This is Beirut 15/03 09:40 - Reading : 2 minute(s)
Banks European Union International Monetary Fund
Ratings agency Moody's on Friday upgraded Greece's credit rating, pulling the country out of junk territory after its years of struggling to recover from a debt crisis. Along with the ratings elevation from Ba1 to Baa3, Moody's changed its outlook for Greece from positive to stable. The other two major ratings agencies, S&P and ...
This is Beirut 15/03 08:15 - Reading : 3 minute(s)
On the surface, there is an intention to build a nation based on institutions, transparency and proper governance. However, in reality, Kulluna Irada has become nothing more than a breeding ground for theft, corruption, deception and falsification, all with destructive objectives for the country. The association, which was originally tasked with ...
This is Beirut 14/03 18:20 - Reading : 1 minute(s)
Economic Organizations Downtown Beirut Lebanon
Beirut's downtown is set to be revitalized before the end of March. The President of Economic Organizations, Mohammad Choucair, held a meeting on Friday with Beirut’s mohafez, Marwan Abboud, as well as the city's municipal council president, Abdallah Darwish. The aim of the meeting was to discuss measures to revive Beirut's downtown. ...
This is Beirut 14/03 14:30 - Reading : 3 minute(s)
Donald Trump European Union Democrats Republicans United Kingdom
Safe-haven gold surpassed $3,000 for the first time Friday, boosted by uncertainty over US President Donald Trump's tariffs, while stock markets gained on hopes US lawmakers will avert a government shutdown. "Markets hate uncertainty, and Trump's second tenure in the White House has served to provide huge instability over expectations for trade, ...
This is Beirut 14/03 08:30 - Reading : 4 minute(s)
Demands for accountability from Kulluna Irada have intensified over its actions in recent years, particularly since the 2019 financial crisis. This includes the decision by former Prime Minister Hassane Diab's government to declare Lebanon bankrupt, its failure to repay debts, and its role in destabilizing the country's monetary and financial ...
Maurice Matta 13/03 22:40 - Reading : 3 minute(s)
International Monetary Fund Banks Joseph Aoun Banque du Liban Washington
Finance Minister Yassine Jaber made reassuring remarks regarding negotiations with the International Monetary Fund (IMF) following an extensive meeting held at the Ministry of Finance with the IMF mission. During the meeting, Jaber affirmed that the elimination or partial deduction of bank deposits is a sovereign and national decision, ...
This is Beirut 13/03 21:22 - Reading : 3 minute(s)
Qatar has begun funding gas supplies to Syria from Jordan, state media in the Gulf state reported Thursday, as Damascus's new leadership seeks economic relief for the war-torn country. "Qatar has started today providing... natural gas supplies to the Syrian Arab Republic through the territories of the Hashemite Kingdom of Jordan," ...
Christiane Tager 13/03 21:10 - Reading : 2 minute(s)
After years of economic hardship, Lebanese citizens are finally beginning to see the possibility of replacing their vehicle or purchasing one for the first time. Auto loans, previously halted due to the devaluation of the Lebanese pound, banking restrictions and the financial crisis, are now being offered again, though in a very limited capacity ...
This is Beirut 13/03 15:00 - Reading : 2 minute(s)
Donald Trump European Union United States France Tariffs
US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey. "If this tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, ...
This is Beirut 13/03 14:00 - Reading : 1 minute(s)
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday. The IEA noted that crude prices dropped in February and early March as concerns grew about the impact of trade tensions on the global economy and ...
This is Beirut 13/03 09:25 - Reading : 3 minute(s)
Kulluna Irada is an organization that claims to uphold the law, pursue corrupt individuals, and fight corruption in the name of good governance and reform. However, in practice, the activities of Kulluna Irada violate both the law and the objectives for which the organization was granted official recognition by the Ministry of Interior and ...
This is Beirut 12/03 20:30 - Reading : 5 minute(s)
Lebanese authorities announced the resumption of negotiations with the International Monetary Fund (IMF) to reach a final agreement that would grant the country loans while advancing its reform agenda. Talks between the Lebanese government and the IMF began on Wednesday, aiming for a staff-level agreement as a step toward broader negotiations to ...