2020-6-6 19:50 |
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent. origin »
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Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation deteriorating “terrifyingly.
2020-5-5 20:30 | |
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A massive shortage of dollars is instigating economic chaos, including a more than 50% loss of value in the Lebanese pound and what looks like an enormous local premium for bitcoins. Presented in podcast and full-transcript formats.
2020-4-30 22:00 | |
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Protests in Lebanon have been going on since October last year as the citizens grapple with the falling economy. With the country’s national currency plunging to new all-time lows, the citizens are now defying coronavirus lockdown measures to protest in the streets.
2020-4-29 16:53 | |
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As the current financial crisis rocking Lebanon continues to intensify, Lebanese citizens are increasingly looking to bitcoin to escape the country’s crippling economic situation. Lebanon joins the list of countries whose citizens have turned to the top cryptocurrency to counter the financial crisis.
2020-2-26 22:00 | |
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With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto.
2020-1-28 09:18 | |
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Mass protests in Lebanon, which began as a demonstration over tax proposals, have since escalated into a full-blown financial crisis. As such, Bitcoin, and other decentralized cryptocurrencies, demonstrate, once again, the importance of financial sovereignty.
2020-1-27 16:11 | |
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The middle eastern nation of Lebanon has been suffering its worst civil and economic crisis since its civil war in the mid-1970s. With no end in sight, the desperate yet resourceful population may start to explore Bitcoin as a weapon against the corrupt political and banking system.
2019-12-28 07:23 | |
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In Lebanon, around 350,000 Syrian refugees don’t have access to enough safe and nutritious food. To stem the crisis, the World Food Programme (WFP) of the United Nations introduced an electronic voucher system to distribute food aid.
2019-7-2 14:50 | |
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