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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]
After Lebanese banks began to impose withdrawal limits in 2019, as part of the ongoing liquidity crisis, some of their depositors have resorted to a spate of bank robberies and sit-ins to recover their frozen money. The phenomenon began in January 2022 and is ongoing as of 2024.
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.
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Tesbih Habbal and Muzna Hasnawi, Syrian editors writing in The Nation in October 2019, argued that the 2018–2019 sustained street protests in the Arab world starting with Sudan in December 2018, Algeria in February 2019, Egypt and Iraq in September and October 2019, Syria and Lebanon in October 2019, constituted a second wave of the process ...
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
First launched in Lebanon on February 15, 1993, Future Television, although the youngest of the Lebanese stations back then, became the nation's fastest growing station. In September 2019, Lebanese Prime Minister and party leader Saad Hariri announced the suspension of work at his Future TV satellite television channel after 26 years of ...