Pinned Tweet
The dysfunctional Lebanese political system is an indication of the continuous failure of its politicians to broker agreements that equally preserve their interests. It's not about the failure of the ppl of "cohabiting". So don't talk in general terms about Christians & Muslims.
1
Zako retweeted
Open invitation: how do we establish a #BeirutLeaks similar to the Luanda leaks that helped uncover how Isabel dos Santos (daughter ex-Pres of Angola) become Africa's richest woman? @BeirutMadinati @finance4lebanon @loubnanouna1 @lebfinance @hrw @anticorruption @YourAnonCentral
Zako retweeted
Lebanese banks release as few USD and LBP as possible, to protect both their cash reserves and the exchange rate. But lack of liquidity is killing the economy—consumption, trade, jobs—in ways that reinforce an old trope: serving the financial sector at the expense of all else
Zako retweeted
That is not a problem.We should start debt restructuring negotiations now, given high yields & CDS rates. Foreign holders are mainly hedge funds & vulture capital funds.Why should we pay from the accumulated wealth of Lebanese so someone (inc policy makers)can make a quick buck ?
This Post is from an account that no longer exists. Learn more
Zako retweeted
Correct. This should be widely communicated and understood. The measure undermines the ‘equitable sharing of the burden of adjustment’. You should quantify the costs as they are substantial.
Zako retweeted
Rearranging the deck chairs on the Titanic is too generous a description for this nonsense.
They're arguing over which deck chair belongs to which person, and who gets to have the best view of the iceberg.
Zako retweeted
ابنة رئيس الجمهورية...
#جبران_باسيل (صهر رئيس الجمهورية) اذا صار نائب ما بيطلع وزير...
#التيار_القوي بالحكي 🤷♀️
In Lebanon, they think a river is a Black Hole...
