Lebanese News and Updates – Telegram
Lebanese News and Updates
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Covering Lebanon and occasionally MENA's conflicts. And currently, the war in Palestine.
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-- A bomb exploded on the entrance of Fransa bank in Sidon city.
-- Drill ship in Block 4 is still working and no results have been released yet, pending the finding and analysis of Total Company.

This comes after some in the political spheres claimed that there was no gas discovered.
-- The government is going to meet on Tuesday to implement the following:

1) Open an investigation in all the bank accounts that transfered their money outside Lebanon.

2) Enforce the retrieving of all stolen money.

3)A law that allows the government to get back the money that was smuggled outside Lebanon.

4) Continue formulating the econimal plan of the government.
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-- Several molotovs were thrown at a bank in Tyre, South Lebanon.
-- In the third-such attempt, the Lebanon Central Bank is setting a ceiling for the Lebanese Pound-USD exchange rate, this time at 3200.

The past two times failed, this time is more aggressive- amending the law itself to set the limit. Can only see this increasing the black market price.
^^ the official rate is 1500. What a circus.
-- Zalka - Jal Al Dib road are now blocked by handful of protesters.
Lebanese exchange rates:

- Central bank: 1507-1515

- Black market: 4300

- Official order for exchange: 3200

- Official exchange for depositors with bank accounts less than 3k$: 2600

- Official rate for electronic transfers: 3600

And many more
-- Al Abda roundabout in Akkar got blocked by the protesters.
-- Jdayta road got blocked by protesters
-- Al Basta Al Tahta road is blocked too.
I guess we are now reversing the work of two months against COVID-19 in a single night.