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Search resuls for: "Lebanon's Bekaa"


3 mentions found


☆ What to know about Hezbollah, the powerful Iran-backed group on Israel’s border
  + stars: | 2023-10-19 | by ( Cnn Staff | ) edition.cnn.com   time to read: +8 min
CNN —Hezbollah is an Iran-backed Islamist movement with one of the most powerful paramilitary forces in the Middle East. The origins of the groupHezbollah emerged from the rubble of Israel’s 1982 invasion of Lebanon, when Israeli forces took almost half of Lebanon’s territory. This included Beirut, where Israeli forces, along with right-wing Israel-allied Christian Lebanese militias, laid siege to the western part of the capital to drive out Palestinian militants. A terror designationIn Lebanon, Hezbollah is officially considered a “resistance” group tasked with confronting Israel, which Beirut classifies as an enemy state. Hezbollah is a group from the Shia branch of Islam, while Hamas is Sunni.
Persons: Israel –, –, Sabra, Shatila, Hassan Nasrallah, Marwan Naamani, Israel, Mustafa Badreddine, Hamas haven’t, Bashar al, Assad, Nasrallah, Francesca Volpi, ’ Organizations: CNN, Commission, Christian Lebanese, Embassy, Hezbollah, Hamas, Gaza, Islamic Revolutionary Guard Corps, Israel’s Locations: Iran, Israel, Lebanon, Hamas, Gaza, Beirut, Lebanese, Palestinian, Islamic Republic, Tehran, Argentina, Buenos Aires, East, Syria, Iraq, Islam, Baalbek, Lebanon's Bekaa, Israel’s, Golan
☆ Cash is king in Lebanon as banks atrophy
  + stars: | 2023-01-31 | by ( Maya Gebeily | ) www.reuters.com   time to read: +4 min
SummarySummary Companies Cash economy replaces once lauded-banking sector'Impossible' for state to collect taxes in cash economy - traderWest frets over money laundering, terrorism finance - diplomatCHTAURA, Lebanon, Jan 31 (Reuters) - The money exchange shop in Lebanon's Bekaa Valley was buzzing with business. Cash is now king in Lebanon, where a three-year economic meltdown has led the country's once-lauded financial sector to atrophy. Even the largely paralysed Lebanese state is moving towards the cash economy: the finance ministry has considered requiring traders to pay newly-increased customs tariffs partly in cash. Paul Abi Nasr, CEO of a textile company, said the cash economy made it "practically impossible" to enforce taxes "because everything can simply stay outside of the banks". "The transformation to a cash economy means the collapse of the economy," said Mohammad Chamseddine, an economic expert at Lebanese research group Information International.
☆ Cholera outbreak hits Syrian refugees sheltering in camps in Lebanon
  + stars: | 2022-10-21 | by ( Maya Gebeily | ) www.reuters.com   time to read: +4 min
Syrian refugee children stand near water way at an informal camp in Qab Elias, in Lebanon's Bekaa Valley October 18, 2022. REUTERS/Mohamed AzakirQUB ELIAS, Lebanon, Oct 21 (Reuters) - Syrian refugees in displacement camps are falling victim to a cholera outbreak in Lebanon, already suffering from an economic meltdown that has slashed access to clean water and strained hospitals. Lebanon recorded its first cholera case in early October -- signalling the return of the bacteria for the first time in 30 years. WHO country director Abdinasir Abubakar told Reuters cholera posed a "very high risk" for Lebanon – and that transmission to other countries was likely. "Now it's affecting more Syrian refugees, but sooner or later we will see more cases for Lebanese,” Abubakar said.
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