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.
The “base scenario”, presented by...
Russia-Ukraine crisis: The ramifications on Europe and MENA
Midst ongoing diplomatic efforts to avert what the United States and its allies say is a potential invasion of Ukraine by Russia, let us take a look at the background of the conflict and...
Natural gas and crude to dominate Turkey-Iran ties
Natural gas continues to play a significant role in Turkey-Iran relations despite threats from U.S. President Donald Trump that it will not allow any country to do business with America if it continues to...
Turkey U.S. relations hit road bump following diplomatic spat
As per a source, the newly appointed deputy foreign ministry of Turkey, Sedat Onal, is set to lead a delegation to the United States in order to discuss tensions between the NATO allies.
Turkey-U.S. relations...
Fake news legislation set to become law in Egypt
Fake news has become a growing menace. With the ever increasing reach of the internet, it is becoming increasingly easier for for those with an ulterior motive to spread disinformation and conspiracy theories online....
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 Bouteflika (and...
How “I-don’t-give-a-shitism” and corruption destroyed Beirut
Beirut was destroyed. Once again. On August 4, following a massive explosion that ravaged Beirut’s neighbourhood, including ones up to 10 km away, people in Lebanon got to know of the dangers of leaving...
Economic difficulties puts Iranian President under pressure to perform
Facing increasing economic difficulties, Iran’s lawmakers have given President Hassan Rouhani one month to appear before the parliament in order to answer queries on his government’s handling, reported Iran’s state media.
The development marks the...
Lebanese banking sector records ‘$4.7 billion’ growth
The “Lebanon Weekly Monitor” of Bank Audi reported that the Lebanese banking sector witnessed a rise in the assets and deposits made by customers in the six half of 2018 in comparison to its...
Cattle exports from Normandy to Iran comes to a grind
The export of cattle from Normandy to Iran has come to a standstill thanks to U.S. sanctions on Iran. According to a Senator from France, Washington’s economic policy is taking a toll on its...