The financial cost of piracy off the Horn of Africa has surged over the past year as pirates have become increasingly audacious, better funded and equipped, and able to extend …
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General Michel Shakkour’s office, on the third floor of the Hbeish police station in Beirut, is lined with plaques and framed certificates from police departments around the world. The head …
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Skoun, founded in 2003, is Lebanon’s first and only out-patient facility offering prevention and treatment for drug users. Located in Achrafieh, the center offers voluntary counseling for addicts, group therapy …
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While many Lebanese can’t afford to pay $80,000 in cash for a brand new luxury car, they will consider spending $12,000 on an initial down payment and $1,000 in monthly …
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In spite of widespread, frequent power cuts affecting the population, various Lebanese governments have failed to fix Lebanon’s electricity problems. “The main issue with the electrical sector is the lack …
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With a quarter of the world’s oil reserves, Saudi Arabia is the most influential member of the Organization of Petroleum Exporting Countries (OPEC) and able to put an extra two …
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Lebanon has long been known as the Switzerland of the Middle East for its banking sector. These days, the Levantine country is claiming another proud nickname. “Lebanon now has the …
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The Arab League boycott of Israel began in 1951 with the goal of supporting the Palestinians by prohibiting trade and economic relations with the Jewish state, and to penalize countries …
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Having lost the cold war in a spending battle that almost bankrupted Moscow, the Russians seem determined to come out on top in the heating war. This July, energy companies …
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More Leisure! is the universal battle cry of the region’s governmental economic planners. Irrespective of presence or absence of oil revenues or the varying states of their knowledge economies, most …
