LEBANON Explosion Adds to Spiraling Economic Crisis
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Crown Agents Bank's Currency Capabilities
Crown Agents Bank’s Currency Capabilities August 2020 Country Currency Code Foreign Exchange RTGS ACH Mobile Payments E/M/F Majors Australia Australian Dollar AUD ✓ ✓ - - M Canada Canadian Dollar CAD ✓ ✓ - - M Denmark Danish Krone DKK ✓ ✓ - - M Europe European Euro EUR ✓ ✓ - - M Japan Japanese Yen JPY ✓ ✓ - - M New Zealand New Zealand Dollar NZD ✓ ✓ - - M Norway Norwegian Krone NOK ✓ ✓ - - M Singapore Singapore Dollar SGD ✓ ✓ - - E Sweden Swedish Krona SEK ✓ ✓ - - M Switzerland Swiss Franc CHF ✓ ✓ - - M United Kingdom British Pound GBP ✓ ✓ - - M United States United States Dollar USD ✓ ✓ - - M Africa Angola Angolan Kwanza AOA ✓* - - - F Benin West African Franc XOF ✓ ✓ ✓ - F Botswana Botswana Pula BWP ✓ ✓ ✓ - F Burkina Faso West African Franc XOF ✓ ✓ ✓ - F Cameroon Central African Franc XAF ✓ ✓ ✓ - F C.A.R. Central African Franc XAF ✓ ✓ ✓ - F Chad Central African Franc XAF ✓ ✓ ✓ - F Cote D’Ivoire West African Franc XOF ✓ ✓ ✓ ✓ F DR Congo Congolese Franc CDF ✓ - - ✓ F Congo (Republic) Central African Franc XAF ✓ ✓ ✓ - F Egypt Egyptian Pound EGP ✓ ✓ - - F Equatorial Guinea Central African Franc XAF ✓ ✓ ✓ - F Eswatini Swazi Lilangeni SZL ✓ ✓ - - F Ethiopia Ethiopian Birr ETB ✓ ✓ N/A - F 1 Country Currency Code Foreign Exchange RTGS ACH Mobile Payments E/M/F Africa Gabon Central African Franc XAF ✓ ✓ ✓ - F Gambia Gambian Dalasi GMD ✓ - - - F Ghana Ghanaian Cedi GHS ✓ ✓ - ✓ F Guinea Guinean Franc GNF ✓ - ✓ - F Guinea-Bissau West African Franc XOF ✓ ✓ - - F Kenya Kenyan Shilling KES ✓ ✓ ✓ ✓ F Lesotho Lesotho Loti LSL ✓ ✓ - - E Liberia Liberian -
A Staircase in Nahr El Bared the Future of Palestinian Refugees in Lebanon
BRIEFING PAPER October 2010 A STAIRCASE IN NAHR EL BARED THE FUTURE OF PALESTINIAN REFUGEES IN LEBANON EXECUTIVE SUMMARY LEBANON’S RELATIONS WITH Palestinian refugees, one not primarily between Lebanese and Palestinian positions; of the most sensitive issues in the country, was put at the rather, one of the main sources of tension is over the on- forefront of parliamentary and public debates on June 15, going peace process between the PLO and Israel. Both 2010, when a series of legislative proposals were presented Lebanese and Palestinian actors are split over whether to to re-examine the refugees’ legal status and to resolve the support negotiations with Israel or whether to advocate issues surrounding their civil rights.1 It was the culmination resistance to Israel. The main variable impacting the status of a national discussion that began in 2005, in which a new of the Palestinians in Lebanon, over which local actors have atmosphere advocating the examination of the refugee issues very little control, is the outcome of the Middle East Peace started to emerge. Process—in particular, whether it will impose a permanent settlement of the Palestinian refugees in Lebanon (known as The fact that on August 17th the Lebanese parliament “tawteen”), which is prohibited by the Lebanese constitution. managed to pass amendments facilitating the refugees’ access to the labor market is a positive indication that the Lebanese Given the complexity of the situation, the issues that are under society and its political establishment have put the period the control of local players—such as civil rights—must be of the civil war behind them and are able to tackle such a isolated in order to be properly addressed. -
Humanitarian Cash Transfers and Financial Inclusion: Lessons from Jordan and Lebanon.” Working Paper
