Source: Kataeb.org
Security & Justice
Judge Faces Legal Resistance as Defendants Plan to Block Summonses in Beirut Port Explosion Probe
The Lebanese judiciary is grappling with a profound structural crisis, impeding justice for the Beirut Port explosion—the largest non-nuclear blast in history. Political interference, stalled judicial appointments, the exploitation of legal loopholes by implicated individuals, and the Public Prosecution’s opposition to the lead investigator have created an ongoing deadlock.
Tuesday, January 21, 2025
Lebanese Army Deploys in Bint Jbeil, Expanding Control in Southern Lebanon
The Lebanese Army has initiated a strategic deployment in the southern city of Bint Jbeil as part of its broader plan to restore control in the border region following the recent ceasefire agreement between Lebanon and Israel.
Sunday, January 19, 2025
Opinion
Lebanon Can Escape Iran's Orbit and Return to the Arab Fold
Lebanon is going through a historic transformation – one marked by a shift in its domestic and regional status quo. The election of former army general Joseph Aoun as President and the appointment of jurist Nawaf Salam as Prime Minister usher in some long-awaited positive change to the country’s domestic balance of power and in its international relations.
Sunday, January 19, 2025
With Its New Prime Minister, Lebanon’s Revolution Comes Full Circle
Lebanon has just gone through a revolution – one that started more than five years ago with street protests demanding an end to corrupt political rule. It took all that time and a whole myriad of developments to get to a point where a president and prime minister have been elected outside the grip of the usual political parties that have dominated the country for decades.
Saturday, January 18, 2025
Sports
Fury Announces Retirement from Boxing Again
Former world heavyweight champion Tyson Fury has announced his retirement from boxing.
Tuesday, January 14, 2025
World Number 219 Habib Puts Lebanon on the Map at Australian Open
Lebanese qualifier Hady Habib broke new ground for the strife-torn nation on Sunday as he beat China's Bu Yunchaokete 7-6(4) 6-4 7-6(6) to reach the second round of the Australian Open.
Sunday, January 12, 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.
