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Edition of Wednesday, 28 October 2026English edition
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The Geopolitician

Country risk, from the local press

Lebanon · Country watch

Beirut Airport Power Outage, USD Gains on Euro

Beirut's airport faces power outage, impacting logistics; USD strengthens against Euro, affecting currency exchange rates.

· · 3 articles read

The picture Deteriorating How this is judged →

Business conditions in Lebanon are deteriorating due to a power outage at Beirut Airport, affecting logistics and tourism. The USD's strength against the Euro adds financial pressure on importers.

Flare-up watch: Calm (−0.2) · How this is judged → · All Lebanon briefings →

In this briefing Rafic Hariri International Airport · Electricité du Liban · US dollar · Euro · British pound · Gold

Disruption

  • Logistics
  • Tourism

Beirut Airport Faces Power Outage, Uses Generators

Aerial view of Beirut Airport
Aerial view of Beirut Airport — Ian Lim, GFDL 1.2 via Wikimedia Commons

Beirut's Rafic Hariri International Airport has been without power from the national grid since this morning, relying on backup generators to maintain operations, according to Leb Economy. The airport management has repeatedly contacted the Electricité du Liban for assistance but has not received a response. The outage affects various airport facilities and equipment, potentially disrupting logistics and passenger services.

Impact Logistics and tourism operators face potential delays and increased operational costs due to the power outage at Beirut Airport.

Sources: Leb Economy ↗, An-Nahar النهار ↗

Markets

  • Finance

USD Strengthens Against Euro and Pound

Current Federal Reserve Notes as of June 2018
Current Federal Reserve Notes as of June 2018 — US Federal Reserve, Public domain via Wikimedia Commons

The US dollar has strengthened against the euro and the British pound, driven by investor anticipation of central bank interest rate decisions, particularly from the US Federal Reserve, reports Leb Economy. The euro fell by 0.33% to 1.1136 USD, while the pound decreased by 0.19% to 1.3317 USD. The dollar index rose by 0.27% to 102.29 points in Tuesday's trading.

Impact Currency exchange operations and importers in Lebanon face higher costs as the USD strengthens against the euro and pound.

Sources: Leb Economy ↗

  • Finance

Gold Prices Drop 0.4% Amid Inflation Concerns

Gold prices fell by 0.4% to 4040.32 USD per ounce in global markets today, influenced by rising oil prices and renewed inflation concerns, according to Leb Economy. Investors are closely watching the upcoming decision by the US Federal Reserve on interest rates for guidance on future monetary policy directions.

Impact Gold traders and financial analysts in Lebanon see reduced gold prices, impacting investment strategies.

Sources: Leb Economy ↗

Nothing significant reported today in Regulation · Internal tension · Safety & health · Companies · Trade · Politics.

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Sources: each headline links to the original article on the publisher's site.

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