People queue to buy bread outside a bakery in Beirut, Lebanon. Reuters
Lebanon’s plight is not just piteous but shocking, to say the least. The reported wrangling among the politicians has dealt a body blow to the economy, with the currency losing a disastrous 90 per cent of its value and inflation spiralling sky-high.
Lebanon is facing an unprecedented crisis. The economy has sunk to its lowest. The Lebanese lira is going for 3,900 for a US dollar. In the black market it has reached the absurdly phenomenal level of 18,000 Lebanese lira for a US dollar. The World Bank has described it as one
Lebanon’s acute financial morass is hurtling the country towards perdition. The choice is now up to its leaders to decide whether to come to a workable solution or entertain more chaos and insecurity. Fuel paucity has thrown essential services
Agreed, the fabric of sorry isn’t curative in character, but the word is invaluable because it is an unquestionable darn. True, sorry can’t undo losses, but it can make them bearable. Or swallowable.
In the literary world, Jane Austen is nothing less of a rock star. Known for her six major novels written at end of the 18th century, they have transcended time and culture
Two highly important reports issued last week have countered the Western narrative on the Ukraine war and could contribute to the push-back against NATO’s proxy campaign against Russia.