HUMANITARIAN CASH TRANSFERS AND FINANCIAL INCLUSION Lessons from Jordan and Lebanon April 2020 Nadine Chehade, Peter McConaghy, and Chrissy Martin Meier Acknowledgments This paper is the result of extensive research combining a literature review, multiple in-country visits, and desk-based analytical work. Data for the paper leveraged work led by Khurram Sikander and Tricia Cuna Weaver at Paysys Global, with support from Karim Jindani. It has been reviewed by Gregory C. Chen (Lead Financial Sector Specialist, CGAP), Matthew Soursourian and Yasmin Bin Human (Financial Sector Specialists, CGAP), and Karol Karpinski (Financial Sector Specialist, FCI). The team is also grateful for the inputs provided on earlier versions by Sophie Tholstrup and Julie Lawson McDowall at the Cash Learning Partnership (CaLP) and by Antoine Navarro (CGAP consultant). The research was supported by the State and Peace- Building Trust Fund, the World Bank Group’s largest global trust fund focused on supporting countries impacted by fragility, conflict, and violence. Consultative Group to Assist the Poor 1818 H Street, NW, MSN F3K-306 Washington, DC 20433 USA Internet: www.cgap.org Email: [email protected] Telephone: +1 202 473 9594 Cover photo by Tareq Khlaf, 2014 CGAP Photo Contest. © CGAP/World Bank, 2020. RIGHTS AND PERMISSIONS This work is available under the Creative Commons Attribution 4.0 International Public License (https://creativecommons.org/licenses/by/4.0/). Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the terms of this license. Attribution—Cite the work as follows: Chehade, Nadine, Peter McConaghy, and Chrissy Martin Meier. -
Solid Waste Management City Profile
Solid Waste Management City Profile Union of Municipalities of Tyre, Lebanon District Information Number of Municipalities: 55 Names of the Municipalities in the District: Tyre, Arzoun, Bazouriyeh, Al Bayad, Al Borghliye, Al Ramadiyeh, Al Kneyseh, Al Bustan, Al Jebin, Al Hinniyeh, Al Haloussiyeh, Al Hmeyreh, Al Zaloutiyeh, Al Shatiyeh, Al Dhira, Al Kleyle, Al Majadel, Al Mansouri, Al Nafakhiyeh, Al Nakoura, Al Abassiyeh, Burj Rahal, Burj Al Shemali, Barish, Bedyas, Batouley, Jenata, Jbal Al Batm, Hanaweih, Deir Amess, Dardaghyah, Deir Keyfa, Deir Kanoun Rass, Deir Kanoun Al Naher, Zebkin, Reshkaneyna, Shameh Shehour, Shayhin, Seddikin, Srifa, Tayr Harfa, Tayr Daba, Tayr Felseyh, Toura, Aytit Alma Al Shaeb, Ain Baal, Qana Mrouhin, Maaroub, Mahrouneh, Maarakeh, Majdal Zoun, Mazraet Meshref, Yanouh, Yarin. Population: 400,000 (average between summer and winter) Area (km2): 418 km2 Climate: Tyre's climate is classified as warm and temperate. The winter months are much rainier than the summer months in Tyre. The average annual temperature is 20.2 °C. The rainfall averages 697 mm. Climate and Clean Air Coalition Municipal Solid Waste Initiative http://waste.ccacoalition.org/ 1 Main Economic Activities: Agriculture: South Lebanon is an important agricultural region, spreading from Sidon to Tyre where intensive agriculture is present in greenhouses. Greenhouse agriculture in South Lebanon covers an area of 6,277 ha, 78% of which is used for the plantation of fruits. Permanent agriculture land covers an area of 201,539 ha, 38.9% of which is used for planting olives, and 31.6% used for citrus fruits. The District of Tyre is considered one of the largest and most fertile coastal plains in the country and accounts for about 20% of the employment in the District in comparison to 8% in the whole country. -
May 5, 2006 Technical Revisions to the 2005 Barrier Option Supplement
May 5, 2006 Technical revisions to the 2005 Barrier Option Supplement The Foreign Exchange Committee (FXC), International Swaps and Derivatives Association, Inc. (ISDA), and EMTA, Inc. announce two technical revisions to the 2005 Barrier Option Supplement to the 1998 FX and Currency Option Definitions (“2005 Supplement”). The first revision suggests how to incorporate into a Barrier or Binary Option Transaction the terms of the 2005 Supplement. The relevant Confirmation of the Barrier or Binary Option Transaction should state that “the 1998 FX and Currency Option Definitions, as amended by the 2005 Barrier Option Supplement, as published by the International Swaps and Derivatives Association, Inc., EMTA, Inc., and the Foreign Exchange Committee are incorporated into this Confirmation.” For purposes of clarity, this provision has been added to Exhibits I and II to the 2005 Supplement, which illustrate how Barrier and Binary Options may be confirmed under the terms of the 2005 Supplement and the 1998 FX and Currency Option