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spinifex: Anyone here really familiar with Otway region ? Looking for less frequented campsites? Don’t mind putting in special effort to get to them Nov 20, 2024 12:39:16 GMT 10

Lebanon unrest

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blueshoes
Senior Member

Posts: 609
Likes: 700
Location: Regional Dan-istan

Lebanon unrest Jan 20, 2020 17:51:36 GMT 10 via mobile SA Hunter likes this

Quote

Post by blueshoes on Jan 20, 2020 17:51:36 GMT 10

Has anyone been watching Lebanon?

"Internet blackout" 14 Jan
en.annahar.com/article/1103272-lebanon-faces-internet-shutdown

"Protestors set fire to outer wall of central bank in Beirut... 17 Jan

"Can't get $100 out of the bank"
www.aljazeera.com/news/2020/01/beirut-turns-battleground-clashes-escalate-200119184153083.html

I know they're a long way away and all, but the protests are against an iranian-backed hezbollah gov't and it bears keeping an eye on. Also their economy appears pretty done for from here, hard to tell... i thought Lebanon was one of the more stable places?

Last Edit: Jan 20, 2020 17:52:21 GMT 10 by blueshoes: Add source link

frostbite VIP Member Posts: 5,719 Likes: 7,119 Member is Online	Lebanon unrest Jan 20, 2020 18:39:58 GMT 10 SA Hunter likes this Quote Select Post Deselect Post Link to Post Back to Top Post by frostbite on Jan 20, 2020 18:39:58 GMT 10 Another country where citizens have had access to their bank savings severely restricted.

spatial
Senior Member

Posts: 2,396

Likes: 1,560

Lebanon unrest Jan 20, 2020 21:44:28 GMT 10 SA Hunter likes this

Quote

Post by spatial on Jan 20, 2020 21:44:28 GMT 10

There was an Article on zero hedge a few days back. The world is the cusp of total meltdown. Everywhere you look there is problem's, Many parts of Africa now having a food crisis.

www.zerohedge.com/economics/lebanese-week-wrath-sees-banks-physically-attacked-large-scale

www.abc.net.au/news/2020-01-19/locust-plague-east-africa-devastates-crops-worst-25-years/11880696

blueshoes
Senior Member

Posts: 609
Likes: 700
Location: Regional Dan-istan

Lebanon unrest Feb 4, 2020 16:43:24 GMT 10 via mobile SA Hunter likes this

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Post by blueshoes on Feb 4, 2020 16:43:24 GMT 10

Still going: banks tighten restrictions to max $400 withdrawn a month, locals buy expensive goods (rolex watches, cars) to extract assets from the bank...

"...Adding to the urgency to shore up foreign currency reserves: Lebanon has a $1.2bn Eurobond repayment due in March, raising the spectre of a debt restructuring or possible bailout from the International Monetary Fund to avoid default..."

www.aljazeera.com/amp/ajimpact/legal-lebanon-banks-tighten-restrictions-200203163004785.html

fei Senior Member Posts: 604 Likes: 876	Lebanon unrest Feb 5, 2020 0:26:18 GMT 10 blueshoes likes this Quote Select Post Deselect Post Link to Post Back to Top Post by fei on Feb 5, 2020 0:26:18 GMT 10 I wonder what happens to Carlos Ghosn now, after he escaped there from house arrest in Japab? Or is he in Beirut? (I get my middle eastern &@$%holes mixed up)

Shoutbox

Lebanon unrest

Post by blueshoes on Jan 20, 2020 17:51:36 GMT 10

Post by frostbite on Jan 20, 2020 18:39:58 GMT 10

Post by spatial on Jan 20, 2020 21:44:28 GMT 10

Post by blueshoes on Feb 4, 2020 16:43:24 GMT 10

Post by fei on Feb 5, 2020 0:26:18 GMT 10