Shadow Trade: Smuggling’s Winners, Losers & Enduring Dynamics
Why illegal cross-border commerce is so hard to stop.
Why illegal cross-border commerce is so hard to stop.
For most people there are only two certainties in life: death and taxes. In Lebanon the wealthy really only need to worry about the former. The state’s exceptionally weak tax and revenue structures mean the tax burden largely falls upon middle and lower classes –...
Our infographic simplifies the mess by framing the crisis around three crucial problems–infrastructure, politics, and the law–and the consequences that each of these generates. Our hope is that by understanding Lebanon’s messy electricity problems, we can collectively...
Legal loopholes and self-interested gatekeepers will likely prevent justice from running its course
The border demarcation issue with Israel is hardly the only one that needs to be resolved. So far, there has been only limited exploration with limited evidence of hydrocarbon reserves. Energy firms may prove wary to invest in a volatile climate such as Lebanon’s, as...
An investigation by Badil reveals previously unknown details of Lebanon’s Eurobond default and how the banking sector manipulated it to facilitate billions of dollars in foreign transfers.