Inflated optimism?

by Peter Speetjens January 1, 2004

written by Peter Speetjens January 1, 2004

Lebanon loves Europe. From German cars to Italian clothes and French foods to Dutch beers, up to 60% of Lebanese non- oil imports come from Europe. Therefore, as the Euro soars to an all-time high against the dollar, it seems logical, even likely, that 2004 will be a year of high inflation. Two leading Lebanese economists, however, tell us not to worry. Kamal Hamdan doesn

Peter Speetjens

Peter is a journalist currently based in São Paulo. After completing law studies in Rotterdam, he embarked on a journey to explore the world, spending a year in India before spending around 20 years in the Middle East and eventually relocating to Brazil. His work has appeared in both Dutch and English language media, including Trouw, De Groene, De Standaard, Hard Gras, NRC, The Blizzard, MO Magazine, Middle East Eye, and Mongabay. Fluent in five languages, he also enjoys photography and co-authored the documentary "2000 Terrorists," which was broadcast by Al Jazeera in 2004.

Inflated optimism?

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