Sunday, January 25, 2009

Influential Middle East Newspaper Shuts Down

The Daily Star Lebanon, regarded by many as the most influential English language newspaper in the region, has printed its last edition.

While readers outside the region might have noticed that the paper’s website has not been updated since last Wednesday, on Sunday The Daily News Egypt, which previously cooperated with the Daily Star Lebanon, reported that the Lebanese paper had been shut down due to financial problems.

According to the Egyptian paper, the Daily Star owed a local bank an estimated $700,000.

The paper was established in 1952 but stopped printing in 1977 due to the civil war in Lebanon and its operations were not back to normal until 1995 when the paper embarked on a extensive expansion campaign and began publishing in Egypt, Qatar and Kuwait.

In addition to its news coverage, the paper also published opinion pieces from American neo-conservatives and Islamic fundamentalists side by side.

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