Source: The Daily Star
Security & Justice
Lebanese Army Takes Control of Another Palestinian Faction Site in Bekaa
As part of its intensified operations to enforce security and implement United Nations Security Council Resolution 1701, a unit of the Lebanese Army, along with a patrol from the Directorate of Intelligence, took control of a site belonging to the Popular Front for the Liberation of Palestine in the town of Kfarzabad on Sunday, LBCI reported.f
Sunday, December 22, 2024
Lebanese Army Moves to Extend State Authority Over Palestinian Faction Sites
Lebanon has launched an effort to disarm Palestinian groups operating outside refugee camps, targeting factions previously aligned with the former Syrian regime. These groups had maintained a presence in areas like the Bekaa region, southern Beirut, and along the Syrian border.
Sunday, December 22, 2024
Opinion
Strong Rebound on Markets for Lebanon Eurobonds
TRADERS IN THE LOCAL MARKET HAVE CONFIRMED THAT THE LEBANESE POUND IS GAINING GROUND ON THE DEMAND CURVE AS LEBANON EUROBONDS ARE WITNESSING A GROWTH CURVE
Thursday, December 19, 2024
Lebanon After the Assads
The United States has important equities in Lebanon, including a desire for a generally friendly government’s economic and political stability; security cooperation; long-standing relations with the large Christian community in Lebanon and Lebanese diaspora in the United States; and ultimately peace between Israel and Lebanon within a broader regional settlement. Achieving these objectives will require navigating a tumultuous period in the country’s history following a war between Hezbollah and Israel that has devastated a large part of the country, exacerbating Lebanon’s already challenging economic conditions. But perhaps the most important dynamic will be how a likely Sunni-dominated state of uncertain composition in Syria will differ in its intentions toward Lebanon from the previous Alawite-led minoritarian Assad regime.
Thursday, December 19, 2024
Sports
Cristiano Ronaldo Unveils New Private Jet Worth $73 Million
Cristiano Ronaldo, one of the richest global athletes, has unveiled his upgraded private jet reportedly worth $73 million. With its top-notch design, exceptional speed and range of 7500 nautical miles, the Gulfstream G650 is among the fastest jets in the world.
Monday, December 16, 2024
Guardiola Accepts Man City May Need to Sign More Players to Cope with Schedule
Manchester City manager Pep Guardiola believes he will need a bigger squad to handle soccer’s ever-expanding fixture schedule.
Saturday, December 14, 2024
Tuesday 4 August 2020 13:46:11
Byblos Bank’s Loses $122 Million in 2019 Due to Heavy Provisions
Byblos Bank, one of the largest lenders in Lebanon, said Tuesday that it recorded a loss of $122 million in 2019 due to the allocation of “collective provisions’’ for the bank’s expected credit losses on its portfolio of Lebanese Eurobonds.
“Byblos Bank recorded in 2019 a total of $122 million in losses for the first time since its inception around 60 years ago. These losses are mainly due to the allocation of collective provisions for the bank’s expected credit losses on its portfolio of Lebanese Eurobonds; on its foreign-currency placements with the Central Bank of Lebanon; and on its customer loan portfolio,” the bank said in its statement.
Read the Full Artilce at The Daily Star: https://bit.ly/39SHBPc
