This is Beirut, 07/11 15:45 - Reading : 3 minute(s)
Lebanese Economy and Trade Minister Amer Bsat made several key statements during his appearance on the television program “Sar El Waet.” He addressed multiple sensitive issues, including the financial-gap law, bank restructuring, and negotiations with the International Monetary Fund (IMF). Bsat emphasized that it is not possible to commit to ...
This is Beirut, 07/11 15:20 - Reading : 4 minute(s)
Negotiation skills refer to the capacities and methods used by an individual when engaging in discussions with another party in order to reach an agreement that satisfies both sides, without sacrificing the rights or interests of either. Key negotiation skills include planning, managing expectations, persuasion, problem-solving, decision-making, ...
This is Beirut, 06/11 18:20 - Reading : 3 minute(s)
Lebanon Central Bank Karim Souhaid Yassine Jaber Economy Banks
The Governor of the Central Bank of Lebanon, Karim Souhaid, clarified the situation by declaring that Lebanon’s crisis is not purely a financial one but rather a systemic crisis in which the banking sector has become a victim. This is what Souhaid stated clearly during the parliamentary session dedicated to discussing the 2025 budget draft, ...
This is Beirut, 06/11 13:55 - Reading : 3 minute(s)
Syria electricity poverty economy
In his workshop near the Syrian capital, Ghassan Aama is at a loss following a recent decision to massively hike electricity prices, even as much of the country continues to face extensive outages. Last month, the energy ministry raised prices by at least 60 times compared to the previous tariff, sending shockwaves through a population already ...
This is Beirut, 05/11 16:35 - Reading : 1 minute(s)
High-level banking sources were surprised by comments made by the senior adviser to the Minister of Finance, Yassine Jaber, to the “Al-Markaziya” outlet regarding depositors’ accounts. According to Samir Hammoud’s statement, “If there are irregularities in depositors’ accounts, there are also irregularities in banks’ ...
This is Beirut, 29/10 13:20 - Reading : 1 minute(s)
USA China Copper Economy Trade
The price of copper reached a record high in trading Wednesday, the industrial metal boosted by hopes of a truce in the US-China trade war. Copper hit $11,143 a tonne on the London Metal Exchange, also on concerns about tight global supply as a major mine in Indonesia remains shut following a deadly mudslide last month. The new high beat the ...
This is Beirut, 28/10 13:25 - Reading : 1 minute(s)
US online retail giant Amazon said Tuesday that it is eliminating 14,000 jobs to streamline its operations as it invests in artificial intelligence, without saying where the cuts will come. Amazon said in a statement the reductions were a "continuation" of its efforts "to get even stronger by further reducing bureaucracy, removing layers, and ...
This is Beirut, 28/10 09:05 - Reading : 3 minute(s)
Gulf Middle East Saudi Arabia Investment Economy FII
Saudi Arabia welcomes heads of state and the global business elite at a major investment conference this week as it seeks support for its sprawling "gigaprojects" and sky-high AI ambitions. Chinese Vice President Han Zheng, joined by several ministers and more than 150 business leaders, and Syria's interim president are among the guests at the ...
This is Beirut, 27/10 13:45 - Reading : 2 minute(s)
Donald Trump United States Canada Economy
US President Donald Trump said on Monday that he would not meet with Canada "for a while," as Prime Minister Mark Carney offered an olive branch to resume trade talks. Trump announced he would be hiking tariffs on Canadian goods by an additional 10 percent and terminated all trade talks following what he called a "fake" anti-tariff ad campaign ...
Liliane Mokbel, 23/10 17:20 - Reading : 2 minute(s)
Lebanon Banks Damascus Syria economy
The Central Bank of Syria has given domestic banks a six-month deadline to fully provision their claims on the Lebanese banking sector, estimated at $1.6 billion, according to a circular cited by Reuters. The directive does not specify the exact nature of these claims – whether deposits, placements or financial investments – making their ...
This is Beirut, 21/10 18:00 - Reading : less than a minute
Lebanon’s Consumer Price Index rose 0.6% in September 2025, compared with August 2025, according to official data. Year-on-year inflation reached 15.06%. At the governorate level, monthly increases varied significantly: Mount Lebanon, +0.90%; Beqaa, +0.69%; Nabatieh, +0.64%; Beirut, +0.27%; South Lebanon, +0.22%; and North Lebanon, ...
Christiane Tager, 18/10 16:00 - Reading : 3 minute(s)
The frenzy that gripped the cocoa market seems to be fading. In December 2024, the price per ton hit nearly $12,000, a historic high driven by fears of a worldwide shortage. However, since the summer of 2025, prices have dropped below $6,000, reaching their lowest point since February 2024, according to Bloomberg. This shift signals the end of a ...