Central bank governor Riad Salameh, after meeting with the Banking Committee, has decided to cancel the exchange platform as of next week, and accordingly the Banque du Liban will stop selling dollars to merchants and companies.
In response, the Ministry of Finance was reported to be surprised by the decision of the governor to halt the platform (sayrafa) at this particular time, which may cause a sharp rise in the dollar exchange rate.
Fadi Abu Shakra: Liberating the import price of gasoline means putting pressure on the dollar in the parallel market, which will greatly burden the people.
More demand for USD to buy fuel = higher exchange rate = more expensive fuel & goods.
More demand for USD to buy fuel = higher exchange rate = more expensive fuel & goods.
The government commissioner to the military court, Judge Fadi Akiki, gave an order to listen to the testimony of the head of the "Lebanese Forces" party, Samir Geagea on the background of the Tayouneh ambush, following the criminalizing confessions made by the detainees.
In a recent interview, the Russian president offered his condolences over the port explosion again, and showed surprise over the need of sattelite images for investigations into the explosion.
He also offered Russian assistance in the investigation process.
He also offered Russian assistance in the investigation process.
⋯ He also stated that Russia is in contact with all Lebanese political parties, calling for dialogue between all parties and avoiding violence to settle political differences.
He also mentioned possible future Russian intermediary role.
Source: ia.ru/amp/20211021/rassle…
He also mentioned possible future Russian intermediary role.
Source: ia.ru/amp/20211021/rassle…
РИА Новости
Путин пообещал помочь в расследовании взрыва в порту Бейрута
Президент России Владимир Путин, комментируя вопрос содействия РФ в расследовании взрыва в порту Бейрута путем предоставления снимков из космоса, заявил, что он РИА Новости, 21.10.2021
Geagea refused, on live tv, the court order to hear his testimony about the ambush claiming he won't go before Hezbullah's SG goes.
Note: Hezbullah's SG was never summoned or asked to testify in any old or new case unlike Gaegae who was in prison for terrorism and murder.
Note: Hezbullah's SG was never summoned or asked to testify in any old or new case unlike Gaegae who was in prison for terrorism and murder.
Activists are circulating false news about cutting off the broadcast of a local channel in Daheyh, during an interview with Samir Geagea.
MTV's broadcast was cut few hours after the Tayouneh ambush by local cable distributors, last week.
MTV's broadcast was cut few hours after the Tayouneh ambush by local cable distributors, last week.
Israel and Egypt are in talks to build a new land pipeline to boost Israeli gas exports to Egypt. (Bloomberg)
Same gas to be then sold to Lebanon as Egyptian!?
Same gas to be then sold to Lebanon as Egyptian!?
⋯ Update on the clashes in Wadi Jamous - Akkar between two Sunni tribes: The Lebanese army arrested 7 individuals and confiscated dozens of weapons and rockets along with tens of thousands of bullets.
Hebrew Maariv newspaper:
"Next month, the Israeli Home Front command will hold an exercise that simulates Hezbullah's missile strikes on chemical factories in Haifa and the extensive fallout that the missiles will cause."
"Next month, the Israeli Home Front command will hold an exercise that simulates Hezbullah's missile strikes on chemical factories in Haifa and the extensive fallout that the missiles will cause."
⋯ Continues: "The army made a study and analysis between Hezbullah's missiles and defense systems, and found that many of the rockets and missiles would hit their targets without interception."
⋯ Continues: "In recent years, efforts have been made to reduce the risk of installations in Haifa Bay, or to reduce the amount and type of material stored there, but it is still considered a strategic target for Hezbullah, as well as the ports in Haifa and Ashdod."
⋯ Continues: "The main difference between the situation in the Second Lebanon War in 2006 and the situation today is that Hezbullah is gaining accurate missile capabilities and this makes the threat even more important in the upcoming clashes with Hezbullah."