Lebanon Recession

WASHINGTON, DC – JANUARY 06: A protester is seen inside the United States Capitol on January 06, 2021 … [+] in Washington, DC. Congress held a joint session today to ratify President-elect Joe Biden’s 306-232 victory over President Donald Trump. A group of Republican senators have said they will reject Electoral College votes in several …

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Lebanon Sectarianism

In his 1968 review of “Blood and Freedom”, an exhibition by Arref El Rayess (1928-2005) opened in the aftermath of the Six Day War, journalist Walid Shmait noted formal inconsistencies in the artist’s work. . He observed: “The path of revolution, for El Rayess, is divided in its appearances but is unified in concept and …

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Lebanon Sectarianism

The realities and attitudes towards the faith and community of Arab Christians are very different from those of their Western counterparts, as they are immersed and shaped by the multiple struggles that surround them, writes Harry Hagopian. Father Emmanuel Gharib, president of the National Evangelical Church of Kuwait and pastor of the Presbyterian Church of …

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Lebanon Economy

Beirut, Lebanon – With its economy in tatters and political wrangling hampering the prospects for recovery, Lebanon has little reason to celebrate in 2021. Towards the end of the year, Lebanese expatriates and tourists flock to the country, giving hungry restaurants, pubs and nightclubs a much needed injection of cash. But as hotels, restaurants and …

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Lebanon Recession

By ALEX VEIGA – AP Business Writer A late drop pulled the major indices in the red on Wall Street on Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the records they set a day earlier. The benchmark S&P 500 fell 0.3%. The Dow Jones and the Nasdaq each fell …

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Lebanon Political Corruption

Turkey’s historically strong relationship with Lebanon has been overshadowed by geopolitics and regional rivalries, namely the Iranian-Saudi battle for influence in the Middle East. Nevertheless, Ankara did openings in Lebanon in the form of aid and political support, and this is felt especially in areas with a Sunni majority. Tripoli is the poorest region in …

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Lebanon Economy

ISLAMABAD: Pakistan can export a wide range of products to Lebanon and the business community should step up efforts to tap the Beirut market to improve trade and exports, said Pakistan’s Ambassador-designate to Lebanon Salman Athar . During his visit to the Islamabad Chamber of Commerce and Industry (CICI) on Wednesday, the envoy held in-depth …

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Lebanon Political Corruption

A series of events suggests that the utility of at least some of the militias – in Lebanon, Yemen, Iraq and Palestine – is declining. As their popularity wanes, their relationship with Iran faces headwinds. This is an important development. After all, Iran’s basic strategy and defense concepts, in place since the clergy-led revolution overthrew …

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Lebanon Political Corruption

Lebanese Prime Minister Najib Mikati said on Tuesday central bank governor Riad Salameh is expected to remain in office for now, signaling continued political support for him despite investigations into embezzlement at home and abroad . “You don’t change your officers during a war,” Mikati said at a press conference referring to Mr. Salameh, adding …

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Lebanon Economy

BEIRUT – Lebanese Prime Minister Najib Mikati said on Tuesday that central bank governor Riad Salameh is expected to remain in office for now despite investigations into embezzlement against him at home and abroad. Speaking to reporters, Mikati said that “you don’t change officers during a war” in reference to Salameh, adding that he would …

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