Protesters back on the streets in Lebanon

Lebanese protesters used sandbags and bricks Monday to block a main street outside the country’s central bank, protesting financial policies they say deepened a liquidity crunch.

Lebanon is facing its worst economic crisis in decades, with the local currency losing over 60% of its value to the dollar over the last weeks while sources of foreign currency have dried up. Meanwhile, banks imposed informal capital controls limiting withdrawal of dollars and foreign transfers in the country that relies heavily on imports of basic goods.

Panic has set in among residents who fear their deposits are in danger. Nationwide protests for three months have failed to pressure politicians to form a new government to institute drastic reforms.

Comments

Kenyan clergy should stand up to Al-Shabaab

Any time a devastating terror attack happens, religious leaders are very quick to mention that they don’t consider terrorists to be true Muslims. After the Dusit attack, Muslim leaders reiterated that such attacks are unacceptable, immoral and inconsistent with Human values and ethics. Deputy leader of SUPKEM said "we strongly condemn the barbaric and criminal tactic of perpetuating violence against innocent people" But some countries that have also been affected by this menace have decided to do more than just condemn. Countries in East Asia for example have declared ‘FATWA’(a ruling on a point of Islamic law given by a recognized authority) on terrorism, the aim being to reduce radicalism and militancy, and discourage sympathizers and patrons of militants from pursuing violent ways. North Eastern Kenya and coastal regions are totally being deprived of crucial services like education because of Al-Shabaab’s relentless attacks on learning institutions and teachers. Recently...

Hadith of The Day

Narrated Abū Sa'id: I heard the Prophet ﷺ saying, "Indeed, anyone who fasts for one day for Allāh's Pleasure, Allāh will keep his face away from the (Hell) fire for (a distance covered by a journey of) seventy years." ▪Saheeh al-Bukhārī 2840 ...

Al-Shabaab assassinates a Banana vendor

The radical group Al-Shabaab that operates mainly in Somalia has claimed responsibility for the assassination of a trader who sells Bananas. The deceased who was named as Hilowle Aboor was a famous trader at Boocle market in Mogadishu, Somalia where he sold bananas, the same market that he was shot dead on February 4, 2019. Al-Shabaab claimed that Mr. Aboor was an undercover officer for the Somali government. The security agencies did not comment about the claims of Al-Shabaab and whether one of their men was killed. The group also claimed responsibility for another assassination that happened at the same night but did not give any explanation as to who he was and why they killed him. The terror group carries out assassinations in Mogadishu almost on daily basis.

Taqwa Media

Search This Blog