That China is a rising global power is a given, although whether the People’s Republic will eventually usurp the United States as world hegemon is hotly debated. But as a …
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Every minute, one person is sold over an international border. Human trafficking is now the fastest growing international crime; it is second in size only to the drug trade and …
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Lebanon’s progress to cultivate wealth from its offshore oil and gas resources has left us with more questions than answers. While the country will not extract any resources for at …
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When Qatar won the bid to host the 2022 FIFA World Cup back in 2010, football fans around the globe were astounded at the decision. Many were suspicious, given that …
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It is one of those economic oddities that Saudi Arabia, regularly the world’s top oil producer, does not set the price for the oil it sells. While potentially wielding great …
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“There is a crisis when the market is up 6 percent but the luxury sector is down by over 10 percent.” “There is competition in the luxury segment and it …
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Lebanon first fell into the crosshairs of the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2011. Pressure from OFAC — effectively the world’s anti-money …
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It has been a year most car dealerships would not like to see repeated. The economic downturn, inflation, high gas prices and political uncertainty have taken their toll on sales, …
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In March this year the government drafted a law for the importation and use of cars that run on ultralow-sulfur diesel, also known as “green” diesel, in compliance with …
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If you go by the headlines in financial reports, the car market is doing surprisingly well given the staid economic climate; growth of 7.6 percent was registered in the first …