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Lebanese economic crisis bank robberies and sit-ins, the Glossary

After Lebanese banks began to impose withdrawal limits in 2019, as part of the ongoing liquidity crisis, some of their depositors have resorted to a spate of bank robberies and sit-ins to recover their frozen money.^[1]

34 relations: Al Jazeera Media Network, Arson, Bank robbery, Bank run, Banque du Liban, Bloomberg News, Canadian Broadcasting Corporation, Capital control, Copycat crime, COVID-19 pandemic in Lebanon, Default (finance), Fixed exchange rate system, Hezbollah, L'Orient-Le Jour, Lebanese Civil War, Lebanese liquidity crisis, Lebanese pound, Molotov cocktail, Parliament of Lebanon, Ponzi scheme, Rami Ollaik, Robin Hood, Self-immolation, Sit-in, Syrian civil war, Taser, The Daily Telegraph, Tyre, Lebanon, United States dollar, WhatsApp, World Bank, 17 October Revolution, 2007–2008 financial crisis, 2020 Beirut explosion.
2022 in Lebanon
2022 in economic history
2023 in Lebanon
2023 in economic history
Economy of Lebanon
Politics of Lebanon

Al Jazeera Media Network (AJMN; The Peninsula) is a private-media conglomerate headquartered at Wadi Al Sail, Doha, funded in part by the government of Qatar.

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Arson

Arson is the act of willfully and deliberately setting fire to or charring property.

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Bank robbery

Bank robbery is the criminal act of stealing from a bank, specifically while bank employees and customers are subjected to force, violence, or a threat of violence.

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Bank run

A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future.

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Banque du Liban

Banque du Liban (مصرف لبنان; English: Bank of Lebanon) is the central bank of Lebanon. Lebanese economic crisis bank robberies and sit-ins and Banque du Liban are economy of Lebanon.

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Bloomberg News

Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms.

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Canadian Broadcasting Corporation

The Canadian Broadcasting Corporation (Société Radio-Canada), branded as CBC/Radio-Canada, is the Canadian public broadcaster for both radio and television.

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Capital control

Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account.

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Copycat crime

A copycat crime is a criminal act that is modeled after or inspired by a previous crime.

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COVID-19 pandemic in Lebanon

In Lebanon, the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 has resulted in 1,238,552 confirmed cases and 10,936 all-time deaths after COVID-19 was confirmed to have reached Lebanon in February 2020.

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Default (finance)

In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity.

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Fixed exchange rate system

A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold.

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Hezbollah

Hezbollah (Ḥizbu 'llāh) is a Lebanese Shia Islamist political party and paramilitary group, led since 1992 by its Secretary-General Hassan Nasrallah.

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L'Orient-Le Jour

L'Orient-Le Jour (The Orient-The Day) is a French-language daily newspaper in Lebanon.

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Lebanese Civil War

The Lebanese Civil War (الحرب الأهلية اللبنانية) was a multifaceted armed conflict that took place from 1975 to 1990.

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Lebanese liquidity crisis

The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine. Lebanese economic crisis bank robberies and sit-ins and Lebanese liquidity crisis are 2022 in Lebanon, 2022 in economic history, 2023 in Lebanon and 2023 in economic history.

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Lebanese pound

The lira or pound is the currency of Lebanon.

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Molotov cocktail

A Molotov cocktail (among several other names – see) is a hand-thrown incendiary weapon consisting of a frangible container filled with flammable substances and equipped with a fuse (typically a glass bottle filled with flammable liquids sealed with a cloth wick).

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Parliament of Lebanon

The Lebanese Parliament (translit, English "House of Representatives", Parlement Libanais) is the national parliament of the Republic of Lebanon. Lebanese economic crisis bank robberies and sit-ins and parliament of Lebanon are politics of Lebanon.

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Ponzi scheme

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.

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Rami Ollaik

Rami Ollaik (born 1972) is a Lebanese writer, political activist, attorney, and professor of beekeeping in the American University of Beirut (AUB).

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Robin Hood

Robin Hood is a legendary heroic outlaw originally depicted in English folklore and subsequently featured in literature, theatre, and cinema.

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Self-immolation

Self-immolation is the act of setting oneself on fire.

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Sit-in

A sit-in or sit-down is a form of direct action that involves one or more people occupying an area for a protest, often to promote political, social, or economic change.

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Syrian civil war

The Syrian civil war is an ongoing multi-sided conflict in Syria involving various state-sponsored and non-state actors.

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Taser

A TASER is a conducted energy device (CED) primarily used to incapacitate people, allowing them to be approached and handled in an unresisting and thus less-lethal manner.

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The Daily Telegraph

The Daily Telegraph, known online and elsewhere as The Telegraph, is a British daily broadsheet newspaper published in London by Telegraph Media Group and distributed in the United Kingdom and internationally.

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Tyre, Lebanon

Tyre (translit; translit; Týros) or Tyr, Sur, or Sour is a city in Lebanon, one of the oldest continuously inhabited cities in the world, though in medieval times for some centuries by just a small population.

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United States dollar

The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.

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WhatsApp (officially WhatsApp Messenger) is an instant messaging (IM) and voice-over-IP (VoIP) service owned by technology conglomerate Meta.

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World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.

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17 October Revolution

The 17 October Protests, commonly referred to as the 17 October Revolution or as Hirak were a series of civil protests in Lebanon that began after the Lebanese cabinet announced financial measures on 17 October 2019. Lebanese economic crisis bank robberies and sit-ins and 17 October Revolution are politics of Lebanon.

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2007–2008 financial crisis

The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression.

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2020 Beirut explosion

On 4 August 2020, a large amount of ammonium nitrate stored at the Port of Beirut in the capital city of Lebanon exploded, causing at least 218 deaths, 7,000 injuries, and US$15 billion in property damage, as well as leaving an estimated 300,000 people homeless.

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References

[1] https://en.wikipedia.org/wiki/Lebanese_economic_crisis_bank_robberies_and_sit-ins

Also known as Lebanese liquidity crisis bank robberies and sit-ins.

Lebanese economic crisis bank robberies and sit-ins, the Glossary

Table of Contents

See also

2022 in Lebanon

2022 in economic history

2023 in Lebanon

2023 in economic history

Economy of Lebanon

Politics of Lebanon

References