Definitions (“1998 Definitions”) (see the second paragraph and footnote 2 of each Exhibit). The revised Exhibits I and II are attached to this announcement. The second revision further describes the approach taken to the conventions for stating Currency Pairs in the Currency Pair Matrix that was published with the 2005 Supplement. The Matrix is provided as a best practice to facilitate the use of standard market convention when specifying the exchange rates relating to certain terms in a Confirmation of a Barrier or Binary Option Transaction that incorporates the provisions of the 2005 Supplement. The introductory statement to the Matrix has been revised to highlight that its conventions for stating currency pairs may be different from trading conventions. -
Exchange Rate Statistics
Exchange rate statistics Updated issue Statistical Series Deutsche Bundesbank Exchange rate statistics 2 This Statistical Series is released once a month and pub- Deutsche Bundesbank lished on the basis of Section 18 of the Bundesbank Act Wilhelm-Epstein-Straße 14 (Gesetz über die Deutsche Bundesbank). 60431 Frankfurt am Main Germany To be informed when new issues of this Statistical Series are published, subscribe to the newsletter at: Postfach 10 06 02 www.bundesbank.de/statistik-newsletter_en 60006 Frankfurt am Main Germany Compared with the regular issue, which you may subscribe to as a newsletter, this issue contains data, which have Tel.: +49 (0)69 9566 3512 been updated in the meantime. Email: www.bundesbank.de/contact Up-to-date information and time series are also available Information pursuant to Section 5 of the German Tele- online at: media Act (Telemediengesetz) can be found at: www.bundesbank.de/content/821976 www.bundesbank.de/imprint www.bundesbank.de/timeseries Reproduction permitted only if source is stated. Further statistics compiled by the Deutsche Bundesbank can also be accessed at the Bundesbank web pages. ISSN 2699–9188 A publication schedule for selected statistics can be viewed Please consult the relevant table for the date of the last on the following page: update. www.bundesbank.de/statisticalcalender Deutsche Bundesbank Exchange rate statistics 3 Contents I. Euro area and exchange rate stability convergence criterion 1. Euro area countries and irrevoc able euro conversion rates in the third stage of Economic and Monetary Union .................................................................. 7 2. Central rates and intervention rates in Exchange Rate Mechanism II ............................... 7 II. -
Countries Codes and Currencies 2020.Xlsx
World Bank Country Code Country Name WHO Region Currency Name Currency Code Income Group (2018) AFG Afghanistan EMR Low Afghanistan Afghani AFN ALB Albania EUR Upper‐middle Albanian Lek ALL DZA Algeria AFR Upper‐middle Algerian Dinar DZD AND Andorra EUR High Euro EUR AGO Angola AFR Lower‐middle Angolan Kwanza AON ATG Antigua and Barbuda AMR High Eastern Caribbean Dollar XCD ARG Argentina AMR Upper‐middle Argentine Peso ARS ARM Armenia EUR Upper‐middle Dram AMD AUS Australia WPR High Australian Dollar AUD AUT Austria EUR High Euro EUR AZE Azerbaijan EUR Upper‐middle Manat AZN BHS Bahamas AMR High Bahamian Dollar BSD BHR Bahrain EMR High Baharaini Dinar BHD BGD Bangladesh SEAR Lower‐middle Taka BDT BRB Barbados AMR High Barbados Dollar BBD BLR Belarus EUR Upper‐middle Belarusian Ruble BYN BEL Belgium EUR High Euro EUR BLZ Belize AMR Upper‐middle Belize Dollar BZD BEN Benin AFR Low CFA Franc XOF BTN Bhutan SEAR Lower‐middle Ngultrum BTN BOL Bolivia Plurinational States of AMR Lower‐middle Boliviano BOB BIH Bosnia and Herzegovina EUR Upper‐middle Convertible Mark BAM BWA Botswana AFR Upper‐middle Botswana Pula BWP BRA Brazil AMR Upper‐middle Brazilian Real BRL BRN Brunei Darussalam WPR High Brunei Dollar BND BGR Bulgaria EUR Upper‐middle Bulgarian Lev BGL BFA Burkina Faso AFR Low CFA Franc XOF BDI Burundi AFR Low Burundi Franc BIF CPV Cabo Verde Republic of AFR Lower‐middle Cape Verde Escudo CVE KHM Cambodia WPR Lower‐middle Riel KHR CMR Cameroon AFR Lower‐middle CFA Franc XAF CAN Canada AMR High Canadian Dollar CAD CAF Central African Republic -
