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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⋯ The two soldiers have been identified as Wassim Youssef and Hassan Fattah.
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Palestine: In the past few hours, the Israeli army murdered Muhammad Samer Hoshieh and Fouad Muhammad Abed, in Kafr Dan, Jenin.
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Lebanese Maronite Patriarch Becharra al-Rahi met today a delegation from Hezbullah, to commemorate the holidays.
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US F-15 fighter jets arrived in Israel today at the Nevatim Airbase, in preparation for a joint drill simulating airstrikes against Hezbullah in Lebanon and Iran.
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Notable Israeli UAV activity over Beirut.
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The Lebanese army busted an attempt to smuggle 255 kg of Hash and 400,000 pills of captagon between Lebanon and Syria in Arsal village, Northern Lebanon.
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Just three days in 2023, the Israeli army has killed 6 Syrians and 3 Palestinians.

The Palestinians include a 15 year-old-boy.
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Despite threats from Hamas, the Israeli Minister of National Security, Itamar Bin-Gvir stormed Al-Aqsa Mosque this morning.

Israel is trying to change the status quo, and give Jews equal rights to access the mosque as Muslims through giving each specific time.
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Hebrew media: An Israeli soldier was killed last night at the Anatot base near Jerusalem by friendly fire.
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On this day in 2020, the US military, at orders from Israel, murdered IRGC Quds Force commander Qassem Soleimani and PMF commander Abu Mahdi al-Muhandis in Baghdad.

8 other Iranians and Iraqis were killed alongside them.
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Khaldeh road is blocked in both directions in protest after the arrest of a wanted individual by the Lebanese Army.
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The Lebanese ministry of foreign affairs condemned Israeli Minister Itamar Bin-Gvir for trespassing earlier today in Al-Aqsa compound.

Reportedly, he's the first minister in 23 years to do so.
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The speech of the Secretary-General of Hezbollah, Sayyed Hassan Nasrallah, started on the occasion of the anniversary of the martyrdom of Hajj Qassem Soleimani and Hajj Abu Mahdi Al-Muhandis.

His voice is raspy. He mentioned his flu-related sickness that occurs yearly.
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Yesterday, 380 million USD were bought from banks at an exchange rate of 38,000 LBP/USD.

The central bank is trying to sell USD to people, to reduce the black market exchange rate.

This measure has reduced it from 47,000 to 42,000 LBP.
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⋯ Despite that, the bulk of the USD is being bought by the rich or large businesses, which explains the 380 million, a number much higher than what Sayrafa recorded in the past months.

About 12 billion USD has been injected into the market, yet failed to stabilise the currency.
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⋯ With the further depletion of USD reserves, and the continuous printing of Lebanese pounds to pay government expenses, Sayrafa is not expected to last long in terms of unlimited purchase of USD.

Exchange rates are expected to sharply rise shortly after it's limited again.
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Lebanese News and Updates
⋯ With the further depletion of USD reserves, and the continuous printing of Lebanese pounds to pay government expenses, Sayrafa is not expected to last long in terms of unlimited purchase of USD. Exchange rates are expected to sharply rise shortly after…
The rich are getting rid of their worthless Lebanese currency to get USD, and increasing wealth.

For the 99%, they are buying USD to sell it, for extra income.

If you buy $1,000 at a rate of 38,000. That's 38 million LBP.

You then sell it for 42 m, profiting 4 million.
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