This is Beirut, 21/05 10:20 - Reading : 3 minute(s)
Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears. While safe haven gold pushed almost two percent higher, the news from CNN appeared to be having little detrimental ...
This is Beirut, 28/04 15:55 - Reading : 1 minute(s)
dollar Hani Bohsali Food Importers' Union Lebanon Imports prices
As global trade tensions between the United States and China continue to disrupt international markets, the president of the Lebanese Food Importers’ Union, Hani Bohsali, sought on Monday to reassure Lebanese consumers about the stability of food prices. In a statement, Bohsali confirmed that food import prices to Lebanon remain stable despite ...
Liliane Mokbel, 2024-12-28 12:00 - Reading : less than a minute
Banks prices inflation crisis world bank
In Lebanon, prices in dollars rose by 4.9% between September 2019 and September 2024, according to the World Bank. Meanwhile, the Central Directorate of Statistics reports a staggering 5970% increase in prices in Lebanese pounds over the same period.
2024-10-11 16:33 - Reading : 2 minute(s)
Over a million Lebanese citizens have been forced to leave their homes due to the escalating Israeli bombardments, seeking refuge in safer regions. This phenomenon has led to a significant surge in real estate prices in areas that remain unaffected by the conflict between Hezbollah and Israel. Several factors have contributed to this increase, ...
2024-10-09 19:51 - Reading : 1 minute(s)
lebanon crisis war prices food
Nabil Fahed, president of the Supermarket Owners’ Union, revealed that the non-essential commercial sector, meaning non-food-related businesses, is operating at only 5% of its pre-war capacity, experiencing a 95% drop. Additionally, it is facing various challenges, according to him. The closure of the Masnaa border crossing, which connects to ...