The only things that are growing fast are bouts of desperation and the holes in people’s pockets. At least that’s the popular impression of the Lebanese crisis, one that can …
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AnalysisBusinessOpinionQ&ASpecial Report
Questions on data, policy design, and usefulness of assumptions
Economic man is a curious construct. Once thought to be a being superior to the common human in his pursuit of value creation and profit generation, the image of this …
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Bankers are people. Brothers, sisters, mothers, fathers, spouses, children, cousins, clients, business advisors, financial partners, and friends of other Lebanese people. Given that over 25,000 individuals are employed in the …
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Lebanon’s geographic location and trading history dictate the need for three basic premises in terms of its Economic Policy: a strong and stable currency, advantageous trading facilities and low taxes. …
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Economics & PolicyOpinionQ&A
British ambassador outlines prospects of bilateral relations and economic interaction between London and Beirut
The situation may change, but trusted relations remain. Lebanon’s economy today needs honest interaction and connectivity to long-standing partners more than ever before in the history of this state. The …
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Citing a 91 percent year-on-year drop in registration numbers of new motor vehicles in April 2020, member companies of the AIA Lebanon (Association des Importateurs d’Automobiles au Liban) fear widespread …
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BusinessOpinionQ&ASpecial Report
Q&A with Riad Obegi, chairman of Banque BEMO, on banking sector challenges
At a time when banking is materially challenged by economic and financial stresses, and is faced with extreme criticism from distressed depositors and the explosion of economic commentators and activists …
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BusinessEconomics & PolicyOpinionQ&A
Q&A with Ziad Hayek on his and Gérard Charvet’s plan to overcome Lebanon’s financial crisis
The arrival of a team by the International Monetary Fund (IMF) in Beirut for negotiations on the national need for financial assistance under a rescue package has sparked a wave …
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The real-life specter of SARS-CoV 2 comes across as existentially frightening. With the virus being as familiar as a seasonal respiratory disease and yet totally untamed by possibilities of existing …
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BusinessCoronavirus AnalysisInsuranceSpecial Report
Q&A with actuary Ibrahim Muhanna on insurance liabilities amid economic crisis
Practically every private household in Lebanon relies on one or other insurance service, beginning with the mandatory protection of motorists under third-party liability insurance or savings schemes offered by life …