{"id":10031,"date":"2020-07-12T18:51:21","date_gmt":"2020-07-12T15:51:21","guid":{"rendered":"http:\/\/mmfidawla.com\/2020\/07\/12\/regime-bankruptcy\/"},"modified":"2020-08-21T18:00:20","modified_gmt":"2020-08-21T15:00:20","slug":"regime-bankruptcy","status":"publish","type":"post","link":"https:\/\/mmfidawla.com\/en\/2020\/07\/12\/regime-bankruptcy\/","title":{"rendered":"Regime of Bankruptcy and Indecision"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4qhcvh-39b5c39c192e9822cc2af8d23396cadb\">\n.flex_column.av-4qhcvh-39b5c39c192e9822cc2af8d23396cadb{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-4qhcvh-39b5c39c192e9822cc2af8d23396cadb av_three_fourth  avia-builder-el-0  el_before_av_one_fourth  avia-builder-el-first  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-jo02aj9o-c747e19ade06532efadb9eaf2e11a914 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h1 dir=\"ltr\" style=\"text-align: left;\"><strong>Regime of Bankruptcy and Indecision<\/strong><\/h1>\n<\/div><\/section><br \/>\n<div  class='hr av-36ctod-04a0923b74485b06d58a63d634bda0b4 hr-default  avia-builder-el-2  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-jpa4dlb3-7f844daeec652e2e27d9eba858697598 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><em>Press Release published on July 12, 2020<\/em><\/p>\n<p>The repercussions of bankruptcy are evident, day after day, and their indisputable gravity is represented by the slide in the dollar&#8217;s price and its nearly five-fold rise since October 2019. This is reflected in the prices of goods and products and the purchasing power of the citizens, the closure of additional institutions, the rise of unemployment, and the degradation of public services and their quality as well, such as electricity and communications, in addition to the deterioration of basic sectors, especially health and education.<\/p>\n<p>Facing this pivotal phase in the history of Lebanon, one that threatens the survival of society, the regime of the coalition of sectarian leaders continues to deny reality and waste time, despite its proven inability to manage bankruptcy and take decisions that protect the society from ensuing repercussions. As such, the only clear decision of this coalition is indecision, evading thus its responsibility for the crisis by betting on time and manipulating people&#8217;s anxiety and desperation for its survival.<\/p>\n<p>This reality makes it that the only possible alternative to protect the society during this transitional period is a government with exceptional legislative powers, run by those who have the knowledge, courage and freedom of decision to manage the bankruptcy and establish the legitimacy of the civil state.<\/p>\n<p>Hence, confrontation becomes the only option to protect the society and not to forfeit its capabilities, up to impose the alternative. That is why \u201cCitizens\u2019 in a State\u201d movement organized a march on Saturday, 11<sup>th<\/sup> of July 2020, in cooperation with other political parties and groups. It set off at 6 pm from the Governmental Serail, passing through the Association of Banks and the Ministry of Finance, to reach the Central Bank of Lebanon. The purpose of this march was to assert the existence of an alternative to the sectarian quota regime, and that the work is underway for its confirmation and imposition.<\/p>\n<p><em><u>Participating parties and groups<\/u><\/em><em>: State Building Coalition, Democratic Youth Union, Beirut Madinati, Secular Democratic Congress in Lebanon, Youth Movement for Change, Communist Party, Youth of October 17, People Want System Reform, National Bloc Party, Li-Haqqi, Awareness Initiative, Bank Youth Group, Observatory to Combat Corruption, Citizens in a State Movement.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-buildercomment av-x0wpmx-74dec76dc91e7cb1c088c3532d4d04ca'><\/div><br \/>\n<div  class='hr av-2929i4-777fc9eaf0f801963dab2bdf922e9490 hr-default  avia-builder-el-5  el_after_av_comments_list  el_before_av_social_share '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='av-social-sharing-box 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av-magazine-format-standard av-magazine-type-post av-magazine-entry-3 av-magazine-entry-small '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-thumbnail\"><a href='https:\/\/mmfidawla.com\/en\/2022\/04\/25\/19060\/' title='Link to: Death Boats: The Sectarian Regime\u2019s Most Salient Gifts' class='av-magazine-thumbnail-link'><img decoding=\"async\" fetchpriority=\"high\" width=\"80\" height=\"80\" src=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2022\/04\/Statments_EN-80x80.png\" class=\"wp-image-19077 avia-img-lazy-loading-not-19077 attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2022\/04\/Statments_EN-80x80.png 80w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2022\/04\/Statments_EN-300x300.png 300w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2022\/04\/Statments_EN-1030x1030.png 1030w, 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av-magazine-format-standard av-magazine-type-post av-magazine-entry-5 av-magazine-entry-small '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-thumbnail\"><a href='https:\/\/mmfidawla.com\/en\/2021\/08\/12\/subsidies\/' title='Link to: All that is happening today is not preordained destiny, as it could have been avoided' class='av-magazine-thumbnail-link'><img decoding=\"async\" fetchpriority=\"high\" width=\"80\" height=\"80\" src=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/08\/bayen-web-80x80.png\" class=\"wp-image-16864 avia-img-lazy-loading-not-16864 attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/08\/bayen-web-80x80.png 80w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/08\/bayen-web-300x300.png 300w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/08\/bayen-web-1030x1030.png 1030w, 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entry-title '  itemprop=\"headline\" ><a href='https:\/\/mmfidawla.com\/en\/2021\/08\/12\/subsidies\/' title='Link to: All that is happening today is not preordained destiny, as it could have been avoided'>All that is happening today is not preordained destiny, as it could have been avoided<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><article class='av-magazine-entry av-magazine-entry-id-16650 av-magazine-format-standard av-magazine-type-post av-magazine-entry-6 av-magazine-entry-small '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-thumbnail\"><a href='https:\/\/mmfidawla.com\/en\/2021\/07\/26\/assigning-mikati\/' title='Link to: The Good Tidings of Assigning Mikati' class='av-magazine-thumbnail-link'><img decoding=\"async\" fetchpriority=\"high\" width=\"80\" height=\"80\" src=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-80x80.png\" class=\"wp-image-16623 avia-img-lazy-loading-not-16623 attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-80x80.png 80w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-300x300.png 300w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-1030x1030.png 1030w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-768x768.png 768w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-36x36.png 36w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-180x180.png 180w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-705x705.png 705w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-100x100.png 100w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-600x600.png 600w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-24x24.png 24w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1-48x48.png 48w, https:\/\/mmfidawla.com\/wp-content\/uploads\/2021\/07\/web-2-1-1.png 1080w\" sizes=\"(max-width: 80px) 100vw, 80px\" \/><\/a><\/div><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"\" ><\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/mmfidawla.com\/en\/2021\/07\/26\/assigning-mikati\/' title='Link to: The Good Tidings of Assigning Mikati'>The Good Tidings of Assigning Mikati<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The repercussions of bankruptcy are evident, day after day, and their indisputable gravity is represented by the slide in the dollar&#8217;s price and its nearly five-fold rise since October 2019. 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