Asset recovery requires global cooperation. According to the Stolen Asset Recovery (StAR) Initiative database, in 2018 the approximate amount of stolen funds that have been frozen, confiscated, or returned to …
They are somewhat remote issues from the perspective of daily survival in the summer of 2020. But the questions of financial accountability and judicial processing of the complex aspects of …
On May 31, when beach clubs and resorts were given the green light to open for the season, following the government mandated COVID-19 lockdown measures, operators of such properties were …
It has been just over two weeks since the deadly Beirut Port explosion that killed at least 180, injured over 6,000, and left over a hundred thousand without homes. The …
As the Lebanese crisis of insufficient politics, imperiled economy, impaired liquidity, and quarrelsome financial behaviors is limping toward its next pain point, the topics of banking and financial restructuring are …
Economic man is a curious construct. Once thought to be a being superior to the common human in his pursuit of value creation and profit generation, the image of this …
Bankers are people. Brothers, sisters, mothers, fathers, spouses, children, cousins, clients, business advisors, financial partners, and friends of other Lebanese people. Given that over 25,000 individuals are employed in the …
Lebanon’s geographic location and trading history dictate the need for three basic premises in terms of its Economic Policy: a strong and stable currency, advantageous trading facilities and low taxes. …
On June 6, thousands of protesters gathered in Downtown Beirut starting at 3 p.m. in the largest protest since the COVID-19 lockdown went into force. Demonstrators were protesting the impacts …
In early April, about 400 foreign employees of RAMCO, a Lebanese construction, facility, and waste management company, went on strike to demand payment in US dollars and better working conditions. …
