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Lebanon, June 10, 2025 -- With continued economic instability and a fluctuating exchange rate, monitoring gold prices in ...
Lebanon's minimum wage has fallen from $450 per month to just $45. Its currency continues to fall. When I first arrived, $100 was equal to 1.1 million lira. But at the end of my trip, it got me 1. ...
Beirut, Lebanon – More than five years into an economic crisis that sent inflation spiralling and saw the Lebanese lira plummet, Lebanon’s government is facing its biggest infrastructure ...
a Lebanese mechanical engineer, is fully operated by electricity and solar energy. Notably, Houssami has developed several variants of Skylira, including Lira Taxi, Lira Bus, and the standard Skylira.
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This pact contributed directly to Lebanon’s economic collapse. By 2021, the Lebanese lira had lost 95 percent of its value, and GDP had been halved—from $52 billion in 2019 to $23 billion just ...
When it comes to 2024’s best-performing currencies, it was the US dollar that came up trumps. After a stunning political and economic turnaround, the greenback shook off last summer’s ...
The Lebanese lira has lost approx. 90 percent of its value, while food prices have increased almost ten-fold since May 2019. Unemployment is exceptionally high, and over half of households are below ...
When a second missile struck the car carrying his bodyguards, thousands of dollars-worth of Lebanese lira flew into the sky. After the attack, the local mp, a Christian, said he did not want ...