Loans will go bad, deals will be canceled, fortunes will be lost, and the sudden end of cheap financing is wreaking havoc on the buyout market, reported Fortune magazine. Just …
Tag:
2007
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The Cuban missile crisis began in 1961 when the US started to deploy 15 Jupiter IRBM — intermediate-range ballistic missiles — in Turkey, close to the Soviet border. With a …
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DUBAI: “First Salik violator spotted,” read a prominent headline on one Gulf daily last month. It led into a description of how a renegade Nissan Altima driver had been caught …
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With Iranians’ view of unlimited cheap petrol as a birthright, rationing was never going to be easy. But the need for change grew as years of a pump price frozen …
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Founded by the controversial Russian-born billionaire Arkadi Gaydamak, the Social Welfare Party (SWP) is but the latest gladiator to enter Israel’s increasingly fragmented political arena. For decades the Knesset was …
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Birds do it, bees do it, even educated fleas do it, let’s do it, let’s … buy a home!” So you’ve decided to do the grown-up thing and buy a …
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The 47 year-old junior senator from Illinois emerged as a powerful figure after he delivered the keynote address at the 2004 Democratic Convention while he was still a state legislator. …
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The food franchising industry is doing well in the Middle East. Buying a tried-and-proven formula for a hospitality venture has allowed both small entrepreneurs and powerful investors to roll out …
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It’s Saturday night at White, the rooftop bar on the edge of the beleaguered Beirut Central District. The affluent 30-something crowd, many of whom live and work in the GCC, …
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Slump? What slump? If you listen to some of the pundits, one would be forgiven for thinking that the Beirut real-estate sector had forgotten the country is on the edge …