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…
Inflation
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One has to assume that there are many reasons why somewhat articulate people tend to intellectualize social and economic moments of despair or change. Distancing ourselves in various ways from…
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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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Friends of mine recently visited Lebanon for the second time, roughly a year since their first trip. Over the course of their weeklong stay they commented on how much more…
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Lebanon officially recorded two percent inflation from July 2012 to July 2013, new figures from the official Central Administration of Statistics (CAS) have shown. The numbers are a steep decline…
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The Syrian government announced in June the imposition of new restrictions on private sector imports, a move that reflects the authorities’ growing nervousness as all economic and financial indicators are…
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Even as Eric Le Borgne, lead economist at the World Bank, presented the body’s latest report on the Lebanese economy yesterday, he knew facts on the ground were already making…
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When Lebanon’s central bank announced a stimulus package in January, it was largely welcomed. But for the critics the main concern was inflation — more money in the economy would…
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Economics and Policy Kuwait's inflation rate fell to a three-and-a-half year low in March, with drops in housing costs and utilities driving the decline, KFH-Research has said in a new…
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Economics and Policy Saudi Arabia wants to raise its crude oil production capacity from its current 12.5m barrels per day to 15m barrels per day by 2020, a prince in…
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