@Chuck_Huber@halimshebaya Banks' restrictions on cash withdrawals means everyone wants to use CCs, but business owners have the same restrictions and therefore are ending up with money stuck in the bank.
Apple is donating to relief organizations that are helping with immediate needs and long-term support in Beirut. We grieve with the people of Lebanon, our employees and all those affected by the tragedy.
"You are sitting with warlords, they have been manipulating us for the past year"
A woman confronts French President Emmanual Macron in Beirut
He embraces her and says: "I'm not here to help them, I'm here to help you"
https://t.co/kWGQxTr6rF
I revealed it at the USJ lecture last November, from data from (among others) Toufic Gaspard (live on national TV). #RiadPonzi then launched a smear campaign.
https://t.co/Z6ijEEg9dg
Lazard presentation: government will protect 90% of depositors, who have $13bn in total, and will haircut 61% on all depositors above $100k (total deposits $102bn) to be able to close the $62.4bn losses of banks resulting from investing your money at BDL.
Good news from Lebanon. This is the cabinet meeting in early March (when Boris & Trump had their full mugs exposed). They acted quickly. They have <20 death (~4.5 mil) 100 times less than than NY.
Acting quickly pays. And wear your fucking mask!
@dan_azzi Thx Dan! How do haircuts differ from the fx move? Is this effectively a double haircut in the soft/med scenarios? Also, if they force fx @ 2,000, wouldnt that create a USD influx (pushing the rate further up) or will banks allow depositors to switch back at the new official rate?
As promised, I’ll send one De Ligt shirt to a lucky winner.
Winner announced this Saturday. No need to follow, just RT to enter. I’ll contact the winner to get a size and a shipping address. Good luck :)