

Sheikh Naim’s Clash with the Formal Economy

Johnny Kortbawi, 24/10 15:00 - Reading : 2 minute(s)

Nawaf Salam Banks Banque du Liban Hezbollah Naim Qassem Cash

One of Hezbollah’s most pressing challenges, beyond its ongoing military decline and Israel’s persistent targeting of its depots and stockpiles, is its financial crisis. The depletion of resources has left the group unable to engage with its population as it once did to sustain its alternative economy. A clear example is Sheikh Naim ...

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