LIMS organized a launching ceremony for its news and opinion website, www.limslb.com, which attracted 58 guests, including 33 journalists and 10 academics. This digital media uses social media channels to enhance reach. The project was made possible through the generous sponsorship of the Atlas Network, who recognized its potential and awarded it the Smart Bet Award.
During the event, Mr. Brad Lips, the CEO of the Atlas Network, drew attention to the staggering amount of misinformation and fake news that the global public currently faces. He emphasized the critical role of journalists in seeking the truth, particularly in economic matters where uncovering accurate information can be challenging due to government communication lacking transparency. Thus, the significance of this platform cannot be overstated, as it serves as a trustworthy source of credible economic information and analysis.
Ms. Kristelle Mardini, the COO of LIMS, highlighted some key features of the website, including the LIMS Exclusive section. This section publishes exclusive policy briefs in addition to simplified and easy-to-read papers that summarize key reports from institutions such as the Audit Bureau, the Central Inspection, and the Public Procurement Authority. These briefs also provide policy recommendations. Furthermore, the platform covers various news and analysis related to Lebanon’s economic crisis and is designed to offer a customized experience for users.
Dr. Patrick Mardini, the CEO of LIMS, emphasized the importance of data-driven analyses. He utilized the platform’s economic indicators to explain Lebanon’s current economic situation and demonstrate how accurate data can disprove fake news. For instance, the devaluation of the exchange rate is not related to the trade deficit, contrary to common assumptions, but to increasing the money supply. Media professionals and researchers were encouraged to utilize the website extensively for news, data, and analysis in their reports on Lebanon’s economy.
Overall, the launching ceremony of LIMS’ news and opinion website marked an important milestone in combatting misinformation and providing reliable economic insights. With its user-friendly features, policy briefs, and data-driven approach, the platform aims to empower journalists, researchers, and the public alike in their pursuit of accurate information and informed discussions on Lebanon’s economic landscape.