Central Bank's final-straw tactic is to sell unlimited dollars
Yesterday, 21 March, with approval of the caretaker-prime minister, Central Banker Riad Salameh has begun selling unlimited amounts of US dollars in a bid to halt the spiralling devaluation of the Lebanese pound (see graph).
As reported by Reuters, when the crisis began (in late 2019), Lebanon had $30 billion in foreign currency reserves. In February 2023, Salameh said that Lebanon “still” had about $10 billion.
While the end is nearing, Lebanese politicians are simply counting on the IMF $3 billion aid package that was signed last year in a preliminary deal. One of the steps the IMF requires is to unify the different exchange rates. Yesterday, Salameh set a new rate for the Sayrafa exchange platform, at 90,000 LBP/USD. On 1 March, it was 70,000.
Yesterday, 21 March, with approval of the caretaker-prime minister, Central Banker Riad Salameh has begun selling unlimited amounts of US dollars in a bid to halt the spiralling devaluation of the Lebanese pound (see graph).
As reported by Reuters, when the crisis began (in late 2019), Lebanon had $30 billion in foreign currency reserves. In February 2023, Salameh said that Lebanon “still” had about $10 billion.
While the end is nearing, Lebanese politicians are simply counting on the IMF $3 billion aid package that was signed last year in a preliminary deal. One of the steps the IMF requires is to unify the different exchange rates. Yesterday, Salameh set a new rate for the Sayrafa exchange platform, at 90,000 LBP/USD. On 1 March, it was 70,000.
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Lebanese News and Updates
Remains of the Israeli soldier's boot were found. The Hebrew letters translate to IDF. He was allegedly seriously wounded in the landmine explosion on the border yesterday.
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Hezbullah's Military Media publishes footage of the incident yesterday, during which several IDF soldiers were injured in a landmine explosion on the border near Aita Al-Shaab.
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Lebanese News and Updates
IDF Army Radio: The attacker who crossed the border from Lebanon to Israel to carry out the bombing in Megiddo, crossed the border using a ladder that he climbed [not a tunnel]. It is increasingly estimated that Hezbollah helped him.
💬 Hezbollah SG Hassan Nasrallah, at a ceremony dedicated to the late Hajj Hussein al-Shami today:
“The [Megiddo] operation confused the enemy at all levels. Many commented on Hezbollah's silence. Hezbollah's silence is part of the psychological media warfare with Israel. It is not our responsibility to answer what confuses the enemy, and sometimes our answer is in not commenting on the incident...
“The enemy threatens that if it finds who is responsible, it will do such and such. To the enemy, go tile the sea and do what you want. Israelis are correct to estimate that if Hezbollah is in charge of the operation, it is not afraid to go into the battle.
“Any Zionist aggression, whether military or security, in any area, that affects any person, whether he is Lebanese, Palestinian or of another nationality, the resistance will definitely and quickly respond to it.”
“The [Megiddo] operation confused the enemy at all levels. Many commented on Hezbollah's silence. Hezbollah's silence is part of the psychological media warfare with Israel. It is not our responsibility to answer what confuses the enemy, and sometimes our answer is in not commenting on the incident...
“The enemy threatens that if it finds who is responsible, it will do such and such. To the enemy, go tile the sea and do what you want. Israelis are correct to estimate that if Hezbollah is in charge of the operation, it is not afraid to go into the battle.
“Any Zionist aggression, whether military or security, in any area, that affects any person, whether he is Lebanese, Palestinian or of another nationality, the resistance will definitely and quickly respond to it.”
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🌙 From Bint Jbeil in southern Lebanon, and the Grand Mosque decorated for Ramadan.
By @BintJbeilNews
By @BintJbeilNews
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After exceptional approval from PM Najib Mikati, the Secretary-General of Council of Ministers Judge Mahmoud Makiya issued a decision to postpone the switch to Daylight Savings Time this year.
DST will begin on April 21 as opposed to March 26 this year. The decision will accommodate Muslims during the month of Ramadan.
DST will begin on April 21 as opposed to March 26 this year. The decision will accommodate Muslims during the month of Ramadan.
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⋯ Earlier today, PM Mikati and Speaker Berri discussed the issue of postponing Daylight Saving Time.
Berri: “From now until the end of Ramadan, my brother, let it go for them.”
Berri: “From now until the end of Ramadan, my brother, let it go for them.”
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⋯ For those living in Lebanon, keep in mind that your devices are still programmed to switch to DST on 26 March. Timezone data is changed through software updates on most systems (including Windows). Because of this late announcement, you may be forced to manually adjust the time on your devices to avoid confusion.
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Forwarded from /CIG/ Telegram | Counter Intelligence Global
🇷🇺🇺🇸🇸🇾 Armed Russian jets have flown over a U.S. military garrison in Syria nearly every day in March, violating a four-year-old agreement between the U.S. and Russia and risking escalation, according to the U.S. general in charge of air operations in the region.
