Economy Minister Raed Khoury called Tuesday for the drafting of a clear and comprehensive economic plan to be pursued by future successive governments. “We call upon the government, the Parliament and the private sector to draft a clear economic strategy which should be implemented by all future successive governments,” he ... Read More »
Paralyzed athlete launches North Pole expedition
“Disability is a state of mind,” declared the posters decorating the Grand Serail ballroom at Tuesday’s launch of paralyzed athlete Michael Haddad’s expedition to the North Pole, hosted by Prime Minister Saad Hariri. On the posters, Haddad wears a body brace, hangs from a massive boulder, and smiles. After a ... Read More »
Salameh: The Lebanese national currency remains stable due to the Bank’s monetary policy
Central Bank Gov. Riad Salameh Tuesday reassured the public that Lebanon’s national currency is still stable thanks to the monetary policy the bank has pursued. “The Lebanese pound is stable and will remain so. In June 2017, Banque du Liban has consolidated its foreign-currency reserves. This confirms that the Central ... Read More »
Donald Trump accused of inciting violence against journalists over video of him ‘body-slamming’ CNN
CNN accused President Donald Trump of encouraging violence against journalists after he posted a video on social media showing himself body slamming and repeatedly punching a man with the cable news network’s logo superimposed on his face. In the latest escalation of his war with the US news media the ... Read More »
Sony starts spinning vinyl after 30-year hiatus
Three decades after it abandoned vinyl production, Sony said it would start making records again on the back of surging demand for the retro music format. A factory southwest of Tokyo will be churning out freshly pressed records by March next year, Sony Music Entertainment said Thursday. The Japanese giant ... Read More »
Is war between rising China and dominant America inevitable?
let’s imagine a Chinese “applied history” project, similar to the one at Harvard’s Belfer Center that helped spawn professor Graham Allison’s widely discussed book “Destined for War.” Allison’s historical analysis led him to posit a “Thucydides Trap” and the danger (if not inevitability) of war between a rising China and ... Read More »
Tenants begin to leave properties under new rent law
Tenants under the old rent law have begun to leave the properties they have lived in for decades, following legislation passed in March that favored the rights of property owners. The law, which impacts approximately 200,000 apartments, mostly in Beirut and its suburbs, allows for an incremental increase in rents, ... Read More »
Arab nations extend deadline in Qatar crisis by 48 hours
Arab nations extended a deadline early Monday for Qatar to respond to their list of demands in a diplomatic crisis roiling the Gulf, saying Kuwait’s emir requested the delay as part of his efforts to mediate the dispute. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain cut off ties ... Read More »
Army arrests suspected killer of officer
In a statement over the weekend, the Army confirmed reports that a Syrian national suspected of the murder of an Army officer in 2014 had been arrested. Identified Saturday as Ahmad Khaled Diab, the suspect was officially apprehended by Army Intelligence “over affiliation with terrorist groups.” Following his arrest, Diab ... Read More »
Hariri to graduates: Don’t leave Lebanon
The economic future of Lebanon rests on the innovation and adaptive nature of the country’s youth, Prime Minister Saad Hariri said at a graduation ceremony at Antonine University in Mount Lebanon’s Baabda over the weekend. In his speech, the prime minister acknowledged the responsibility of the politicians to create and ... Read More »