Last month’s market news was tainted with scandals yet again, most notably British bank Standard Chartered was accused of hiding some 60,000 transactions facilitated for Iran, worth approximately $250 billion. …
lebanon
-
-
Arabs across the Middle East and North Africa took action for social, political and economic change in 2011; the Lebanese, meanwhile, largely stood silently by as their country continued to …
-
Tasked with putting together a national budget, managing a crippling public debt, as well as paying for a bloated public sector rife with patronage and sectarianism, Finance Minister Mohamad Safadi …
-
Lebanon has spent enough money to build enough nuclear power plants to power the country several times over and still suffers from chronic power cuts and losses. According to the …
-
When future generations of Lebanese look back on 2011, they may remember it as a year when the economy, having driven up the growth graph since the 2006 war, simply …
-
Officially charged with powering the nation, Electricité du Liban (EDL) is today perhaps the epitome of Lebanon’s political ineptitude, and one that nearly pulled the plug on the fledgling cabinet …
-
Lebanon has among the slowest broadband Internet speeds in the world. This has been well documented, and as Executive went to press the country was ranked 169 out of 170 …
-
Executive caught Rudy Sayegh at a bad time. “There’s blood on the street,” joked HSBC Lebanon’s managing director as he walked into his office. Sayegh had just wrapped up a …
-
The cataclysmic crash in global financial markets in 2008 was a smack in the face with a wet fish for both bankers and investors alike. A new reality emerged in …
-
If Daniel Bellemare, the prosecutor for the Special Tribunal for Lebanon, is planning to base his case against the four Hezbollah members indicted for the assassination of Rafik Hariri solely …
