Leaders articles

A small matter of perspective

From the position of Lebanon’s Capital Markets Authority, the world is a garden of well-tended and super-fragrant roses, especially in regard to its own achievements. Thanks to the CMA’s regulatory progress, financial markets should finally start growing to the benefit of Lebanon if all stakeholders would just close ranks and stand shoulder to shoulder with

Health kick

As parents, we often struggle to keep our children fit and healthy in the consumer society we live in. We do our best to feed them nutritious meals and educate them on the importance of healthy eating habits, yet temptations are everywhere and frequently make a mockery of our best efforts. From TV campaigns and

More work needed

Two new rules regulating animal businesses and the ownership of big cats are a welcome step forward, but alone they are not sufficient. Lebanon needs a law governing if and how all types of animals can be brought legally into the country, the conditions in which they’ll be kept and prescribing how violators of such

Another red flag

On Friday, July 1, two men walked toward a microphone to speak as representatives of their respective political parties, but not in their official capacity as ministers. Following a closed-door meeting, they declared the end to a three-year feud. A bilateral deal had been reached concerning the nation’s potential hydrocarbon resources. Lebanon was set to

Wasted opportunities

The lack of transparency in finding a way out of the July 2015 garbage crisis is appalling. Last August, the private sector put forward offers that would have seen modern waste solutions put in place all over the country. The volume of Lebanon’s waste being sent to landfill would have dramatically fallen (see policy story).

A strategy, please

Lebanon’s tourism stakeholders have learned the hard way that an over-reliance on one type or one nationality of tourists is akin to shooting yourself in the foot. One need only take a look at cities such as Bhamdoun or Aley – and even Beirut, to some extent, which saw a drastic drop in footfall once

Get your house in order

Alain Saadeh, the lead actor in Film Kteer Kbeer (Very Big Shot), shocked audiences at a domestic awards show on May 28 when he refused the Murex d’Or award. Speaking on behalf of the director and production crew of his film, Saadeh pronounced the Lebanese award show, which recognizes regional players in a variety of

An ode to strength

Last month Lebanon celebrated, on May 25, our liberation and resistance national holiday for the 16th time. The region also marks 100 years of the Sykes-Picot Agreement’s adoption on May 16, which was signed in secret by colonial powers to delineate areas of power in the Near East. We commemorate too that 10 years ago

Insuring a healthy economy

Insurance is good for an economy. It is as simple as that. By being insured, that is by dedicating between 3 and 10 percent of their gross domestic product to financial care and protection of life, economic stakeholders in developed countries globally manage risk and prepare for problems arising in any situation – from earthquakes,

A sector worth saving

“Pity the nation that eats a bread it does not harvest,” wrote Gebran Khalil Gebran back in 1934. Lebanon, which today imports up to 80 percent of its food needs (according to a yet to be published report prepared for ESCWA,) is far from harvesting its own bread and is in dire need of redesigning

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