European Central Bank (ECB)’s president Mario Draghi announced last month an unlimited bond-buying program to save the Eurozone and its debt-loaded countries. The United States Federal Reserve is also buying …
Inflation
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Saudi Arabia's annual inflation eased to 3.8 percent in August, its lowest level in almost three years, government statistics showed. Slower increases in rents were highlighted as the cause of …
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Fuel is expensive. Food is expensive. Rent is expensive. Everything, it would seem, has become expensive. Over recent years trips to the gas station, the supermarket and the landlord have …
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The spectacular rebound of emerging markets after the recent recession was driven in no small part by China’s emergency stimulus package in late 2008, arguably the timeliest and the largest …
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According to the Consultation and Research Institute (CRI), a private consulting firm, February saw real prices in Lebanon deflate. Throughout the month, the consumer price index (CPI), the premier indicator …
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Inflation was the biggest economic story in the Middle East for 2008, before the global financial system almost completely self-destructed. While inflation was a global problem due to a sharp …
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The world is currently facing some of the most challenging financial markets seen in the last few decades. The subprime crisis and its fallout has helped tip the US into …
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In a highly publicized speech at the end of July 2004, Maronite Patriarch Cardinal Nasrallah Butros Sfeir called on the government to review the minimum wage in Lebanon (which currently …
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