lebanon

Public Finances Recovering, but Stability Remains Fragile

The rebound in Lebanese state deposits at the central bank (BDL), estimated at nearly $800 million, marks a rare financial upswing amid the prolonged crisis that began in 2019. It is a welcome breath of fresh air, but still far from a genuine structural recovery of public finances. Above all, this renewed momentum reflects the early stages of a ...

Bsat: IMF Seeks to Impose Losses on Banks... Say Goodbye to Deposits!

Lebanese Economy and Trade Minister Amer Bsat made several key statements during his appearance on the television program “Sar El Waet.” He addressed multiple sensitive issues, including the financial-gap law, bank restructuring, and negotiations with the International Monetary Fund (IMF). Bsat emphasized that it is not possible to commit to ...

When Samir Hammoud Sacrifices Depositors to Please the IMF

Negotiation skills refer to the capacities and methods used by an individual when engaging in discussions with another party in order to reach an agreement that satisfies both sides, without sacrificing the rights or interests of either. Key negotiation skills include planning, managing expectations, persuasion, problem-solving, decision-making, ...

Boukra Nour: Healing the Future, Training Adults, Rebuilding Hope

A modest room, chairs in a circle, guided breathing. At the end of the workshop, a middle-school girl scribbles “I feel lighter” on a sticky note. An ordinary scene in a pilot center of Boukra Nour, an NGO recently founded by Lea Jabre, Georges Debbas, and Me Nada Abdelsater. Their challenge: help children and adolescents reweave emotional ...

WASL: Riyadi Launches its Title Defense Without Fireworks

The film of the game Riyadi lived a real first, with highs, air pockets, and a money-time to manage under pressure. With 6'23 left, James Justice Jr. (37 points, 6/11 from three, 6 rebounds) puts Al Wahda ahead 71–69 on the line. Immediate answer from the hosts: Perrin Buford and Ivan Buva chain together and sign a 7–0 run to turn the tables ...

New U.S. Sanctions Target Hezbollah Financial Intermediaries

The U.S. Department of the Treasury announced on Thursday new sanctions against several individuals accused of transferring tens of millions of dollars from Iran to Hezbollah in 2025 through Lebanese money exchange houses. According to the Treasury, these networks exploit Lebanon’s largely cash-based and informal financial system to fund the ...

Cabinet Approves Electoral Law Amendment and Praises Army Plan

The Council of Ministers decided to transmit to Parliament a bill bearing the status of double urgency, aimed at suspending, for one time only, the implementation of Article 112, in accordance with the formula adopted in 2022. This measure will allow Lebanese expatriates to vote for all 128 members of Parliament in the 2026 elections, without ...

Writing Off Banks’ Capital Wipes Out Deposits

The Governor of the Central Bank of Lebanon, Karim Souhaid, clarified the situation by declaring that Lebanon’s crisis is not purely a financial one but rather a systemic crisis in which the banking sector has become a victim. This is what Souhaid stated clearly during the parliamentary session dedicated to discussing the 2025 budget draft, ...

Israel Launches Series of Raids in South Lebanon Following Warnings

Tensions rose sharply in southern Lebanon on Thursday as the Israeli army launched a series of air raids hitting alleged Hezbollah targets in several villages. In the late afternoon, the town of Kfardunin (Bint Jbeil) was targeted after the Israeli army issued a warning to residents located near the building that was hit, located about ten meters ...

Closed Again: Jeita Grotto, a Victim of a Failing State

Jeita Grotto is temporarily closed. This was confirmed Thursday morning by Tourism Minister Laura Lahoud. Lebanon’s iconic karstic wonder is shutting its doors for the second time in less than a year. The first closure came after the death of Mapas-Lebanon CEO Nabil Haddad in November 2024, leaving the site without an official manager for eight ...

Lebanon Faces ‘Environmental Disaster’ From Syrian Refugee Camps

Lebanon launched the eighth wave of voluntary returns of displaced Syrians on Thursday morning, with 448 refugees departing from the Rachid Karami International Fair in Tripoli toward the Al-Abbudieh border crossing in Akkar. The returnees were transported in five groups aboard 14 buses and 14 trucks, as part of an organized repatriation program ...

The IMF and Lebanon: Debts? Which Debts?

When it comes to the IMF, one thing stands out above all: a consistent pattern of bad advice. Governments change, wars erupt, and yet this venerable institution remains glued to its Excel spreadsheets, always heeded by Lebanese ministers, especially the finance minister. The International Monetary Fund, the self-proclaimed savior of struggling ...