Source: Express
Justice Minister Adel Nassar has appointed a panel of judicial investigators to reopen Lebanon’s most sensitive political assassination cases, in what is seen as a decisive step to end the long-standing culture of impunity in the country.
Wednesday, October 8, 2025
Since the ceasefire following Israel’s last conflict with Lebanon in November 2024, Israel has continued to target Hezbollah operatives with precision strikes, largely using advanced surveillance and intelligence technologies, according to military and strategic sources.
Tuesday, October 7, 2025
Nearly a year after the end of Syria’s civil war and the fall of the Assad dictatorship, the country has embarked on a long and complex reconstruction process. The destruction is staggering: entire neighborhoods lie in rubble and basic infrastructure (roads, power grids, and water systems) has collapsed, and public institutions are dysfunctional. Millions of Syrians remain displaced inside and outside the country, schools and hospitals are incapacitated, and what remains of the economy is crippled by unemployment, inflation, and the lingering impact of sanctions (even as many have lately been eased). Ongoing sectarian violence and a deepening humanitarian disaster, with more than 14.5 million Syrians facing food insecurity, compound the crisis. As the international community re-engages in Syria, reconstruction will require many hundreds of billions of dollars in aid and investment as well as assistance to restore governance, security, and stability.
Thursday, September 25, 2025
Recently, during the session of a Lebanese parliamentary committee on a new election law, two of the country’s Shiite parliamentarians, one from Hezbollah and the second from the Amal Movement, floated an idea the government in Beirut should examine closely. The two MPs, Ali Fayyad and Ali Hassan Al Khalil, called for reform of the political system and full implementation of all the stipulations of the Taif Accord of 1989 – the agreement that ended Lebanon’s civil war and sought to update its confessional political model.
Wednesday, September 24, 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
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
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.
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