Ep.294 (Video): Finance & Journalism with Kabalan Farah

0:00 Intro 4:12 Transition 9:08 Today 14:47 Fluctuation 18:55 IMF Deal 27:15 What happens? 30:47 Mistakes 37:11 Looking Back 45:54 Rentier Economy 50:36 Haircut 54:45 Capital Controls 55:45 State Assets 1:02:31 Price We're with Kabalan Farah for Episode 294 of The Beirut Banyan. Click to watch: https://youtu.be/PFQWLa3iPOs We discuss Kabalan's transition from navigating the financial markets to reporting on Lebanon's crippling economic crisis. We look back at lack of fiscal policy / mistakes made in the years leading up to 2019, and the potential for crisis management, stabilization and lasting reform lost in the months following October 17. We also talk about a de facto haircut, capital controls and the future of state assets. Kabalan Farah is a finance reporter at L'Orient Today. Check out his latest piece, 'A new peg in the works?': https://today.lorientlejour.com/article/1288334/a-new-peg-in-the-works.html Help support The Beirut Banyan by contributing via PayPal: https://www.paypal.me/walkbeirut Or donating through our Patreon page: https://www.patreon.com/thebeirutbanyan Subscribe to our podcast from your preferred platform. Follow us on Facebook, Instagram & Twitter: @thebeirutbanyan And check out our website: www.ronniechatah.com Music by Marc Codsi. Animation & illustration by Sana Chaaban.