Economic collapse
37 events
- 21 November 2013The Rhosus enters Beirut port with 2,750 tons of ammonium nitrateOn 21 November 2013 the Russian-chartered, Moldovan-flagged ship "Rhosus" docked at the port of Beirut, coming from…
- 23 October 2014The ammonium nitrate unloaded into Hangar 12By decision of the Beirut judge of urgent matters (429/2014) on 26 September 2014, the unloading of the cargo and its…
- June 2016The Banque du Liban "financial engineering"From 2016 the governor of the Banque du Liban, Riad Salameh, launched what were called the "financial engineerings":…
- 17 October 2019The October protestsOn 17 October 2019 demonstrations broke out in every region after a proposed tax on WhatsApp calls, and turned into an…
- 18 October 2019Hariri's 72-hour speechOn 18 October 2019, the second day of the uprising, Saad Hariri gave his partners in the government 72 hours to accept…
- 25 October 2019Nasrallah: we will not allow the presidency to fallOn 25 October 2019, in his second speech during the uprising, Sayyed Hassan Nasrallah declared that Hezbollah would not…
- 29 October 2019Attack on the protesters' tents in central BeirutAt noon on 29 October 2019 supporters of Hezbollah and the Amal Movement attacked the sit-in in Martyrs' Square and…
- 1 November 2019Banks close and informal capital controls beginIn November 2019, after a two-week closure since 17 October, the banks reopened with unlawful restrictions on…
- 21 February 2020Covid-19
- 7 March 2020Lebanon defaults on its EurobondsOn 7 March 2020 Hassan Diab announced the suspension of payment on 1.2 billion dollars of Eurobonds due on 9 March, the…
- 28 March 2020Nasrallah: Covid is a "humanitarian battle"
- 21 April 2020Circular 151: the "lollar" at 3,900
- 30 April 2020The government recovery plan and the start of IMF talksOn 30 April 2020 Hassan Diab's government approved a recovery plan estimating the losses at some 241 trillion lira and…
- 14 May 2020Cabinet orders seizure of goods smuggled to Syria: subsidised fuel and flour
- 17 June 2020The Caesar Act comes into force
- 4 August 2020The port explosionOn 4 August 2020, 2,750 tonnes of ammonium nitrate stored in hangar 12 of the port of Beirut since 2014 exploded,…
- 6 August 2020Macron's post-explosion visit and the French initiativeOn 6 August 2020, two days after the port explosion, Emmanuel Macron visited Beirut and walked through Gemmayzeh amid…
- 7 August 2020Nasrallah after the port explosion: "no arms, no missiles at the port"On 7 August 2020, three days after the port explosion, Sayyed Hassan Nasrallah denied any presence of the party's…
- 10 August 2020Hassan Diab steps downOn 10 August 2020, six days after the port explosion and angry demonstrations, Hassan Diab's government resigned after…
- 3 September 2020Schenker in Beirut meets protest activists and skips officialsOn 3 and 4 September 2020, a month after the port explosion, the US assistant secretary of state for Near Eastern…
- 26 September 2020Mustapha Adib steps down; the French initiative stallsOn 26 September 2020 Mustapha Adib stepped down from forming the government after a dispute over the finance portfolio,…
- 2 March 2021The dollar passes 10,000 liraOn 2 March 2021 the dollar passed 10,000 lira on the parallel market, and protests and road closures broke out in every…
- 23 April 2021Saudi Arabia bans Lebanese produce over Captagon smuggling
- 1 August 2021The Khalde clashes: a Hezbollah funeral attackedOn 1 August 2021 gunmen from Arab clans in Khalde opened fire on the funeral procession of a Hezbollah member killed in…
- 11 August 2021Fuel, power and medicine shortages
- 15 August 2021The Tleil explosion
- 16 September 2021The Iranian fuel shipsHezbollah's bringing in of the Iranian ships (diesel) in defiance of the American embassy and Israel. On 13 September…
- 11 October 2021Nasrallah attacks the judge Tarek BitarOn 11 October 2021 Sayyed Hassan Nasrallah accused the judicial investigator into the port explosion, Tarek Bitar, of…
- 12 October 2021The Tarek Bitar crisisOn 12 October 2021 the dispute in the cabinet over the judicial investigator Tarek Bitar erupted after he summoned…
- 14 October 2021The Tayouneh eventsOn 14 October 2021 shots were fired at a demonstration by Hezbollah and Amal outside the courthouse demanding Judge…
- 29 October 2021The Kordahi affair: Saudi Arabia expels Lebanon's ambassador and halts importsOn 29 October 2021, after the broadcast of an interview recorded before his appointment in which the information…
- 7 April 2022Staff-level agreement with the IMFOn 7 April 2022 Lebanon and the IMF reached a staff-level agreement on a three-billion-dollar programme over four…
- 12 May 2022Schenker at the Washington Institute: Jammal Trust sanctions timed after Moody's, and using the October 17 movement against HezbollahAt a virtual Washington Institute panel on 12 May 2022 titled "Hezbollah, Shia Dynamics and Lebanon's Elections", on…
- 11 August 2022The Alvarez & Marsal forensic audit of the central bank
- 14 September 2022Depositors storm the banks: the Sali Hafez case
- 16 May 2023French arrest warrant for Riad SalamehOn 16 May 2023 the French judiciary issued an international arrest warrant for the Banque du Liban governor Riad…
- 31 July 2023Salameh's term ends; Mansouri takes over as acting governorOn 31 July 2023 Riad Salameh left the Banque du Liban after thirty years without a successor being appointed, and the…