Inflation

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…

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…

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,…

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…

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…

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…

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…

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…

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…

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…