Last week, Prime Minister Najib Mikati warned that by the end of the month, there will be an inability to...
With the country entering new levels of its accentuating crisis, Lebanon’s way out depends on the resolution of its current...
The pace of the Lebanese lira’s collapse against the dollar is accelerating, after it reached over 80,000 pounds to the dollar in the last few hours. While the decrease in value is unsurprising, these large jumps in devaluation make one believe the pound is endlessly plummeting. This idea is reinforced...
The late Nobel Prize-winning economist Milton Friedman once said, “Inflation is just like alcoholism; in both cases, when you start...
After Lebanon and Israel finally approved their joint maritime border agreement, politicians have been rallying behind the ability of gas...
When a country’s living conditions deteriorate, poverty takes its middle classes by storm, dropping them in a quagmire of needs and destitution. In this situation, certain professions and trades prevail that secure barely enough nutrition for a small family, let alone a single member of this family. This is the...
On rent laws, investments, and gentrification in Lebanon’s capital.
The road to Lebanon’s economic recovery is long and winding, blocked by people with power who are protecting their own interests.
And the fate of depositors' savings.
“If the accident doesn’t kill us, the road will,” said Lena Gebrane, VP of Kunhadi.
The start of July marked the rise of the telecoms prices of “Alfa” and “Touch,” at a time when private internet distribution companies had already pre-empted official procedures and increased their prices monthly. On May 20, the decision was approved by the government and was set to be put into...