Web results:
Lebanon is a developing country, ranking 112th on the Human Development Index. It has been classified as an upper middle income state. However, the Lebanese liquidity crisis, corruption as well as recent events have precipitated the collapse of currency, political instability, widespread shortages, high unemployment and poverty.
Lebanon is one of the most densely populated countries in the Mediterranean area and has a high rate of literacy. Notwithstanding its meagre natural resources, Lebanon long managed to serve as a busy commercial and cultural centre for the Middle East. This outward image of vitality and growth nevertheless disguised serious problems.
as of 2022, the Lebanese military faced multiple challenges, including securing parts of the border with war-torn Syria from infiltrations of militants linked to the Islamic State of Iraq and ash-Sham (ISIS) and al-Qa’ida terrorist groups and maintaining stability along its volatile border with Israel, where the Iranian-backed and Lebanon-based terrorist group Hizballah conducted a war with Israel in 2006 and tensions remained high, including occasional armed skirmishes; the military also ...
Lebanon is a small Middle East nation situated on the eastern coast of the Mediterranean Sea in Western Asia. It is located in Northern and Eastern hemispheres of the Earth. Lebanon borders has land borders with two countries.
Lebanon’s Palestinians have been hit hard by the country’s economic collapse. They feel trapped and have few options. 4 Jan 2023 Two refugees die, 232 rescued after boat capsizes off...
Lebanon is a country in the Middle East, in Western Asia, next to the Mediterranean Sea. It has borders with Israel to the south, and Syria to the east and north. History & Data [ change | change source] Lebanon was named Phoenicia under the Roman Empire. Some of the biggest temples in Antiquity were there at Heliopolis.
Lebanon to devalue currency by 90% on Feb. 1, c.bank chief says Currencies · January 31, 2023 · 7:40 AM PST Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on...
Lebanon’s history since independence in 1943 has been marked by periods of political turmoil interspersed with prosperity built on its position as a regional center for finance and trade. The country’s 1975-90 civil war was followed by years of social and political instability. Sectarianism is a key element of Lebanese political life.
Lebanon's first licensing round in 2017 saw a consortium of TotalEnergies, Eni and Russia's Novatek win bids to explore. Novatek pulled out in September 2022, leaving its stake in the hands of the ...
Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90 percent devaluation from its current official rate that has remained unchanged for 25 years.