February 4, 1977friday
The Government promulgated a decree concerning wartime conflicts between owners and renters.
The decree stipulated mainly that rent contracts remained operative, while backlogs will be staggered on 18 months with no interest for all rents under 5,000 Lebanese Pounds. As to destroyed properties, there were three possibilities: reconstruct, compensate the renters, or give them shares.
The decree stipulated mainly that rent contracts remained operative, while backlogs will be staggered on 18 months with no interest for all rents under 5,000 Lebanese Pounds. As to destroyed properties, there were three possibilities: reconstruct, compensate the renters, or give them shares.
February 4, 1981wednesday
Four Lebanese militaries were killed in a helicopter accident. The Aircraft crashed on the hills of Sannine.
February 4, 1982thursday
The investigation conducted in Italy on the vanishing of the Shiite Imam Moussa Sadr ended. The Italians were convinced that the Imam never left Libya.
February 4, 1983friday
The situation went out of control in the mountain as bombs fell on East Beirut.
February 4, 1985monday
Nothing could stop the dollar from rising. For the first time, the green bill was exchanged for over 15 Pounds on the Beirut stock market while the French Franc was quoted at 1.55 Pounds. The Lebanese authorities requested help from Saudi Arabia and asked Rafic Hariri to intercede with King Fahd to grant Lebanon 500 million dollars to boost the economy.
\_this day in full \_on this day
\_what the books add
Annual figures: the pound fell to about 16 to the dollar in 1985 against 6.5 in 1984, with retail inflation of about 70 per cent (Hanf, citing Abou Rjaily and Labaki); de Clerck and Malsagne put the 1985 devaluation at 150 per cent. Hanf notes that rumours of large PLO deposits briefly strengthened the pound in early 1985.
February 4, 1988thursday
The emissary of President Amine Gemayel, Elie Salem, meets with the Secretary of State George Schultz in Washington in the presence of the Sub-Secretary for the Middle East Affairs, Richard Murphy.