Lebanese students abroad fall prey to financial crisis at home

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Until now parents and students say the law is being ignored, with banks and exchange dealers refusing to make transfers at the set rate and instead demanding the market rate, currently around 8,300 Lebanese pounds.

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And of course, a change in some status quo, which is based on the spirit and letter of international law, could lead to serious destabilisation,” Peskov told reporters in Moscow. “Russia performs a very important function …

Wael Dib Hajj, a 30-year-old consultant, saved up for seven years and was accepted into Yale’s MBA programme this year. But after requesting documents from the university, his bank refused to transfer the tuition fees.

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Another medical student, Wassim Hachem, 24, had to drop out from his fourth year of university in Russia to return to Lebanon and work as a delivery driver after his father, who lost his job, was no longer able to support him.

Chisinau signed a political and trade deal with the EU in 2014, angering Moscow, though Brussels has also become increasingly critical of Moldova’s track record on reforms and tackling corruption. (Writing by Matthias Williams Editing by Gareth Jones)

They insist the central bank forces commercial banks to implement a government decree to allow families with students abroad to transfer up to $10,000 a year at the official exchange rate of 1,500 Lebanese pounds to the dollar to cover tuition and expenses.

She has taken her other children out of a private school and enrolled them in a state school because her husband’s salary, which was worth $2,000 a month last year, is now equal to $370 after the collapse of the Lebanese pound.

BEIRUT, Nov 30 (Reuters) – Lebanese medical student Lara Mustafa faces eviction from Russia and the end of her dream of becoming a doctor if her parents, hit by Lebanon’s worst financial crisis in decades, cannot send her money to pay for rent and expenses.

WASHINGTON, Dec 16 (Reuters) – U.S.
Secretary of State Mike Pompeo has come into contact with someone who tested positive for the coronavirus and will be quarantining although he has tested negative, the U.S. State Department said on Wednesday.

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Mohammad Kassar, 22, was into his fifth year of medicine in Ukraine, aiming to become a general practitioner, when he was forced to return home in May because his father, whose furniture business went bust, was no longer able to transfer him money.

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