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PeakMetrics / Fact Checks

Economy & business fact checks

Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.

7,090 published reviews in this topic

Maharat NewsEconomy & business

هل يعاني لبنان فعلًا من انقطاع مادة المازوت؟

Publisher’s rating: صحيح جزئيًا

The review reports that Lebanon had no overall diesel shortage: importers were supplying more than the stated daily consumption. However, farmers and generator owners in the Bekaa faced local unavailability, which the review attributes to some traders withholding diesel for resale on the black market; it warns that wider hoarding could create a shortage.

Maharat NewsEconomy & business

هل منح شركة ibex ترخيص استثمار النقل الجوي دون العودة إلى هيئة الشراء العام مخالف للقانون؟

Publisher’s rating: غير صحيح

The review says the cabinet’s approval expanded Ibex’s existing authorization to include a regular international route to and from Qlayaat Airport, rather than granting a new license. It concludes that public procurement rules do not apply because the state was authorizing a private activity, not purchasing services, and that the license did not require a tender or a Public Procurement Authority opinion.

Fact Crescendo Sri LankaEconomy & business

One third of the money Sri Lanka borrowed from the IMF has been stolen.

Publisher’s rating: False

The review says the claim confuses fraudulent import-advance payments with IMF disbursements: close to US$1 billion was moved abroad through fraudulent import payments, but that money was not IMF funding. It explains that the sum was described as equivalent to roughly a third of the IMF loan, and concludes that no IMF loan funds were stolen. [S1: “The reports said roughly US$1 billion taken out since 2023 was equivalent to about a third of the IMF loan, not that any part of the IMF loan itself was stolen.”] [S1: “No IMF loan funds have been stolen.”]

Fact Crescendo Sri LankaEconomy & business

NPP MP Ravindra Bandara said the Cabinet approved a plan to make Sri Lanka the richest country in the world.

Publisher’s rating: Misleading

The review says Bandara was referring to Cabinet approval for the Green Hydrogen project, not approval to make Sri Lanka the world’s richest country. In his parliamentary remarks, he described becoming one of the world’s richest and most beautiful countries as a hoped-for outcome of advancing through the project; he said the circulating posts distorted his statement.