In November 2023, four years after the start of Lebanon’s severe financial crisis, Harvard Growth Lab suggested that Lebanon consider adopting full dollarization among other economic and financial restructuring and…
Crisis
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Unfortunately, mental healthcare has never been a priority for Lebanon’s public or private sectors. The responsibility for this essential service has largely been outsourced to benevolent organizations and funded through…
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Language becomes a tool of fools when it simplifies complex systems and developments into slogans such as democracy and revolution. One blatant case of language confusion that today dogs many…
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AnalysisBanking & FinanceSpecial Report
The Local Bitcoin Market and the Crisis
by Sasha Matarby Sasha MatarLebanon’s banking crisis is yet to offer depositors any cushion to soften the blow of capital control restrictions, a crumbling currency, and an uncertain future. As depositors become well versed…
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In the most optimistic view (please note: a rarer commodity than real money), there will be a future in Lebanon that is powered up by utility-scale wind farms and solar…
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In February 2018, the Ministry of Energy and Water, representing the Government of Lebanon, had signed Power Purchasing Agreements with three wind farm developers for the development, installation, and operation…
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Over the last couple of years, Lebanon has become most notorious for its electricity sector. The country has struggled to keep the lights on since the civil war, and has…
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Although waste has started to pile up again on the streets due to the fuel crisis and the ensuing logistic difficulties in collection, recycling companies, environmental and activist organizations, including…
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The Rassemblement de Dirigeants et Chefs d’entreprises Libanais (RDCL) is one of several assemblies for corporate leaders of Lebanon. On June 30, 2021 the RDCL elected a new board, led…
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Lebanon, the country once known as “The Switzerland of the Middle East” for being a prosperous banking hub with the only secrecy laws in the region, is now in the…