In May, the Lebanese pound fell to 35,600 against the US dollar.
The simmering economic crisis became worse on Wednesday when there was no wheat flour in the shops and no bread in the bakeries. Through the hot day, people stood in queues to buy bread and there was not enough bread available for all. Lebanese Economy Minister Amin Salam said, “Around 49,000 tonnes of
Lebanese greeted the May15th parliamentary election results with “a little satisfaction and a little sadness,” a veteran observer of the scene stated. Lebanese traditionalists were satisfied that the competing core blocks retained their strength but saddened
The trends in Lebanese elections held on Sunday have thrown up an interesting outcome. The Hezbollah, the influential Shia formation in Lebanese politics, has lost its majority, which it had gained in the 2018 election. This should not come as a surprise
A referendum on a constitutional provision to recognise the Indigenous people in Australia seems to be facing rough weather despite it being passed in the House of Representatives, the lower House. The referendum is to be held later in the year. An opinion poll showed that about 46 per cent said ‘yes’ to the move, and 43 per cent
In his first week on the campaign trail as a presidential candidate, Florida Gov. Ron DeSantis repeatedly hit his chief rival, Donald Trump, from the right. “This is a different guy than 2015, 2016,” DeSantis told a conservative radio host before slamming the bipartisan criminal justice reform legislation Trump championed as
Elon Musk’s Neuralink received approval last month from the Food and Drug Administration to conduct human clinical trials, which one former FDA official called “really a big deal.” I do not disagree, but I am skeptical that this technology will “change everything.” Not every profound technological advance has broad social and economic
Rishi Sunak is blocking the release of WhatsApp messages to the Covid inquiry because he fears they could show his plots against Boris Johnson, according to allies of the former prime minister. The claims — rejected as “total nonsense” by the Sunak camp — come as Johnson was warned he could lose taxpayer-funded legal support