Deir Ammar Power Plant Set to Shut Down for Upcoming Technical Inspection Yesterday, L’Orient Today reported that, “the power plant in Deir Ammar, North Lebanon, will shut down for five days for technical reasons, the state-owned power provider Électricité du Liban announced on Monday, as the country continues to suffer from severe power rationing, worsened by a now three-year-old economic crisis.” [L’Orient Today]
Delegation from the Arab League to Visit Lebanon According to Caretaker Minister of Foreign Affairs and Emigrants Abdallah Bou Habib, a delegation representing the Arab League will arrive in Beirut this Friday and will be accompanied by the body’s Secretary General, Ahmed Aboul Gheit. The delegation is expected to meet with the three presidents of the country. [Reuters]
ABL Affirms Unity in Statement Following recently publicized disagreement among Lebanon’s key banking leaders over the staff agreement that was reached between the International Monetary Fund (IMF) and the government of Lebanon earlier this year, the Association of Banks in Lebanon (ABL) reiterated its ‘unified position’ on the necessity of reaching a deal with the Monetary Fund. [Reuters]
Showcase of All-Female Lebanese Dance Troupe Especially following the recent, viral performance of the all-female Lebanese dance crew, Mayyas, on the hit reality-TV show ‘America’s Got Talent’, the group’s success is showcased in this article, which highlights their best performances going back to 2017. [The National]
OPINION & ANALYSIS
Desperate For Diaspora: Lebanon Begs For A Tourism Cash Injection Kareem Chehayeb
Chehayeb writes, “Even before Lebanon’s economy started spiralling about three years ago, the authorities relied heavily on the country’s diaspora sending remittances from abroad to strengthen the economy . . . Now, more than three-quarters of the population lives in poverty. Last summer, many Lebanese living abroad brought suitcases of life-saving medicines and battery packs for families, friends, and charities when they came home for the summer, hoping to help soften the blow of the economic crisis. This summer, the cash the diaspora brings home will help people survive . . . With much of Lebanon’s population no longer trusting banks and relying on remittances to secure cash, some see a long-term opportunity to digitise and regenerate Lebanon’s financial sector.”
Disclaimer: The views and opinions expressed in these articles are those of the author and do not necessarily reflect the position of the American Task Force on Lebanon, a non-profit, nonpartisan leadership organization of Lebanese-Americans.