Author Archives: Yasser Akkaoui

Shooting blind, from the hip

Shooting blind, from the hip

Reading Time: < 1 minute The current Lebanese government is, in economic terms, as dangerous as a blind man with a loaded gun and an itchy trigger finger. To date, it has shown little to no leadership in guiding Lebanon’s floundering economy back to prosperity, offering no comprehensive strategy to promote sustainable growth across the different job-creating industries — be

He who can bleed the most

Reading Time: < 1 minute In different ways, both the Syrian people who are rising up against the regime of President Bashar al-Assad, as well as the regime itself, are pushing the limits of their own mortality. Protests that began in March have spread across the country, but still they have not gathered the critical force necessary to topple the

The fortunes of upheaval

Reading Time: < 1 minute The Libyan rebel forces’ rout of government troops from Tripoli last month heralded a pivotal moment in history, with the toppling of Muammar al-Qadhafi’s regime marking the third North African autocrat to fall to popular uprisings this year. Even while the security situation remains perilous, world powers and multinational companies are climbing over each other

Bin Laden’s last laugh

Reading Time: 2 minutes On May 2nd, television cameras broadcast around the worldimages of jubilant crowds at ‘Ground Zero’ in New York, in front of the WhiteHouse and across the United States celebrating the killing of the figurativeleader of Al Qaeda in Abbottabad, Pakistan. While many Americans may view thedeath of Osama bin Laden as an emotionally cathartic ‘closing

We are under attack

Reading Time: 2 minutes Whether or not the accusations against Lebanese Canadian Bank are true, whether or not there is substance to the rumors that there is a list of banks yet to be targeted, we have to assume that doing business in Lebanon is now fundamentally different than it was just months ago. And not only is the

Time to boycott failure

Reading Time: 2 minutes It is a measure of how far Lebanon has come in recent years that a new roof is being placed on the synagogue in the Beirut Central District. It is also a reflection of Lebanon’s unique multi-faith make-up and the country’s tolerance for all religions. But tolerance alone does not make a strong state. It

Oblivious to oblivion

Reading Time: 2 minutes It doesn’t take a massive intellect — just common sense — to realize that the link between security and prosperity is inextricable. In the Middle East, one might have thought that experience would have borne this out, and yet many nations still don’t calculate the effects of the increased risk — the “value at risk”

A bane unto ourselves

Reading Time: 2 minutes Why is it that we Lebanese fall into the same trap every time our instincts take control? Since 2005 and the outrageous assassination of former Prime Minister Rafiq Hariri, we have seen Lebanon’s hard won equity eroded by political killings, instability, full- scale war, economic decline and civil unrest. During this period, Lebanon has lost

The silver lining of crisis

Reading Time: 2 minutes It’s that time of year again, but this time the party hats and horns are being distributed with a bit more caution than in previous years. Depending on who you listen to, the world is sinking into an economic crisis that could match the great depression that followed the Wall Street crash of 1929. Certainly

Seven times destroyed, seven times rebuilt

Reading Time: 2 minutes Last month’s so-called election of a Lebanese President must have seemed to international onlookers an event drenched in degradation, an example of both how low Lebanon’s politicians have sunk and allowed themselves to be manipulated by those who claimed to be their friends — and those the politicians vowed to fight because they sought to