'America First': What Economic Strategies Under Trump?

Christiane Tager 2024-11-13 17:20 - Reading : 3 minute(s)

Donald Trump European Union Gulf Middle East Trade

Donald Trump’s return to the White House would likely reinforce a protectionist and economically isolationist approach under the "America First" slogan, heightening challenges across international trade relations and geopolitical balances.   If Trump pursues a protectionist economic policy (America First) and adopts a more radical vision of ...

VideosExperts Warn Lebanon's 'White Economy' Is in Danger

This is Beirut 2024-11-12 15:35 - Reading : less than a minute

Lebanon

Due to the ongoing war in Lebanon, the “white economy” is struggling, while the “black economy” is growing. Here's a look at the difference between the two and the measures needed to protect Lebanon's #economy.

Bitcoin to Surge to $200,000, Trump to Make US Crypto Hub

Maurice Matta 2024-11-12 14:50 - Reading : 4 minute(s)

Banks Donald Trump Republicans United States Bitcoin Cryptocurrency

Cryptocurrency investors are buoyed by Donald Trump’s re-election and Republican control of the US Senate, given his support for digital assets. Many expect that the sector would benefit from a more favorable regulatory environment under a second Trump term. During the Bitcoin 202 conference, Trump pledged that, if he were to return to the White ...

Iran, Russia Link Bank Card Systems in Latest Move to Overcome Sanctions

This is Beirut 2024-11-12 13:20 - Reading : 2 minute(s)

Banks Russia Iran sanctions

Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions. Iranian banks have been excluded since 2018 from the SWIFT international financial messaging service, which governs the vast majority of transactions worldwide. The move is part of ...

SpotlightCorm Raises Alarm Over Internet Vulnerability

Christiane Tager 2024-11-12 09:30 - Reading : 3 minute(s)

Lebanon Internet Alfa Touch Starlink

As connectivity becomes a lifeline for everyone, Lebanon faces a serious threat to its internet network. Johnny Corm, the caretaker Minister of Telecommunications, has issued a stark warning, cautioning that the country's internet is at significant risk. Speaking to This is Beirut, he explained that “Lebanon’s airspace is open, allowing ...

Civil Servants on Strike From November 13 to 15

This is Beirut 2024-11-11 10:40 - Reading : 1 minute(s)

League of Civil Servants Strike

The League of Civil Servants announced on Monday its intention to initiate a warning strike in public administrations, with the exception of urgent cases, from Wednesday, November 13 to Friday, November 15. This decision follows the government's dismissal of civil servants' plea to eliminate the requirement for in-person work. In a press release ...

Bitcoin Breaks Records as Asian Markets Slump in Trump Era

This is Beirut 2024-11-11 10:40 - Reading : 3 minute(s)

China Donald Trump Asian markets

Most Asian markets fell Monday after China's keenly awaited plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win. Stocks rallied last week on hopes that a second Trump administration - supported by a ...

Lebanon-Syria Border Crossings Under Israeli Surveillance

Liliane Mokbel 2024-11-10 21:40 - Reading : 4 minute(s)

syria border crossings lebanon

The Lebanon-Syria border is dotted with countless unofficial crossing points. Without natural barriers like rivers, mountains or a coastal divide, an effective demarcation of the border remains challenging. There are currently only six official crossings, three of which have been put out of operation by Israeli strikes. Masnaa, Kaa, Daboussiyeh, ...

All Eyes on Central Bank’s Reserves

Liliane Mokbel 2024-11-07 19:20 - Reading : 3 minute(s)

Amal Central Bank of Lebanon Reserves

Political pressure from the Amal-Hezbollah duo on the government is mounting, driven by rising complaints among the displaced population and the decrease in international aid. Faced with limited options, Lebanon is now in a state of voluntary default. All eyes are set on the foreign currency reserves of Lebanon’s central bank (BDL) and the ...

Arbid Calls for Creation of Economic and Social Emergency Committee

This is Beirut 2024-11-07 17:45 - Reading : 2 minute(s)

The national emergency plan, the humanitarian and health situation and the aid distribution mechanism were discussed at a participatory working meeting held by the Economic, Social and Environmental Council (ESEC) on Thursday with the coordinators of the Emergency Committee, caretaker Environment Minister Nasser Yassin and caretaker Health ...

Trump 2024 Sparks Optimism in Financial Markets

Christiane Tager 2024-11-06 18:25 - Reading : 3 minute(s)

Donald Trump Dollar Elon Musk Oil prices

Global markets responded enthusiastically to Donald Trump’s victory as President of the United States. The US 10-year Treasury yield spiked above 4.4%, climbing 15 basis points overnight, while Wall Street opened with strong gains after the Republican win. Dow Jones futures surged 1,100 points pre-market, and Bitcoin broke past the $75,000 mark, ...

ExplainerRace to the White House: Trump vs. Harris on Economic Policies

Maurice Matta 2024-11-06 12:25 - Reading : 5 minute(s)

Democrats Donald Trump Republicans United States USA White House

The US elections extend beyond domestic concerns; their impact resonates worldwide due to the United States' power, wealth, and influence. With a gross domestic product approaching $28.8 trillion, the US is at the heart of global information, capital, goods, and services flows. Therefore, understanding the potential ramifications of the elections ...