Source: Express

The official website of the Kataeb Party leader
Israeli escalation in southern Lebanon has entered a new phase after the Israeli army announced operations north of the Litani River, as heavy vehicles crossed toward the outskirts of eastern Zawtar.
Wednesday, May 13, 2026
Lebanon and Syria have agreed to prepare a joint framework governing the extradition of former Syrian regime figures who fled to Lebanon following the collapse of the government of ousted Syrian President Bashar al-Assad, according to a senior Lebanese official familiar with recent talks between the two countries.
Tuesday, May 12, 2026
For 26 years, the issue of Lebanese exiles to Israel has remained the most complex case in modern Lebanese history. This wound, still bleeding in the conscience of those families, also represents a political and humanitarian stain on the Lebanese state, or rather on the successive authorities that failed to address the matter objectively and with an untainted memory, free from the selectivity and distortions resulting from the dominance of the “Resistance Axis,” which appointed itself both adversary and judge, imposing its ideological perspective on the standards of treason and patriotism.
Tuesday, May 5, 2026
Iran’s economy is buckling. Under a US blockade, the Islamic Republic faces its most severe economic distress in years. For Hezbollah, which has long benefited from Iran’s expansive largesse, this begets a serious question: how to replace its financial patron. The terror group’s best option outside the Middle East is its West Africa network.
Monday, May 4, 2026
PSV Eindhoven felt they should have taken more from Tuesday's Champions League away clash against Juventus where they conceded a late goal to go down 2-1 in the first leg of their Champions League knockout phase playoff tie on Tuesday.
Wednesday, February 12, 2025
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
Monday 9 September 2024 16:30:31
One country's currency has crashed so much that just one US dollar can now purchase 89,578 of its pounds. Experts say the Lebanese Pound is the weakest currency in the world "by some margin" as it tops a hall of shame of the world's worst performing.
Andrew Michael, an expert at Forbes Advisor, said in a report on the worst performers: "The Lebanese pound is currently, by some margin, the weakest currency in the world when measured against the US dollar.
"One Lebanese pound buys $0.000011. Put another way, this means that $1 is worth 89,578 Lebanese pounds." Lebanon's economy is service-based, but the country also exports food and drinks, metals, some chemicals and precious stones.
But, bordering the Mediterranean Sea, as well as Israel and Syria, its economy has been affected harshly by the wars in Syria and more recently Gaza.
Next worst performing currency is the Iranian rial, currently worth $0.000024. Just $1 would buy 42,087 Iranian rials.
The currency emerged in the late 1700s and has been relatively static against the US Dollar for several years. Iran is a key exporter of oil and natural gas, but economic sanctions, largely from the US, have put huge pressure on its economy.
The report was compiled for those considering in investing in weaker economies, which can potentially make significant amounts if there is a rise in its value.
But, it is a risky tactic as they could remain low or even plummet further. The US dollar is the world’s most traded currency, but not the strongest, which is currently seen as the Kuwaiti dinar.
Third worst performing currency is the Vietnamese dong as each unit can only buy $0.000039. Just $1 could buy 25,442 Vietnamese dong.
It is a service led industry with electronics, energy and textiles key industries. It has been hit hard by rising interest rates in the US, restrictions on foreign exports and a slowdown in exports.
Another south-east Asian currency, the Laotian kip, is in at number four. Around since the 1950s, 1 kip is equivalent to $0.000046, so $1 is worth 21,705 kip.
Land-locked Laos relies on exports of copper, gold and timber but has slow economic growth, high inflation and rising debt.
Sierra Leone has had a currency called leone since 1964 and one unit of it gets $0.000048. So, $1 is the equivalent of 20,969 leone.
It's key exports are timber and minerals such as diamonds and gold plus industrial metals. High inflation and debt plus slow economic growth since the Ebola outbreak have kept it struggling.

The official website of the Kataeb Party leader

