{"id":552582,"date":"2022-09-14T13:22:23","date_gmt":"2022-09-14T13:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/lebanon-is-seeing-a-spate-of-bank-robberies-as-people-try-to-get-their-own-money-but-lets-have-a-moment-of-silence-for-the-bnaires\/"},"modified":"2022-09-14T13:22:23","modified_gmt":"2022-09-14T13:22:23","slug":"lebanon-is-seeing-a-spate-of-bank-robberies-as-people-try-to-get-their-own-money-but-lets-have-a-moment-of-silence-for-the-bnaires","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/lebanon-is-seeing-a-spate-of-bank-robberies-as-people-try-to-get-their-own-money-but-lets-have-a-moment-of-silence-for-the-bnaires\/","title":{"rendered":"Lebanon is seeing a spate of bank robberies as people try to get their own money, but let\u2019s have a moment of silence for the b\u2019naires"},"content":{"rendered":"

<\/a> How bad is Lebanon\u2019s banking crisis? People are robbing banks \u2014 to get their own<\/strong> money:<\/strong> Two armed Lebanese citizens entered two separate banks in Lebanon today to retrieve money from their own accounts, which have been frozen since the country spiraled into a financial crisis in 2019, Reuters<\/a> reports. The two incidents were apparently not connected to each other. One woman managed to retrieve USD 13k from her account and walked out following a \u201cbrief hostage situation<\/a>,\u201d while another man entering a different bank got his hands on \u201ca portion of his money before he handed himself over to security forces and was detained.\u201d<\/p>\n

Meanwhile, please bring out the world\u2019s smallest violin for the world\u2019s richest b\u2019naires<\/strong>, who lost a combined USD 93 bn yesterday, recording their ninth-worst daily drop after US stocks suffered their worst day since June 2020 on the back of higher-than-expected August inflation figures, Bloomberg<\/a> reported, citing its bn\u2019aire index. The S&P 500 index tumbled 4.3% and the tech-heavy Nasdaq fell 5.2% yesterday on the news. This comes shortly after the bn\u2019aires\u2019 combined fortune dropped USD 1.4 tn in July<\/a>.<\/p>\n

Who lost what? <\/strong>Jeff Bezos topped the losers list, seeing his net worth drop USD 9.8 bn to USD 150 bn \u2014 but remains the second wealthiest person in the world. Elon Musk followed with a USD 8.4 bn loss, but remains the world\u2019s richest person with a USD 256 bn fortune.<\/p>\n

The bigger picture: <\/strong>The world\u2019s 500 richest have lost a combined USD 1.2 tn since the beginning of the year. Mark Zuckerberg and Binance CEO Changpeng Zhao both lost more than half of their net worth.<\/p>\n","protected":false},"excerpt":{"rendered":"

How bad is Lebanon\u2019s banking crisis? People are robbing banks \u2014 to get their own money: Two armed Lebanese citizens entered two separate banks in Lebanon today to retrieve money from their own accounts, which have been frozen since the country spiraled into a financial crisis in 2019, Reuters reports. The two incidents were apparently […]<\/p>\n","protected":false},"author":1,"featured_media":552583,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[637,633,638,670,108],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-552582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-elon-musk","tag-enterprisepm","tag-for-your-commute","tag-jeff-bezos","tag-lebanon","wpautop","entry"],"acf":{"mongo_id":"1c24ac92-5079-4e41-8bc8-b2a892443d65","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/506.jpg","photo_position":"above","related_issue":[552578],"teaser":"","voice_url":""},"yoast_head":"\nLebanon is seeing a spate of bank robberies as people try to get their own money, but let\u2019s have a moment of silence for the b\u2019naires - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/lebanon-is-seeing-a-spate-of-bank-robberies-as-people-try-to-get-their-own-money-but-lets-have-a-moment-of-silence-for-the-bnaires\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lebanon is seeing a spate of bank robberies as people try to get their own money, but let\u2019s have a moment of silence for the b\u2019naires\" \/>\n<meta property=\"og:description\" content=\"How bad is Lebanon\u2019s banking crisis? 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Confirming original\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/606.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567424,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/22\/three-banks-interested-in-bank-audi-egypt-sources\/","url_meta":{"origin":552582,"position":1},"title":"Three banks interested in Bank Audi Egypt -sources","author":"enterpriseam admin","date":"22 January 2020","format":false,"excerpt":"M&A WATCH- Three banks interested in Bank Audi Egypt: First Abu Dhabi Bank (FAB), the National Bank of Kuwait, and Emirates NBD have expressed interest in acquiring Bank Audi\u2019s Egypt unit but have yet to make official bids, banking sources told Masrawy. Audi said last week that it was in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565778,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/blom-bank-is-one-step-closer-to-leaving-egypt\/","url_meta":{"origin":552582,"position":2},"title":"Blom Bank is one step closer to leaving Egypt","author":"enterpriseam admin","date":"4 May 2021","format":false,"excerpt":"The acquisition of Blom Bank Egypt by Bahrain\u2019s Bank ABC will get approval from the Central Bank of Egypt (CBE) in the coming weeks, Al Mal reports, citing an unnamed source with direct knowledge of the transaction. The two banks are expected to finalize the sale in 2Q2021, after Bahrain\u2026","rel":"","context":"In "SPEED ROUND: BANKING"","block_context":{"text":"SPEED ROUND: BANKING","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/295.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561885,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/25\/swiss-launch-lebanon-central-bank-embezzlement-probe\/","url_meta":{"origin":552582,"position":3},"title":"Swiss launch Lebanon central bank embezzlement probe","author":"enterpriseam admin","date":"25 April 2021","format":false,"excerpt":"Lebanon\u2019s central bank governor hit by another scandal: Switzerland\u2019s attorney general is investigating allegations that Lebanon\u2019s central bank governor Riad Salameh and his brother embezzled more than USD 300 mn of central bank money, the Financial Times reports.Tensions are rising on the Israel-Gaza border after a weekend of clashes in\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573635,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/12\/blom-bank-confirms-potential-egypt-exit\/","url_meta":{"origin":552582,"position":4},"title":"Blom Bank confirms potential Egypt exit","author":"enterpriseam admin","date":"12 August 2020","format":false,"excerpt":"M&A WATCH- Blom Bank confirms potential Egypt exit as Lebanon falls into deeper economic crisis: Lebanon\u2019s Blom Bank confirmedyesterday that it is looking to sell its Egypt assets in response to the financial crisis gripping its home country. The bank said in a statement that the Central Bank of Egypt\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/8\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567135,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/bank-audi-denies-media-reports-that-it-is-planning-egypt-exit\/","url_meta":{"origin":552582,"position":5},"title":"Bank Audi denies media reports that it is planning Egypt exit","author":"enterpriseam admin","date":"14 January 2020","format":false,"excerpt":"M&A WATCH- Bank Audi yesterday denied media reports that it is planning to exit Egypt as it continues to grapple with tumult in its home market of Lebanon. An official at the bank\u2019s investor relations department told the local press that its Egypt arm is one of its best performing\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/591.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=552582"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552582\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/552583"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552582"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552582"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}