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Lebanon's banks reopened on 1 November 2019, after two weeks of closure, the longest bank closure in the nation's history. [121] "Unofficial" capital controls were imposed by individual banks to prevent a bank run, with personal withdrawals being limited to US$3,000 per week or per month depending on individual banks. Corporate banking activity ...
August 25 - 2019 Beirut drone crash: two drones, alleged to be from Israel by Lebanese authorities, crashed in the Dahieh district of Beirut. The first drone crashed into Hezbollah's Media Center, and the second drone exploded mid-air 45 minutes later. This was the first such incident between Lebanon and Israel since the 2006 war between them. [2]
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Emirate of Mount Lebanon (1516–1840) Tripoli Eyalet (1579–1864) Sidon Eyalet (1660–1864) Shihabs (1697–1842) El Assaad Family (1749–1957) Double Qaim-Maqamate of Mount Lebanon (1843-1861) Mount Lebanon Mutasarrifate (1861–1918) Beirut Vilayet (1888–1917) Allied administration (1918–1920) French rule (1920–1943)
Lebanon (/ ˈ l ɛ b ən ɒ n,-n ə n / ⓘ LEB-ən-on, -ən; Arabic: لُبْنَان, romanized: Lubnān, local pronunciation: [lɪbˈneːn]), officially the Republic of Lebanon, [b] is a country in the Levant region of West Asia, bordered by Syria to the north and east, Israel to the south, and the Mediterranean Sea to the west; Cyprus lies a short distance from the country's coas
[5] [2] From 2019 to March 2023, the Lebanese pound lost 98% of its value, and withdrawal limits of $400 US have remained in place since 2019. [ 6 ] [ 7 ] [ 8 ] The government was forced to devalue its exchange rate with US currency by 90% in February 2023, though market value had diverged long beforehand.
Syrian Civil War spillover in Lebanon - Between 2011 and 2017, fighting from the Syrian Civil War spilled over into Lebanon as opponents and supporters of the Syrian Arab Republic traveled to Lebanon to fight and attack each other on Lebanese soil. The Syrian conflict stoked a resurgence of sectarian violence in Lebanon. 2019: October