2006

The Economist Intelligence Unit (EIU) warned that, as a consequence of the recent conflict, Lebanon’s 2006 Gross Domestic Product (GDP) could shrink by some 10%, taking the national debt of …

Perhaps the most crucial elements of any capital market, especially an emerging market, are confidence and liquidity. During the devastating days of the conflict between Hizbullah and Israel, both took …

The July war had many similarities to the outbreak of the 1975 hostilities – most notably in how it began, with a political party dragging the nation into conflict – …

When the Bush administration passed the USA. Patriot Act after the multiple terrorist attacks of September 11, 2001, it very probably did not intend to punish the innocent alongside the …

All good clichés have a ring of truth and the current favorite that charts Lebanon’s sudden decline from Ibiza to Gaza is grimly accurate. We have been under Israeli blockade, …

It took Israel’s military thinkers about two weeks to declare the systematic destruction of Lebanon’s infrastructure – along with Hizbullah’s launching of hundreds of rockets into Israel – a war. …

Pierre Achkar The Lebanese Hotel Owners Association Of course the situation is extremely bad for tourism. Tourism and warfare just do not go hand in hand. We were en route …

In our July issue, Executive devoted a special section to the tourism sector in Lebanon. Like the rest of the country, we eagerly anticipated a record season in 2006: the …

There is no doubt that the recent violence between Israel and Lebanon has dented the Lebanese economy to the tune of roughly $4 billion and counting. And even though it …

Like many Lebanese at the time, my grandfather, Esper Karam, left Lebanon at the end of the 19th century and headed for Brazil to make his fortune. He established Esperadio …