Lebanon has spent enough money to build enough nuclear power plants to power the country several times over and still suffers from chronic power cuts and losses. According to the …
Category:
Economics & Policy
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Syria stutters As Syria comes under further strain as a result of the ongoing uprising and government crackdown, a series of announcements last month reflected the effects on the country’s …
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Economics & Policy
Executive Insight – Making smart investments in healthcare
by Jad Bitar & Ahmad Khalilby Jad Bitar & Ahmad KhalilThe Middle East is in the midst of a social transformation, with people aspiring to better lives, including better health. Governments are trying to meet this need at a time …
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The government’s endorsement of a plan to increase the minimum wage from LL500,000 ($333) to LL700,000 ($467), accompanied by salary hikes for those earning up to LL1.8 million ($1200), gave …
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Few would disagree that the minimum wage in Lebanon needs to increase to help the poorest socio-economic segment of the population better meet the rising cost of living. And while …
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Low growth, higher debt The prospects of a second-half economic rebound appear dimmer than ever as Lebanon rounds out the third quarter, with predictions for gross domestic product (GDP) growth …
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Officially charged with powering the nation, Electricité du Liban (EDL) is today perhaps the epitome of Lebanon’s political ineptitude, and one that nearly pulled the plug on the fledgling cabinet …
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Recent history would show that perhaps the only thing slower than Lebanon’s Internet speed is the process the politicians have undertaken to bring about faster Internet speeds. But just as …
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After months of burying their heads in the sand, markets and policy makers are waking up to the reality of a double dip in many mature economies. The logic of …
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Huff, and puff, and blow ,your smoke out Non-smokers will be breathing a breath of fresh air after a new anti-smoking law was passed by Lebanon’s parliament last month. The …