by Lebanon News Under Rug Swept | May 26, 2010 | Economy
Most Lebanese live paycheck to paycheck and our government isn’t far behind. Take a look at electricity supplies during the winter. How many times do we hear the same story: “ship carrying fuel cannot dock due to sea conditions, therefore we need to...
by Lebanon News Under Rug Swept | May 6, 2010 | Economy
Tourism Minister Fadi Aboud was all smiles at this year’s Arabian Travel Market taking place at the Dubai Convention Center and he had quite a lot to say: “Prove Israel wrong by visiting Lebanon. They have been trying to give the impression of another war....
by Lebanon News Under Rug Swept | Feb 27, 2010 | Economy
The US Government is on the offensive. Its launched a name-and-shame campaign against organizations who took stimulus money from the government but didn’t play by the rules. One of the organizations recently shamed: the American University of Beirut: The board...
by Lebanon News Under Rug Swept | Sep 23, 2009 | Economy
Two articles that I would like to highlight, the first from The Faster Times: A lot of bright news for the Lebanese economy recently, starting with a banner tourist season, and culminating in the recent word that the IMF projects a GDP growth rate of 7 percent by the...
by Lebanon News Under Rug Swept | Sep 23, 2009 | Economy
What was supposed to be a mundane announcement has a brought a smirk to my face: The Bank of Israel set the rate of the shekel higher against most of the currencies on its foreign exchange list on Monday. The exception was the Lebanese lira, which showed no change....
by Lebanon News Under Rug Swept | Apr 24, 2009 | Economy
Now The Economist is now also parading Lebanon’s great achievements, which follows on a similar note left by Time Magazine 4 days ago. LIKE shame-faced bankers the world over, managers at the Banque du Liban, Lebanon’s central bank, have had to admit that their...