Reforming the Monetary System of Lebanon: a Prerequisite to Getting out of the Debt Trap - Dr
Reforming the monetary system of Lebanon: A prerequisite to getting out of the debt trap - Dr. Georges Corm (Financial consultant and former Minister of Finance) - I. Monthly, Analysis Issue No 16, Oct 2003 Few analyses of the Lebanese financial and monetary system have focused on its strange and perverse main features. This system is largely responsible for the huge amount of debt that has plagued Lebanon since 1994-1995. It is true that we hear calls from time to time to devalue the Lebanese pound as a magic remedy for all our economic ills. But the social and political costs of liberating the price of the pound from the Central Bank administered exchange rate will be so high that it is doubtful that any government will take, by its own will, such a measure. Where would the decline of the pound stop if the Bank of Lebanon refrains, as it did in 1992, from administering the exchange rate? Wild speculation might bring a total collapse of our monetary and payment system. In fact, it is our feeling that the problem of the exchange rate of the Lebanese pound is not being tackled properly. The question is not the supposed overvaluation of the pound, because such an overvaluation cannot be calculated properly when the economy is largely dollarized, as is the case in Lebanon. In addition, there is no guarantee that a sharp devaluation of the pound will give a boost to our exports. In 1992, in spite of the pound declining from LL 850 to LL 2,800 to the dollar, our exports were not boosted. -
E Near East Forestry and Range Commission (NEFRC) Will Be Held in Beirut, Lebanon, from 11 to 14 December 2017
December 2017 FO:NEFRC/2017/Inf.1 E NEAR EAST FORESTRY AND RANGE COMMISSION TWENTY-THIRD SESSION Beirut, Lebanon, 11 - 14 December 2017 INFORMATION NOTE I. DATES AND VENUE 1. The Twenty-third session of the Near East Forestry and Range Commission (NEFRC) will be held in Beirut, Lebanon, from 11 to 14 December 2017. 2. The official opening ceremony of the NEFRC will take place at 09:00 a.m. on Monday, 11 December 2017. 3. The event will take place in Raouche Arjaan by Rotana Hotel, in Beirut. 4. The Raouche Arjaan by Rotana Hotel is located in the heart of Beirut, 10 minute walk from the Lebanese American University, Chouran Beirut, Lebanon; Tel: 00 961 (0) 1 781111; Fax: 00 961 (0) 1 782222. Email: [email protected] II. LANGUAGES 5. Simultaneous interpretation will be provided in Arabic and English. III. DOCUMENTATION 6. The commission documents will be made available to participants in Arabic, English and French. They will be sent out before the sessions and posted on the NEFRC Commission website: http://www.fao.org/forestry/31112/en/. Delegates are kindly requested to take their own documents to the meeting since very few copies will be available during the sessions. This document is printed in limited numbers to minimize the environmental impact of FAO's processes and contribute to climate neutrality. Delegates and observers are kindly requested to bring their copies to meetings and to avoid asking for additional copies. Most FAO meeting documents are available on the Internet at www.fao.org 2 FO:NEFRC/2017/Inf.1 IV. -
Lebanon: Syria Crisis ECHO FACTSHEET
Lebanon: Syria Crisis ECHO FACTSHEET shortage Facts & Figures Number of registered Syrian refugees in Lebanon: 1.07 million Number of Palestine refugees from Syria: 42 000 Number of Palestine refugees: 450 000 Number of Iraqi refugees: 6 000 (Source: UNHCR, UNRWA) Photo credit: UNHCR/Sara Hoibak Key messages Total European Commission funding for Lebanon since Lebanon is the neighbouring country hardest hit by the the start of the Syria crisis, hosting more than 1.1 million Syrian refugees. crisis: With other refugee communities also living there, Lebanon has Almost €552 million, the world’s largest number of refugees per capita. including Access to Lebanon by those fleeing the conflict in €269.1 million Syria has become close to impossible since