Lost in the fog Lebanese insurers seek to ward off economic pressures and evil opinion spells The best thing to say about the performance of insurance companies in the year…
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The Beirut port explosion on August 4, 2020 resulted in the loss of more than 200 lives, countless wounded, and also massive insured losses now estimated to range between $1…
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Entrepreneurship
Cedar Oxygen: a ventilator for Lebanese industrialists?
by Nabil Makariby Nabil MakariEstablished in early 2020 as a private initiative to address the pressing social and economic difficulties of the Lebanese industrial sector, Cedar Oxygen was later approached by the Lebanese central…
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With Lebanon going through hyperinflation, some economists have deemed the establishment of a currency board (CB) necessary to help curb inflation. To better assess the possible establishment of a CB,…
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The Lebanese are currently subjected to depreciation, with the ever-rising prices of goods and services, self-imposed limits on withdrawals by banks at a rate of LBP 3,900 to the dollar,…
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It was the financial markets’ first big surprise of the year. In January 2015, the Swiss National Bank (SNB), the Alpine republic’s central bank, scrapped its 1.20 ceiling that limited…
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Lebanon first fell into the crosshairs of the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2011. Pressure from OFAC — effectively the world’s anti-money…
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United States currency policy concerns almost everyone: the Chinese, who hold some $876 billion in US treasury bills; the Middle East and North Africa, where nearly every nation’s currency…
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Finding the answer to the euro/dollar exchange rate equation is like evaluating two sides of the same coin. The question is, which one will land face up, and when?…
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Damascus has taken yet another step to unpeg its currency from the US dollar by delinking the Syrian pound (SYP) from the greenback and replacing it as a foreign exchange…