Lebanon's oldest English-language daily folds amid crisis

The Associated Press    Translate This Article
2 November 2021

On 2 November 2021 The Associated Press reported: Lebanon's Daily Star, one of the leading English-language newspapers in the Arab world and Lebanon's oldest, has folded following a years-long financial struggle. The Daily Star is the latest among several Lebanese newspapers that stopped printing in recent years in a struggle to compete with digital media. Lebanon's severe financial crisis, its worst in 150 years, toughened the challenge. Over the years, The Daily Star was a training ground for many Lebanese and foreign journalists who went on to work in prominent media organizations in the region and beyond. News of its closure triggered an outpouring of tributes on social media. Global Good News service views this news as the failure of modern business systems. Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.

... Once a regional pioneer in the media and publishing world, Lebanon has seen media outlets close down successively due to the worsening economic situation.

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