As the border crisis between Lebanon and Syria unfolded over the last two months, the bars of Beirut and the family restaurants of the Old City of Damascus were host…
Economics & Policy
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Investors with a lower risk appetite or a shorter investment time horizon generally prefer to seek out an investment arrangement that provides a degree of certainty over capital, while seeking…
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Following an exceptionally tortuous government formation process, Prime Minister Fouad Siniora unveiled a 24-member cabinet on July 19. Among the new faces on the political scene was Sami Haddad, brought…
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Back in April 2004, we discussed oil in these pages, making the judgment that at nearly $50 per barrel, oil was getting into treacherously elevated price territory. The frenzy that…
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Lebanon’s architectural heritage has had a rough 50 years. Ever since the economic boom of the 1950s, which spurred real estate growth, launching the era of concrete modern high-rises at…
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Even the most strident hawks in Washington could not have anticipated the stunning costs of the wars in Iraq and Afghanistan. They have cost American taxpayers more than $314 billion…
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The Middle East is witnessing a rise in the number of Arab-published English-language trade magazines, geared specifically towards professionals operating in the region. The surge is being propelled by healthy…
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The Lebanese financial sector has long been dominated by commercial banks, which have grown significantly in the post-war period. Indeed, customer deposits have increased threefold since 1995 to reach the…
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Syria’s ruling Baath Party introduced a meager set of reforms at its June 6-9 congress, dashing hopes that the eagerly-awaited event would launch a more rapid process of economic and…
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With Lebanon’s parliamentary elections having recently provoked so much controversy for reasons of sectarian representation, little attention has been devoted to how the new Parliament might address urgent economic issues,…