This Is Beirut 2023-12-04 19:43 - Reading : 1 minute(s)
The Parliamentary Finance and Budget Committee, chaired by MP Ibrahim Kanaan, completed the study of the articles of the draft budget for the year 2024 on Monday and will start examining the budgets allocated to various administrations on Wednesday. The committee, which met on Monday, rejected the surcharges and new taxes proposed by the ...
Antoine Menassa 2023-12-04 17:06 - Reading : 2 minute(s)
We are currently witnessing unhealthy and, in any case, illegal attempts to cover the debts of Lebanon’s Central Bank (BDL). Unhealthy, because by adopting a balancing act, an attempt is being made to unjustly designate a scapegoat to bear the burden of the State's obligations to BDL, which amount to $72 billion... How? By highlighting the ...
This Is Beirut 2023-12-04 12:51 - Reading : 1 minute(s)
The price of gold broke its all-time high on Monday, reaching more than $2,100 per ounce (31.1 g), as traders bet on a cut in interest rates from the US Federal Reserve (FED) next year, following statements by FED boss Jerome Powell, who announced on Friday that rates are "well into restrictive territory," fanning hopes that the bank could begin ...
Liliane Mokbel 2023-12-03 16:23 - Reading : 3 minute(s)
The price of gold has reached multiple peaks in the final week of November 2023. Gold held steady with its weekly gains, closing the week at $2,053.30 per ounce on December 1, 2023, not far from its all-time high of $2,075.47 in August 2020. As a reminder, one ounce is equivalent to 31.10 grams. Gold prices rose amid increasing concerns about a ...