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Internet copyright laws

Internet copyright laws

As the growth of a few digital giants with base in the United States and state intrusion into the online world have reached dimensions that were unimaginable just a decade ago, some critics speak of ‘surveillance capitalism’ as the new form of dictatorship. In the middle of the uncertainty about our digital future, lawmakers are

Rethinking social entrepreneurship

January’s Mashreq Conference on Women’s Economic Empowerment was a welcome initiative at a time where socio-economic conditions for women in Lebanon are dire. In addition to a discriminatory legal, political, and social environment, women continue to make up less than 25 percent of the labor force, according to 2018 World Bank estimates. Donor pledges to

An urgent need for reform

There has been a growing concern over Lebanon’s debt outlook. True, the fiscal deficit at end of Q3 2018 was twice that of 2017 for the same period. Two main factors contributed to its escalation: First, the wage and salary increases that were adopted during the last quarter of the 2017 budget and extended through

Seeking climate consensus

The Paris Agreement, adopted in early 2016, aims to reduce the global man-made emissions that are trapping heat in the atmosphere, causing a cascade of extreme weather events due to variations in temperature. The agreement sought to keep the increase in global average temperature well below 2 degrees Celsius, while attempting to limit it to

The Eastern Mediterranean Gas Forum

Energy ministers from Egypt, Cyprus, Greece, Israel, Italy, Jordan, and the Palestinian Authority took an important step toward establishing an Eastern Mediterranean Gas Forum (EMGF) on January 14, in Cairo. According to the declaration that followed the meeting, the EMGF will, among other things, assist in the creation of a regional gas market, ensure the

Currency conundrum

Two major topics are keeping economists, politicians, academicians, journalists, and others busy nowadays. The first topic is the real value of the Lebanese lira and if the nominal rate must be de-pegged or moved to a lesser pegged value in order to relieve us from our current monetary, economic, and financial misery. The other topic

Advocating true wisdom

In Executive’s view of things that happened locally in January 2019, three incidents testified to the presence—and the perils of—irrational expectations. Such expectations actually work in two directions, with different attendant risks: The first direction is that of excessive enthusiasm, very well-known to the economically literate from the last global exposure to “irrational exuberance,” in

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