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Wednesday, June 26, 2019

ECONOMIC DIPLOMACY

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Can Qatar really challenge Saudi Arabia’s influence over Lebanon?

Money always talks. Bilateral trade between Lebanon and Qatar grew by a record 48%: from $145,9 million in 2017 it rose to $216,2 million in 2018, said Sheikh Khalifa bin Jassim Al...
jordan river nasa space

Water-for-electricity: the Lebanese-Jordanian solution

What an idea! Water for electricity, as it sounds into the oil-for-food program for Saddam's Iraq. Actually, the water-for-electricity deal between Lebanon and the Jordanian Kingdom could be part of the solution....

Algerians protest in Algiers, Paris: “We want our democracy back”

Yesterday our Paris correspondent David Hury was in the crowd on the Republic Square. As in Algiers and in other European cities, Algerians had one message to the world: they want President...
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Hezbollah as “terror entity”: UK says ‘yes’, EU says ‘no’

Sorry UK, but branding Hezbollah as "terror entity" seems a bit anachronistic given the mess it has created for itself with Brexit and its questionable allies in the Middle East. Yet, in...
Illicit arms sales brings new dimension to Yemen war

Illicit arms sales brings new dimension to Yemen war

It comes as no surprise, illicit arms and weapons have been flowing into the war in Yemen with numerous examples of such weapons supplied by arm sellers, such as China, UK and...
Fouad Zmokhol RDCL World

Fouad Zmokhol on reforming Lebanon: “It’s time to act”

ByTheEast: A few weeks ago, Beirut hosted the Arab Economic and Social Development Summit which turned out to be a fiasco. Economic commentators pointed to the humiliation faced by Lebanon because...
Lebanon debt sustainability

Lebanon’s elephant in the room: its debt sustainability

Debt sustainability has become a focal point for Lebanon’s economy following comments made by its finance minister vis-a-vis its public debt. Beirut’s dollar dominated sovereign bonds also witnessed a sell-off midst a market turbulence following concerns...
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Debt restructuring is ‘absolutely not’ on the card

Introducing a restructured debt wasn’t an imminent future in Lebanon, thought Goldman Sachs. However, the country has turned its focus on investors’ recovery while financial crisis stands knocking at the country’s door.
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Growth rebound of 2% reported in MENA

The oil price hike is mostly behind the modest growth rebound which has proven to be beneficial to the local exporters of oil while the pressure was felt by the oil importers....
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Syria’s new constitution could dawn in 2019

Syria’s constitution got a shot in the arm when the United Nations along with Turkey, Iran and Russia voiced hope that the committee charged with writing it will begin work in early...