the beginning of from the humanitarian 2015 with the enforcement of strict regulations by the budget for Syrian Government of Lebanon. refugees and host communities The European Commission commends the government and people of Lebanon for its generosity but it is increasingly concerned about the deteriorating protection space and Humanitarian Aid and living conditions of the most vulnerable refugees. An Civil Protection increasing number of refugees are being forced to become B-1049 Brussels, Belgium undocumented, which raises concerns over their ability to move Tel.: (+32 2) 295 44 00 and access services and exposes them to abuse and Fax: (+32 2) 295 45 72 email: harassment. [email protected] The European Commission is committed to continuing its Website: http://ec.europa.eu/echo support to Lebanon and the humanitarian community in providing assistance to Syrian refugees and vulnerable Lebanese. -
Tyre Organic Solid Waste Facility Tyre, Lebanon
Tyre Organic Solid Waste Facility Tyre, Lebanon Commencing operations in 2011, the Tyre compost facility is the first agitated bay facility in the Middle East. It is part of a larger complex that sorts recyclables and organics out of the Municipal Solid Waste (MSW) stream from the Municipality. The incoming MSW goes thru a bag opener and then 3” screening process. The >3” material is predominantly inorganics and conveyed to a manual picking station for recovery of recyclables such as glass, metals, etc… The <3” material is comprised of predominantly food Loading End of Compost Bays waste and other organics and conveyed to the compost facility. The compost facility incorporates ten 6.5 feet wide x 300 feet long bays using one 50 HP BDP agitator to co-compost @ 100 WTPD of organics. These organics vary daily in moisture content from 20% solids to 50% solids so it was critical that an agitated type compost system be utilized The compost portion of the facility is staffed by 3 full time employees and operates 7 days per week 8 hours per day. Average ambient temperatures at the facility range from 35F to 90F. A traditional wood chip type biofilter is used for odor control. The material undergoes 21 days of active composting in the bays. Afterwards the material is transferred to aerated Curing bunkers for a minimum of 45 days. The cured compost is then fine screened and sold to local farmers. Primary Compost @ 100 WTPD Organic Solid Materials Recovery (MRF) and Compost Facility Material Waste Key Characteristics 20% - 50% DS range. -
WM/Refinitiv Closing Spot Rates
The WM/Refinitiv Closing Spot Rates The WM/Refinitiv Closing Exchange Rates are available on Eikon via monitor pages or RICs. To access the index page, type WMRSPOT01 and <Return> For access to the RICs, please use the following generic codes :- USDxxxFIXz=WM Use M for mid rate or omit for bid / ask rates Use USD, EUR, GBP or CHF xxx can be any of the following currencies :- Albania Lek ALL Austrian Schilling ATS Belarus Ruble BYN Belgian Franc BEF Bosnia Herzegovina Mark BAM Bulgarian Lev BGN Croatian Kuna HRK Cyprus Pound CYP Czech Koruna CZK Danish Krone DKK Estonian Kroon EEK Ecu XEU Euro EUR Finnish Markka FIM French Franc FRF Deutsche Mark DEM Greek Drachma GRD Hungarian Forint HUF Iceland Krona ISK Irish Punt IEP Italian Lira ITL Latvian Lat LVL Lithuanian Litas LTL Luxembourg Franc LUF Macedonia Denar MKD Maltese Lira MTL Moldova Leu MDL Dutch Guilder NLG Norwegian Krone NOK Polish Zloty PLN Portugese Escudo PTE Romanian Leu RON Russian Rouble RUB Slovakian Koruna SKK Slovenian Tolar SIT Spanish Peseta ESP Sterling GBP Swedish Krona SEK Swiss Franc CHF New Turkish Lira TRY Ukraine Hryvnia UAH Serbian Dinar RSD Special Drawing Rights XDR Algerian Dinar DZD Angola Kwanza AOA Bahrain Dinar BHD Botswana Pula BWP Burundi Franc BIF Central African Franc XAF Comoros Franc KMF Congo Democratic Rep. Franc CDF Cote D’Ivorie Franc XOF Egyptian Pound EGP Ethiopia Birr ETB Gambian Dalasi GMD Ghana Cedi GHS Guinea Franc GNF Israeli Shekel ILS Jordanian Dinar JOD Kenyan Schilling KES Kuwaiti Dinar KWD Lebanese Pound LBP Lesotho Loti LSL Malagasy