Mohammad Wehbe* Translated by Areej Fatima Al-Husseini On December 31, 2022, the dollar price against the Lebanese pound (lira) was 42000 LBP. However, it has now exceeded 100000 LBP, an increase of more than 138% in 72 days. This might be the highest surge since the national currency’s crash ...
Western countries have made it a norm, if not a policy, to deliberately bypass the Lebanese government institutions when implementing their policies in Lebanon. As Western pressures on Lebanon have increased on issues such as economic reform and the Syrian refugees, efforts have been ramped up to offer an independent ...