Disclaimer: This is a work of fiction. Any similarities between actual people and events is purely coincidental. A version of this article was first published in Arabic in Akhbar newspaper October 14, 2019. ββββββββββββββββββββββββββββββββββββ βIf you want to understand a man, walk a mile in his shoes.β Riad Salameh sat in his plush [...]
Dan Azzi
[This article was first published in An-Nahar in July 2019] I know what youβre thinking β my editor missed a typo and the title should be βDevaluation of the Lebanese Lira.β Itβs pretty clear, with the balance of payment (BoP) deficit (binging on imports, i.e. US dollars leaking outside the country month after month); that weβre heading [...]
Dan Azzi
[First published in An-Nahar and Yerepouni News on July 14, 2019] BEIRUT: ββ¦ We have a new product for deposits with a minimum of $20 million, paying a 14% annual rate β¦ but now weβre opening this great offer for the general population at much smaller amounts, but only for dollars coming from outside Lebanon β¦. We put your money with the [...]
Dan Azzi
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