While it is true that exaggeration is somewhat of a national trait, when it comes to congestion getting in or out of Beirut—and driving inside it—it often feels that no…
Tag:
World Bank
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While everyone in Lebanon — from taxi drivers to elected officials — “knows” the country’s largest waste manager is as dirty as the trash it collects, when pressed for proof,…
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As Lebanon stares down increasing deficits, mounting debt, a history of fiscal inefficiency and recent complications posed by the Syrian war, the state’s finances are yet again in troubled waters.…
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In his 2003 book “The law of insolvency,” Ian Fletcher writes “commercial morality, and respect for the rule of law, may be said to constitute the very bedrock upon which…
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Economics and policy The World Bank has granted Jordan $70 million in financing to help it to extend small loans to young people in depressed rural areas that have suffered…
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The World Bank revised Lebanon’s real GDP growth for last year downward from 2.8 percent to 1.7 percent. More from The Daily Star The United Arab Emirates sees no…
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Economics Gold regained strength on Wednesday as a weaker US dollar spurred buying from jewellers, but prices were still within sight of an almost four-month low given signs of progress…
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Economics The Lebanese Public Sector Employees Association has confirmed it will participate in a strike and demonstrations scheduled for Wednesday. “The Cabinet should drop its policy of procrastination and forward…
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Russia overtook Saudi Arabia as the world’s largest crude producer in July, just one month after the kingdom took the top spot for the first time in six years. Production…
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