Discover and read the best of Twitter Threads about #لبنان__ينتفض
Most recents (4)
#Lebanon's successive governments' policies to buy time have inflated the cost to unsustainable dimensions. Here's the harsh truth: Crisis will be only solved through one or more of the actions below:
- Devaluation
- Haircut
- Debt restructuring
- Combination of the three.
#لبنان
- Devaluation
- Haircut
- Debt restructuring
- Combination of the three.
#لبنان
Crises happened before and will happen again in the future. The collapse is not the end of history. But, one issue is largely more important: How to build our nation following the meltdown and what basis do we want to restore the State, economy, and society.
#Lebanon #لبنان
#Lebanon #لبنان
What I like the most about this one is how the BdL actually believes this recession is triggered by a slowdown in aggregate demand, so a reduction in interest rates (on deposits and loans) is enough to revive the economy.
#Lebanon #لبنان__ينتفض bloomberg.com/amp/news/artic…
#Lebanon #لبنان__ينتفض bloomberg.com/amp/news/artic…
“Hezbollah media relations: We have nothing to do with the motorcycle protest that descended on downtown Beirut this evening.” #LebanonProtests #لبنان__ينتفض
Small protests like this one in Hamra are springing up around Beirut, so it’s not just secluded to downtown. I hear there are also protesters gathered at the Central Bank, even more than yesterday. #LebanonProtests #لبنان__ينتفض
On Lebanon's civil society: I have noticed that a number of observers are trying to understand the #LebanonProtests. The protests are not magic.They’re product of years of work:The work of Lebanon's civil society that needs to be acknowledged. #لبنان_يثور #لبنان__ينتفض #Beirut
1)Many remember the protests in 2015 that were covered by international media- now since that year, activists managed to achieve successes in some areas for first time, challenging the existing political system they're fighting. I will focus on elections in 2017/18:
2) In 2017, civil society won in the Beirut Order of Engineers polls. Jad Tabet, backed by Beirut Madinati coalition was able to beat a candidate supported by traditional parties. That was a major victory for civil society. Read here: dailystar.com.lb/News/Lebanon-N…
Protesters in Lebanon are gathering downtown and blocking some roads with burning tires against government attempts to increase taxes. Though it’s unclear, disorganized and chaotic, one thing is clear: people are frustrated w/ the economic situation. 
This comes after fires that spread across the country and the state was helpless to put them out bc the government didn’t pay to maintain the aircraft capable of putting out fires. People have had enough it seems
Protests in Lebanon continue. So much discontent over decades of corruption, economic stagnation and decline and a political elite that enriched itself while the country crumbles. This is similar I think to the frustrations that provoked protests in Iraq.
