Aztag Daily coque iphone 5se silicone noir Editor Discusses Supporting Lebanon
Lebanon is grappling with its worst economic crisis in decades. The Lebanese pound, for many years pegged to the US dollar has significantly lost its value, leading to wide scale inflation and unemployment.
At coque iphone 7 bleu transparent 150 percent, Lebanon has thethird highestpublic debt to gross domestic product (GDP) ratio in the world. According to official statistics, in August last year unemploymentstood at 25 percent, although numbers have sharply risen since. It is estimated thatalmost halfthe population now lives below the poverty line.
As an integral part of Lebanese society, the Lebanese Armenian community has also been significantly impacted by this severe economic decline, coupled with an increasingly deepening political crisis. In this interview with Shahan Kandaharian, editor in chief of Aztag Daily the publication of the Armenian Revolutionary Federation (ARF) in Lebanon we delve into this interrelated political and economic crisis, its impact on the Armenian community and what you can do to help.
Houry Mayissian: Lebanon has faced its fair share of economic and political coque iphone 7 baby groot turmoil. However, the current economic crisis has plunged the country into a new low and unprecedented hardship for a significant proportion of the population. How is the current crisis different
Shahan Kandaharian:The current economic crisis in Lebanon is connected to the pressures and challenges faced by the country’s banks. In the absence of other industries such as mining, large scale production and tourism, Lebanon’s banking system has been one of the coque iphone 7 plus 0 3 mm main pillars of the country’s economy. Facilitating this have been the principles of easy and free money transfers, as well as account anonymity. This has largely encouraged coque samsung s6 foreign investment over the years.
In recent months, banks started imposing restrictions on the amount of US dollar transfers and withdrawals. Details previously not requested were made mandatory. These were the first steps in a gradual tightening of conditions ultimately leading to a significant devaluation of coque iphone 8 bd the Lebanese Pound, which for years and throughout many political and economic ordeals had maintained coque iphone 8 étanche its stability against the US dollar.
The government has tried to adopt certain economic measures to help stabilize the Lebanese pound against the US dollar. However, their efforts haven’t borne fruit, coque huawei pro coque iphone 5s paillette silicone because the exchange rate that is being set is often not being implemented on the black market due to a significant shortage of and demand for the US dollar. This is highly problematic in a country with a “dollarized” economy. The US dollar has been used interchangeably with the national currency for many years, and even salaries for many employees are set against the US dollar. The result has been skyrocketing inflation and unemployment, and predictions for the future are quite dire.
Of course, there is the political context to all of this. In today’s highly interconnected political and economic world order, any country that dares to “come out of line” becomes, in coque iphone 6s plus ivoler the first instance, subject to economic sanctions. Lebanon is currently under economic siege. The first is related to the political neutralization of Hezbollah, the Iran backed, anti Israeli Lebanese political party. US Secretary of State Mike Pompeo and various American delegations that have visited Lebanon in recent times have clearly indicated that an organization they consider to be terrorist coque iphone 6 avant et arrière should not be represented in Lebanese government and politics.
The second issue is the Israeli Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean, including demarcation, drilling and usage rights.
The third relates to Trump’s so called”deal of the century,”also known as his Middle East peace plan, which refuses Palestinian refugees the “right of return” to homes lost to Israel in previous conflicts. While Lebanon is not explicitly mentioned in the plan, the country has a significant number of Palestinian coque samsung note refugees, many of whom remain stateless.
As you can see, all three issues are related to Lebanon’s relations with the state of Israel, in an agenda coque lumineuse iphone 8 that is being driven by Washington. Unfortunately, for now there seems to be no prospect that the ensuing economic and financial embargo might coque iphone 6s jaune silicone end any time soon. Initially peaceful, these protests turned violent. At first they focused on social issues and were largely peaceful, with people gathering to sing, eat and dance together. This movement encompassed groups that subscribe to different political ideologies and agendas from the far left and coque iphone 7 a fourrure the environment to the far right.
However, it did not take long for these protests to turn political, with demands for snap parliamentary elections, the resignation of the government and the abolition of Lebanon’s confessional system. In this regard, it started to seem like they were part of a bigger plan or welkoo coque iphone 7 agenda that is being pushed forward. The methods the protestors were using also changed, increasingly becoming more violent and reverting to hooliganism, the destruction of shops, cars, etc.
Yielding to pressure, the government resigned in late October, paving the way for a government made of technocrats, who were not members of any political party a key demand by the protestors. Nonetheless, this transition to a technocratic government was only partial, as new government members had their political and religious affiliations and loyalties.
It was under these conditions that Lebanon reported its first case of COVID 19 in early February. It should be said that while the pandemic became another challenge for the country to grapple with, the enforced strict lockdown somewhat stabilized the political situation in the country.
Of course, it was to be expected that as life starts returning to normal post COVID 19, these protests would restart and we’ve been seeing this in recent weeks. In these renewed protests, Hezbollah’s disarmament is also becoming a theme. It seems that new fault lines are appearing in Lebanese society and politics, aligned coque iphone 6 rapeur with a shifting geopolitical order on a wider scale. While we don’t have official statistics, alarming figures are often being reported regarding unemployment trends. coque iphone 5s premium While some of these figures may be exaggerated, on a daily basis we are witnessing the closure of many companies, shops and workplaces, paving the way to rampant unemployment.
Community organizations are also bearing the brunt as declining income levels have led to staff cuts and shift reductions. The impact on community organizations is very important and cannot be emphasized enough. The Lebanese Armenian community has provided a unique environment for the development of human resources through our many community schools, the only Armenian university in the world (Haigazian University), the Hamazkayin Higher Institute of Armenian Studies, as well as the Catholicosate of Cilicia, through its spiritual and religious education.
VIEW GALLERY: Volunteers in Lebanon prepare packages for Armenian families
This is also true for the preparation of political cadres specially through the ARF and its affiliated structures and organizations. Our professionally staffed offices such as the youth affairs office, and publications such asPakin,Gaydzer,Troshagand others have played a unique role in this regard.
Our community and party organizations and structures are characterized by a level of professionalism that is unique to the community. When these organizations are impacted by the economic crisis and if this ultimately leads to cuts or downsizing, then this process of developing human resources will also be affected. In this regard, supporting our community and its organizations should also be a pan Armenian, pan Diasporan and pan ARF agenda, because the cadres developed here have not only served our own community but the worldwide Diaspora.
The Diaspora’s coque huawei p10 support is essential to ensure we can keep up this mission. The Lebanese Armenian coque iphone 6 harley quinn et joker Diaspora has a key role to play, as it knows very well the impact and capabilities of our community in preparing manpower for the entire Diaspora.
It is a very, very tough time, and as I mentioned before it is difficult to visualize how we can come out of this crisis. The donation drives that are being organized outside of Lebanon are critical. They should not be seen only as a contribution to the Lebanese Armenian community, but as an investment in the development of human resources for the entire Diaspora. The Committee was formed in the initial days of the pandemic to educate community members, assist in prevention efforts, coque autres galaxy samsung distribute protective gear such as masks, sanitizers, etc. The Committee also assisted with the medical needs of infected community members…