Comment articles

Seeking climate consensus

Seeking climate consensus

The Paris Agreement, adopted in early 2016, aims to reduce the global man-made emissions that are trapping heat in the atmosphere, causing a cascade of extreme weather events due to variations in temperature. The agreement sought to keep the increase in global average temperature well below 2 degrees Celsius, while attempting to limit it to

The Eastern Mediterranean Gas Forum

Energy ministers from Egypt, Cyprus, Greece, Israel, Italy, Jordan, and the Palestinian Authority took an important step toward establishing an Eastern Mediterranean Gas Forum (EMGF) on January 14, in Cairo. According to the declaration that followed the meeting, the EMGF will, among other things, assist in the creation of a regional gas market, ensure the

Currency conundrum

Two major topics are keeping economists, politicians, academicians, journalists, and others busy nowadays. The first topic is the real value of the Lebanese lira and if the nominal rate must be de-pegged or moved to a lesser pegged value in order to relieve us from our current monetary, economic, and financial misery. The other topic

Advocating true wisdom

In Executive’s view of things that happened locally in January 2019, three incidents testified to the presence—and the perils of—irrational expectations. Such expectations actually work in two directions, with different attendant risks: The first direction is that of excessive enthusiasm, very well-known to the economically literate from the last global exposure to “irrational exuberance,” in

Out in the cold

The Arab League Economic and Social Development summit hosted in Beirut in late January produced at least one solid takeaway: the reiterated recognition that Lebanon does not hold the keys to its own future and so must ride the bench during this economically and politically pivotal time for the region. With a government finally formed

The case to end sexual orientation change efforts in Lebanon

Homosexuality is part of the natural spectrum of human identity and is not a disease, a disorder, or an illness to be treated or “fixed.” However, there is a plethora of evidence documenting the challenges that lesbian, gay, bisexual, and transgender (LGBT) people experience daily as a result of discrimination, rejection, and stigma. Sexual orientation

The impetus for change

Shareholder activism has experienced a revival and is now growing in influence globally as an effective tool to transform companies by unlocking share price value and improving their strategic vision and governance tactics. The phenomenon of shareholder activism is not new. When it started back in the 1980s, it sparked numerous controversies due to the

A long time in the making

The PPP law, formally known as Law 48 Regulating Public Private Partnerships, was first proposed as a draft by Cabinet in 2007. It was not until September 2017 that it was passed by Parliament and published in the Official Gazette. In other words, it took lawmakers ten years to pass the PPP law. Back in

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