Source: Kataeb.org
Security & Justice
Bulgaria Confirms Arrest of Vessel Owner Wanted in Beirut Explosion Case
Bulgarian authorities said Tuesday they have detained the owner of the Rhosus, the ship that transported the deadly cargo of ammonium nitrate to Beirut in 2013, in a move that could inject new momentum into the stalled probe of the 2020 port explosion.
Tuesday, September 16, 2025
Bulgaria Arrests Russian Owner of Ship at Center of Beirut Port Blast in 2020
The Russian owner of a cargo ship linked to a cargo of ammonium nitrate at the center of the massive Beirut port explosion in 2020 has been arrested in Bulgaria, Lebanese judicial officials said Monday.
Monday, September 15, 2025
Opinion
Can Lebanon’s Middle East Airlines Succeed with a Low-Cost Gamble?
Lebanon’s flag carrier Middle East Airlines — wholly owned by the central bank, Banque du Liban — plans to launch a low-cost subsidiary to serve destinations in the EU and the Middle East in what would be a welcome addition to the sector.
Sunday, August 31, 2025
Can Lebanon Prevent Losing Another Generation to Conflict and Despair?
When Sabah thinks about Lebanon’s turmoil and what lies ahead, she finds herself filled with rage and despair. While much of the world carries on uninterrupted, the lives of tens of thousands of young men and women in the country remain in limbo.
Tuesday, August 26, 2025
Sports
Man City's 115 Charges Outcome 'in a Month' - Guardiola
Manchester City boss Pep Guardiola says the club expects to learn the outcome of the hearing into its 115 charges of alleged Premier League financial rule breaches "in one month".
Saturday, February 8, 2025
Marcelo, Ex-Real Madrid and Brazil Captain, Retires from Football
Former Brazil and Real Madrid defender Marcelo has announced his retirement from football, bringing the curtain down on a trophy-laden career that included five UEFA Champions League triumphs.
Friday, February 7, 2025
Thursday 20 April 2023 10:39:36
Banque du Liban Mandatory Reserve Loses About 4 Billion Dollars So Far
A banking source warned against the "dangerous situation related to the continued spending from the USD mandatory reserve in the BDL and its shortage.
According to the source, this mandatory reserve is the depositors' remaining funds transferred by the banks to the BDL, following the latter’s circular.
The Central Bank imposed a deposit of 15% of banks' total USD deposits, which was later reduced to 14%.
“The current reserve in the BDL is supposed to be within 13.3 billion dollars, while the available reserve reaches about 9.45 billion dollars. Therefore, "the mandatory reserve lost about 4 billion dollars so far," the source added.
