Intra Bank Faces Liquidity Crisis and Asset Liquidity Gap
The article discusses Intra Bank's heavy exposure to Lebanese and foreign real estate and industry, limiting its cash convertibility. It notes a $230 million asset base against $170 million in claims, with authorities debating options such as isolating Intra from the economy or selling to a larger, more liquid institution to satisfy depositors.
MENTIONED IN THIS ARTICLE
Intra
Sheiks
U.S
Lebanon
Not Many Signs Hungary-Decade After Revolution
AP correspondent Eric Waha surveys Hungary a decade after the 1956 uprising, noting widespread forgetfulness among residents and regime jitters amid limited liberalization. He cites police activity on roads, depictions of emigration and defection, and the economy’s tentative improvements with travel and currency constraints shaping daily life.
MENTIONED IN THIS ARTICLE
Eric Waha
Budapest
Hungary
Austria
Csepel Island
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Janos Kadar
Aboriginal Sleep Warm By Dogs In Cold Nights
Aboriginal people sleep outside in loincloths by a fire and snuggle with their dogs to stay warm on frosty nights. The practice relies on dog warmth and gathered firelight to endure extreme cold.
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