Home The Buzz Morning briefing: 15 Mar 2013

Morning briefing: 15 Mar 2013

Libya economy grows over 100%, plus other news

by Executive Staff

Economics and policy

Libya's economy grew more than 100 percent in 2012 on the back of oil production which had come to a standstill during the country's 2011 revolution, the International Monetary Fund has said.

More from AFP


The International Monetary Fund will send a new mission to Egypt to discuss the next steps toward a potential aid program, an IMF spokesman has said.

More from Reuters


The US war in Iraq has cost $1.7 trillion with an additional $490 billion in benefits owed to war veterans, expenses that could grow to more than $6 trillion over the next four decades counting interest, a new study released said.

More from Reuters


Lebanese civil servants and school teachers intend to stage a major rally close to Rafik Hariri International Airport Friday in another bid to compel the Cabinet to pass the controversial salary scale to Parliament.

More from The Daily Star


Kurdish political leaders may withdraw from Iraq's coalition government and become an opposition bloc, after parliamentary allies of Prime Minister Nouri al-Maliki secured the passage of the 2013 budget without the participation of Kurdish MPs.

More from Iraq Oil Report


The United States has slapped financial sanctions on a Greek businessman for secretly operating a shipping network on behalf of the Iranian government to get around international sanctions on the country’s sale of oil.

More from Reuters


Business and companies

Thirty international, regional and local experts are gathering for a two-day networking event in Lebanon to highlight the importance of corporate social responsibility in addressing the challenges businesses face.

More from The Daily Star


Lebanon’s life insurance premiums in 2012 surged by 6 percent to reach $391.6 million compared to $369.8 million in 2011.

More from The Daily Star

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