This is Beirut, 24/01 19:30 - Reading : 4 minute(s)
Paris Donald Trump dollar New York
Global stocks diverged on Friday as investors weighed corporate earnings, economic data and President Donald Trump's policies. Meanwhile the US dollar lost more than one percent against the euro and pound following the US president's comments about not wanting to impose tariffs on China and calling for lower interest rates. The S&P 500 edged ...
This is Beirut, 20/01 11:10 - Reading : 3 minute(s)
Paris Donald Trump dollar Washington immigration
Most Asian markets rose Monday following a rally on Wall Street and a record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping that soothed worries about the incoming US leader's second term. A sense of caution has permeated trading floors ahead of the tycoon's inauguration ...
Christiane Tager, 11/01 13:00 - Reading : 2 minute(s)
Banks Central Bank of Lebanon Lebanese Pound Dollar Joseph Aoun
For some time now, rumors have suggested a drop in the exchange rate from 89,500 pounds per dollar to 50,000. However, Nassib Ghobril, Chief Economist at Byblos Bank, dismisses such claims as “not serious.” “The Lebanese pound has experienced a frenzied demand since the ceasefire and Thursday’s presidential election. Speculators started ...
This is Beirut, 2024-12-16 13:45 - Reading : 2 minute(s)
Damascus USA dollar Syrian Pound
The Syrian pound has begun to recover against the dollar after president Bashar al-Assad's ouster, moneychangers and traders said Monday as foreign currencies again became available on the local market. On December 7 -- the day before Damascus fell to a rebel coalition led by the Islamist Hayat Tahrir al-Sham group – the rate had plunged to ...
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, ...
This is Beirut, 2024-11-06 09:45 - Reading : 3 minute(s)
Donald Trump Republicans bitcoin dollar
The dollar surged and bitcoin hit a record high Wednesday as traders bet on a victory for Donald Trump as he picked up key swing states needed to take the White House, ramping up bets on fresh tax cuts, tariffs and rising inflation. While polls had shown the race on a knife edge, the Republican appeared to be faring better than his Democratic ...
2023-12-31 17:26 - Reading : 7 minute(s)
The year 2023 has been marked by numerous uncertainties and cautious optimism in Lebanon. The economic retrospective of the past year is largely shaped by the impacts of a series of economic and political upheavals. However, amidst the challenges, there have been positive developments. Let's reflect on some significant events. The Dollar Reaches ...