The Lebanese national debt, seen in relation to the country’s GDP, has been one of the highest in the world for many years. When the cost of servicing that debt…
Tag:
Debt
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From the fifteen year long Civil War which began in 1975, to the assassination of Prime Minister Rafik Hariri in 2005, to the sit-ins in downtown Beirut in 2007 and…
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People may like to think otherwise, but the majority of catastrophes throw very visible shadows ahead. For example, most floods can be foretold by analyzing the human impact on terrain…
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The steady decrease in Kafalat loans, which dropped by 17.2 percent in the first 10 months of the year compared to the same period of time in 2012 is likely…
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Economics The world oil market should remain well supplied in 2013 and OPEC does not need to trim back its oil output, OPEC secretary-general Abdullah al-Badri said Monday. More from…
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Economics The outlook for Lebanon’s banking system remains negative, Moody’s Investors Service said in a new Banking System Outlook published Wednesday. It added that the main drivers of the outlook…
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Forecast to reach an altitude of $55.4 billion by year’s end, the precarious flight of Lebanon’s arrears is ruffling far too few feathers among our policy makers. Instead, they’re counting…
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The mountain of bad debt still on the books of the United States banking system and now emerging in the European banking system, as well as the furious monetization of…
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Executive sat with Hasni to discuss the repercussions of the Dubai debt crisis on the emirate’s real estate market. E When Dubai World made the debt standstill announcement, what was…
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The real estate market in the GCC, especially in highly speculative Dubai, is still on a downward trend and companies are struggling to ensure their survival in these tumultuous times.…
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