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I read this headline, and thought.... How disappointing (and unsurprising) that Lebanon is not included in this group. That country has suffered so much recen
by IG_Semmelweiss 6y ago
I read this headline, and thought....
How disappointing (and unsurprising) that Lebanon is not included in this group.
That country has suffered so much recently, COVID, Economic Depression, Bank Holiday, Syrian Refugee crisis, Explosions...
and yet their politicians can't seem to do 2+2. Horrible.
- heywherelogingo 6y agoBank holiday?
- IG_Semmelweiss 6y agoits the most logical translation into english language of the government-mandated action that closes bank depositor windows at the start... or during a bank run... prior to a major currency devaluation. This is true at least in french, portuguese, and spanish. I understand the problem that a "bank holiday" in the US is actually used to identify a federal holiday. I don't think this expression has been used a lot in recent times (in anglo nations) since there hasn't been hyperinflation in US, UK...but there is a record of such expression : https://en.wikipedia.org/wiki/History_of_the_United_States_(1918%E2%80%931945)#%22Bank_holiday%22_and_Emergency_Banking_Act https://en.wikipedia.org/wiki/History_of_the_United_States_(...
- gelert 6y agoThe expression "Bank Holiday" is actually really common in the UK - I would expect most brits to know it. We use it to refer to a public holiday in which the banks are closed, there are quite a few every year. It has very positive connotations here.
- mariksolo 6y agoBank Holiday is an American thing too. FDR declared one in response to bank runs in the Great Depression.
- notsureaboutpg 6y agoIsrael is the country with all the power in this deal. They would never allow Lebanon in on this, especially while they have elected Hezbollah party members in parliament (and growing in popularity).