📎 NBC News
📎 NBC News
NBC News
Russian jets have flown over U.S. base in Syria nearly every day in March
Lt. Gen. Alexus Grynkewich told NBC News that Russian jets have violated the airspace of At Tanf Garrison roughly 25 times this month, including Wednesday.
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Syrian observer SAM Syria is speculating a large-scale IDF attack on Syrian airports.
“The Israeli enemy's attacks on Aleppo airport [on 7 and 22 March] are warning messages similar to those we saw in the attacks on Damascus International Airport in April and May 2022, which preceded a major aggression on Damascus International Airport.”
The recent attacks “did not succeed in disrupting Aleppo airport for more than 24 to 48 hours”. The repair operations took place very quickly. Therefore, these attacks were “warning messages to Syria and Iran” before an escalation, in the context of tightening the blockade on Syria through the strategy of the ‘battle between wars’ implemented by the enemy since 2013.
“The Israeli enemy's attacks on Aleppo airport [on 7 and 22 March] are warning messages similar to those we saw in the attacks on Damascus International Airport in April and May 2022, which preceded a major aggression on Damascus International Airport.”
The recent attacks “did not succeed in disrupting Aleppo airport for more than 24 to 48 hours”. The repair operations took place very quickly. Therefore, these attacks were “warning messages to Syria and Iran” before an escalation, in the context of tightening the blockade on Syria through the strategy of the ‘battle between wars’ implemented by the enemy since 2013.
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Forwarded from Resistance News Network
🚨 According to Lebanese newspaper Al-Akhbar, the traitorous Palestinian Authority supplied the IOF with a new kill list of Palestinian fighters at the Aqaba summit, which the IOF used to assassinate fighters this week. The list of fighters included Amir Abu Khadijah, martyred today in Tulkarem, as well as martyrs Jihad Khazem and Yousef Shreim, described as two of the most dangerous militants in Jenin.
According to the report, the PA presented the work that they had done to subdue armed resistance in the West Bank and collected a list of weapons owners in Jenin and Nablus over the last month.
In preparation for a third summit in Egypt, PA heads Hussein Al-Sheikh and Majed Faraj held an secret meeting with the leaders of the Palestinian security services, asking them to increase their work in the West Bank, intensify the effort to collect weapons, and tighten the pursuit of resistance fighters and every person who carries a weapon used to target the zionist occupation.
The security coordination, which PA leaders have described as "sacred" is only escalating as resistance escalates, despite all false promises by traitorous leaders that it is coming to an end. We recognize the "Authority" for what it truly is: an unrepresentative gang of spies that serves as an arm of the colonial occupation.
According to the report, the PA presented the work that they had done to subdue armed resistance in the West Bank and collected a list of weapons owners in Jenin and Nablus over the last month.
In preparation for a third summit in Egypt, PA heads Hussein Al-Sheikh and Majed Faraj held an secret meeting with the leaders of the Palestinian security services, asking them to increase their work in the West Bank, intensify the effort to collect weapons, and tighten the pursuit of resistance fighters and every person who carries a weapon used to target the zionist occupation.
The security coordination, which PA leaders have described as "sacred" is only escalating as resistance escalates, despite all false promises by traitorous leaders that it is coming to an end. We recognize the "Authority" for what it truly is: an unrepresentative gang of spies that serves as an arm of the colonial occupation.
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— "Earlier today, a U.S. contractor was killed and five U.S. service members and one additional U.S. contractor were wounded after a one-way unmanned aerial vehicle struck a maintenance facility on a Coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. local time.
The intelligence community assess the UAV to be of Iranian origin.
— "At the direction of President Biden, I authorized U.S. Central Command forces (US CENTCOM) to conduct precision airstrikes tonight in eastern Syria against facilities used by groups affiliated with Iran’s Islamic Revolutionary Guards Corps (IRGC)," said Secretary of Defense Lloyd J. Austin III. "The airstrikes were conducted in response to today’s attack as well as a series of recent attacks against Coalition forces in Syria by groups affiliated with the IRGC."
These precision strikes are intended to protect and defend U.S. personnel.
The United States took proportionate and deliberate action intended to limit the risk of escalation and minimize casualties."
Link
https://archive.is/WWZEY
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⋯ 🚨 Syria: Rockets target the American base in the Al-Omar oil field east of Deir Ezzor. Explosions resound at the base. More than 20 missiles targeted the base in the Koniko field.
There is mutual rocket and artillery shelling between the Syrian Arab Army and the American occupation forces in Deir Ezzor.
By @SAM_Syria0
There is mutual rocket and artillery shelling between the Syrian Arab Army and the American occupation forces in Deir Ezzor.
By @SAM_Syria0
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⋯ 🚨 US bases along the eastern bank of the Euphrates River were hit by rocket strikes from the Syrian Arab Army's subordinate forces.
There is intense American jet and helicopter activity over the east of Deir Ezzor.
By @SAM_Syria0
There is intense American jet and helicopter activity over the east of Deir Ezzor.
