Lebanon Formally Switches To $1=15,000LL

Lebanon may have a brand new official change fee of 15,000 Lebanese kilos per US greenback beginning February 1, as introduced by Central Financial institution Governor Riad Salameh. The brand new fee represents a 90% devaluation from the present official fee of 1,507, which has remained unchanged for 25 years. Nonetheless, this new fee continues […]

What You Ought to Know About The Huge Strike Taking Place In Lebanon Subsequent Week

The Normal Labor Confederation, headed by Bechara Asmar, has known as for a nationwide common strike on Wednesday, February eighth. This strike will contain a number of sectors together with the land transport sector, impartial companies’ unions, governmental hospitals, and academics’ leagues. The announcement got here after a gathering between Asmar and the land transport […]