To the interest of anyone who is not a part of the political and banking power ensemble, an absurd theater of dance and song is being played out on the …
Banking & Finance
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Lebanon’s socio-political-economic cancer has metastasized through critical levels of political corruption and nepotism, with flagrant economic and social exploitations, from politicians, their institutions, and the elitists who surround them. The …
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AnalysisBanking & FinanceSpecial Report
The Local Bitcoin Market and the Crisis
by Sasha Matarby Sasha MatarLebanon’s banking crisis is yet to offer depositors any cushion to soften the blow of capital control restrictions, a crumbling currency, and an uncertain future. As depositors become well versed …
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In periods of economic uncertainties, people look for safe havens to preserve the value of their money and assets, and the choices of investors during the current global and local …
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“You can take it to the bank,” is an idiomatic expression commonly uttered by someone – usually a politician or manly man with business power – to express a very …
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One banker, interviewed for this issue, said it: “Bankers feel threatened, bullied, and feel that they are [made to bear] responsibility for something that they did not do.” The stewards …
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For one thing, human constants have to be considered. When Walter Bagehot, the founding editor of The Economist, reflected on the role of the “English Political Economy” shortly before his …
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Introduction by Executive Editors When the Council of Ministers approved an economic reform program at the end of April, 2020, then-Prime Minister Hassan Diab hailed the plan with the epithet …
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Banking & FinanceBeirut Port explosionEntrepreneurshipFinancing healthcareHealthcareSpecial Report
Alternative medicine spikes
Alternative medicine has been sitting in the shadow of traditional, Western medicine for some time in Lebanon: alternative medicine. Though it is not controversial, alternative medicine is still seen as …
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In March 2017, The Economist reported that Intel, the giant American chipmaker, paid $15.3 billion for Mobileye, an Israeli firm at the forefront of developing autonomous-car technology. The deal was …
