Amid escalating security tensions with Israel, Lebanon's precarious economy is showing immediate signs of distress. Flight adjustments by the national airline and volatile fuel prices reveal the deep-seated conflict between the everyday economic needs of the populace and the disruptive dynamics of a war economy.
Read more →The Banque du Liban (BDL) launched a new online platform for currency exchange in an effort to stabilize the Lebanese pound. The effectiveness of the platform remains to be seen.
Read more →Severe fuel shortages continue to disrupt essential services across Lebanon, impacting hospitals, bakeries, and transportation. Long queues at gas stations have become a common sight.
Read more →An international donor conference pledged millions of dollars in aid to Lebanon to help address the humanitarian crisis. The aid is conditional on the implementation of reforms.
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