Cost

Staying Warm in Lebanon: The Cost of Heating Amid Storm 'Adam'

Rayan Chami, 22/02 15:40 - Reading : 3 minute(s)

Storm Heating Cost

Lebanon is experiencing severe weather as Storm “Adam,” a polar-origin low-pressure system, brings heavy rainfall, strong winds and widespread snowfall. The Lebanese Meteorological Service warns that while the storm began Wednesday night, it will intensify over the weekend as the coldest air mass arrives on Saturday and Sunday. Snow is ...

The Hezbollah-Israel War: A Blow to the Lebanese Economy

Johnny Ftouhi, 2024-11-05 14:35 - Reading : 6 minute(s)

Central Bank of Lebanon Economic losses war cost

Lebanon is undergoing an unprecedented economic collapse, worsened by the recent war, which deepened the financial crisis that began in 2019 when the state declared bankruptcy, and banks, along with the Central Bank (BDL), faltered. The financial sector’s collapse triggered a widespread crisis, affecting every facet of economic and daily life. ...

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