Lebanon’s Transportation and Public Works Minister Ghazi Aridi after the Cabinet extended Middle East Airlines’ exclusivity deal for another 12 years:“We did not extend exclusivity to a normal company, but we extended it for a company of endless successes”
“We’re the definition of an idiot by Einstein – repeating the same experiment [and expecting different results]. That’s what central banks have reduced themselves to. We’ll never know what will happen if they stop because they continue to print, print and print.”
“In the mobile telecom sector you need to anticipate growth and expand before the demand picks up. In Lebanon it has been quite the opposite.”
“An award of $104 million is obviously a great deal of money, but billions of dollars in taxes owed will be collected that otherwise would not have been paid as a result of the whistleblower information.”
“And not even a call from the queen herself would have stopped me.”
“Sales of iPhone 5 could boost [the US’s] annualized GDP growth by $3.2 billion, or $12.8 billion at an annual rate.”
“Everybody is aware that beach tourism constitutes 70 percent of the traffic coming to Egypt. It will continue to do so.”
“I call for a federation of nation states. Not a super-state. A democratic federation of nation states that can tackle our common problems, through the sharing of sovereignty in a way that each country and its citizens are better equipped to control their own destiny.”
“The new virus is definitely not stupid but nevertheless Lebanese banks have the means to counter such a virus.”
A London-based property consultant on the 45-bedroom residence of Rafik Hariri, the late Prime Minister of Lebanon, being put on the market for £300 million ($486 million):“You are going to have to wait a long, long time for something like this to come on the market again.”
