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  • Rina Shah
    Rina Shah “Protests in US universities are a display of democracy in action, a welcome sight in an election year marked by concerns of voter apathy chiefly due to Israel's war on Gaza. So when I see a movement like this of students taking peaceful, non-violent action and expressing their concern about the US government backing of Israel, of where our tax money is going, I think that's extremely healthy. These students are out there concerned about America's role in backing Benjamin Netanyahu. On the one hand, we are supplying weapons and funds to do what he wants to do in Gaza, while on the other we are sending humanitarian aid to Gaza. This is the hypocrisy these students are concerned about.” 6 hours ago
  • Thomas Friedman
    Thomas Friedman “But revenge is not a strategy. It is pure insanity that Israel is now more than six months into this war and the Israeli military leadership - and virtually the entire political class - has allowed Netanyahu to continue to pursue a 'total victory' there, including probably soon plunging deep into Rafah, without any exit plan or Arab partner lined up to step in once the war ends. If Israel ends up with an indefinite occupation of both Gaza and the West Bank, it would be a toxic military, economic and moral overstretch that would delight Israel's most dangerous foe, Iran, and repel all its allies in the West and the Arab world.” 6 hours ago
  • Volodymyr Zelenskiy
    Volodymyr Zelenskiy “Of course, I'm grateful to all of our partners who have helped us with air defence: each air defence system and each air defence missile is literally saving lives. It's important that everything works out as quickly as possible: every new agreement with our partners to strengthen our air defence, every initiative from Ukraine's friends to help us, particularly with finding and supplying Patriot [anti-aircraft missile systems]. Ukraine needs at least seven [Patriot] systems. Our partners have these Patriots. Russian terrorists can see that unfortunately our partners aren't as determined to protect Europe from terror as they are to do so in the Middle East. But [our partners] can give us the air defence systems that we need. We mustn't waste time: we need to signal determination.” 10 hours ago
  • Antony Blinken
    Antony Blinken “I saw that Huawei just put out a new laptop that it boasted was AI capable, that uses an Intel chip. I think it demonstrates that what we're focused on is only the most sensitive technology that could pose a threat to our security. We're not focused on cutting off trade, or for that matter containing or holding back China.” 15 hours ago
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Lebanon economy

Page with all the IPSEs stored in the archive related to the Context Lebanon economy.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“The current ban from Saudi Arabia has now directly hit around $250m worth of exports. That's huge for Lebanon. That's a lot for Lebanon. Look, to be very clear, on an industrial level this is a huge thing. We were starting to take advantage of the Saudi ban on Turkish products - they are very big competitors. Our target for 2022 was to move to $500m in exports to Saudi Arabia.”

author
CEO of Polytextile and a board member of the Association of Lebanese Industrialists
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“The situation remains a living nightmare for ordinary people, causing unspeakable suffering and distress for the most vulnerable. Starvation has become a growing reality for thousands of people. Today, we estimate that more than one million Lebanese need relief assistance to cover their basic needs, including food.”

author
United Nations Resident and Humanitarian Coordinator for Lebanon
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“Lebanon, as a shareholder in the IMF [International Monetary Fund], has special drawing rights. The more than $1bn Lebanon has withdrawn is definitely a lifeline, but the question is how the government will spend it. Will it continue subsidising goods, a policy which has been criticised because it has led to smuggling and importers hoarding fuel and creating a black market? Or will it use this money to support half a million families, vulnerable families who are desperately in need of $100 cash assistance every month? The economy has collapsed. More than 80 percent of the population is poor. The currency has collapsed. There are a lot of challenges ahead. But that $1bn - of course it will help - but that is a short term solution. What this government needs to come up with is a sustainable path to recovery.”

author
Al Jazeera’s journalist reporting from Beirut
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“The newly formed government is expected to, first and foremost, soften the blow out of concern by the sectarian ruling elite - the usual suspects. The popularity of the ruling political class has severely declined in the wake of the economic crisis. The government will claim credit for the increase in [state] electricity supply. And it could tap into a couple billion dollars of international loans as a result of some cosmetic reforms it might implement to provide medication and fuel.”

author
Political analyst
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“Will there be the courage to undertake these reforms [bringing public finances into order, rehabilitating the banking system and restructuring public debt]? I doubt it. The policymakers seem to be interested in tiding things over and kicking the can down the road until elections next year. You need immediate reforms. You need shock therapy to restore confidence. You need immediate reforms. You need shock therapy to restore confidence.”

author
Former economy minister and central bank vice governor
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“How can a soldier support a family with a salary that does not exceed $90? Where are we going? What are you waiting for? What do you plan to do? We have warned more than once of the danger of the situation.”

author
Lebanese army chief
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“I tell the Lebanese who are suffering from hardships to the point of despair that I am determined to work to stop the collapse that is threatening our economy, our society and security.”

author
Prime Minister of Lebanon
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“We can’t fight COVID and at the same time keep looking behind our backs to see whether I have enough financial and material resources. I doubt anybody has any long-term strategy. We are doing it one fight at a time, and we are surviving one day at a time. Generators can’t run on empty, without fuel. Hospitals can’t run without financing.”

author
Director general of Rafik Hariri University Hospital in Beirut
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