By @SAM_Syria0
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⋯ 🔴 Statement issued by the Iranian Advisory Center in Syria:
“Last night, the American occupation carried out an aggression against civilian targets in Deir Ezzor from their base in Al-Tanf. The targets consisted of food stores and service centers. Their attack resulted in several innocents being killed or injured, only for serving or being in the area.
“We are aware that the American occupier seeks to achieve casualties among our ranks under flimsy pretexts, as they have always justified their criminal operations.
Statement continues
“Last night, the American occupation carried out an aggression against civilian targets in Deir Ezzor from their base in Al-Tanf. The targets consisted of food stores and service centers. Their attack resulted in several innocents being killed or injured, only for serving or being in the area.
“We are aware that the American occupier seeks to achieve casualties among our ranks under flimsy pretexts, as they have always justified their criminal operations.
Statement continues
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⋯ “Accordingly, we declare the following:
First: Our mission and legitimate presence in Syria has always been to help the Syrian state confront the terrorists and takfiri project led by ISIS.”
“Second: Over the years, the region has been attacked by the US trying to impose an equation. Their pretext has always been retaliation. Instead, they assume they're targetting precision weapons & equipment transported by Iran, which pose a threat to their protégé, Israel.”
“Third: Based on the aforementioned, and after the attack which was launched from US-occupied Al-Tanf region, we warn the American enemy that we have the upper hand. We have the ability to respond in the event that our centers and forces are targeted on Syrian territory.”
First: Our mission and legitimate presence in Syria has always been to help the Syrian state confront the terrorists and takfiri project led by ISIS.”
“Second: Over the years, the region has been attacked by the US trying to impose an equation. Their pretext has always been retaliation. Instead, they assume they're targetting precision weapons & equipment transported by Iran, which pose a threat to their protégé, Israel.”
“Third: Based on the aforementioned, and after the attack which was launched from US-occupied Al-Tanf region, we warn the American enemy that we have the upper hand. We have the ability to respond in the event that our centers and forces are targeted on Syrian territory.”
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⋯ This rare statement represents Iran & Hezbullah, as well as all forces under their command. It indicates direct military action by the IRGC and Hezbullah. One must note that a member of the Syrian branch of Hezbullah was martyred in yesterday's US aggression.
Tonight's retaliation by Iran likely caused additional casualties. If this is indeed the case, it will be confirmed by CENTCOM within the next 24 hours.
Tonight's retaliation by Iran likely caused additional casualties. If this is indeed the case, it will be confirmed by CENTCOM within the next 24 hours.
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Lebanese News and Updates
After exceptional approval from PM Najib Mikati, the Secretary-General of Council of Ministers Judge Mahmoud Makiya issued a decision to postpone the switch to Daylight Savings Time this year. DST will begin on April 21 as opposed to March 26 this year. The…
🕰🧩 Call it an hour. Two parallel timezones to begin tomorrow
Lebanese Christian-funded political television channels MTV and LBCI have announced their refusal to abide by the government's decision to postpone Daylight Saving Time (DST).
Lebanon was supposed to switch to DST tonight at 00:00 (moving the clocks forward to 01:00), but the govt's secretary-general postponed it to 21 April in order to accommodate Muslims during the month of Ramadan.
Several Christian politicians complained of this decision; Gebran Bassil tweeted on 23 March that “the story of the hour is not accepted”; Samir Geagea yesterday called on the government to reverse the decision, tweeting it would “hinder a lot of businesses, especially air traffic and international companies”. It is not clear what, and who, is causing more complications. Only time will tell where the country is headed.
Lebanese Christian-funded political television channels MTV and LBCI have announced their refusal to abide by the government's decision to postpone Daylight Saving Time (DST).
Lebanon was supposed to switch to DST tonight at 00:00 (moving the clocks forward to 01:00), but the govt's secretary-general postponed it to 21 April in order to accommodate Muslims during the month of Ramadan.
Several Christian politicians complained of this decision; Gebran Bassil tweeted on 23 March that “the story of the hour is not accepted”; Samir Geagea yesterday called on the government to reverse the decision, tweeting it would “hinder a lot of businesses, especially air traffic and international companies”. It is not clear what, and who, is causing more complications. Only time will tell where the country is headed.
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⋯ 🕰 Sunni official, member of Lebanon's Dar Al-Fatwa, Hassan Moraib, tweeted:
“In response to the abhorrent racism and sectarianism of the MTV and LBCI channels by not adhering to the government’s decision to postpone Daylight Saving Time until after the blessed month of Ramadan, I call on all Muslims of all denominations to boycott these two channels and all their programmes.
“No one should appear on any of their programmes whether political or otherwise, or interact with their social media accounts, until they take back their reckless decision and take their fellow countrymen, as they call us, into account.”
“In response to the abhorrent racism and sectarianism of the MTV and LBCI channels by not adhering to the government’s decision to postpone Daylight Saving Time until after the blessed month of Ramadan, I call on all Muslims of all denominations to boycott these two channels and all their programmes.
“No one should appear on any of their programmes whether political or otherwise, or interact with their social media accounts, until they take back their reckless decision and take their fellow countrymen, as they call us, into account.”
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