Beirut | Tags | Econostrum | Economic News in the Mediterranean

The IMF criticizes the slow implementation of reforms in Lebanon

09/22/2022 | Society / Institutions

LEBANON. A delegation from the International Monetary Fund (IMF) came to see the progress of Lebanon's reforms and pointed out that they have been slow despite the deep economic and social crisis the country has been experiencing.

Lebanon will be able to extract its own natural gas

09/20/2022 | Industry

LEBANON / ISRAEL. Negotiations on maritime boundaries between Lebanon and Israel are expected to end soon with an agreement allowing Beirut to extract natural gas from an offshore field.

Lebanon threatens to expel Syrian refugees if it does not get $3.2bn in international aid

06/21/2022 | Society / Institutions

LEBANON. The Lebanon Crisis Response Plan 2022-2023 is to raise $3.2 billion in aid from its participants to support Syrian and Palestinian host families and refugees.

Beirut, Hector Hajjar, humanitarian aid, LCRP, Lebanon, Lebanon Crisis Response Plan, Najat Rochdi, Najib Mikati, Olivier De Schutter, Palestine, refugees, Syria, UN Refugee Agency, UNHCR, United Nations, World Bank

Shiites could lose their majority in the Lebanese parliament

05/17/2022 | Society / Institutions

LEBANON. The abstention was the big winner of the legislative elections in Lebanon which could see a change of majority in the Parliament.

Amal, Beirut, CPL, Free Patriotic Current, Lebanese Forces, Lebanese parliament, Lebanon, Michel Aoun, Nabih Berri, Saad Hariri, Samir Geagea

Nanterre court issues international arrest warrant for Carlos Ghosn

04/26/2022 | Society / Institutions

FRANCE / LEBANON. The Court of Nanterre issues an international arrest warrant against the former president of Renault who has taken refuge in Beirut to escape Japanese justice.

Lebanese justice prohibits the governor of the Central Bank of Lebanon to leave the country

01/13/2022 | Society / Institutions

LEBANON. Riad Salamé, Governor of the Central Bank of Lebanon, is facing several legal proceedings in his country, but also in France, Switzerland and Luxembourg. He has been banned from leaving Lebanon by a court order.

Accountability now, Amanior, BDL, Beirut, Central Bank of Lebanon, Collective of Victims of Fraudulent and Criminal Practices in Lebanon, financial crimes, France, Gallup, Ghada Aoun, Governor of the Central Bank of Lebanon, ICIJ, International Consortium of Investigative Journalists, Lebanon, Merrill Lynch, Michel Aoun, money laundering, Mount Lebanon, Najib Mikati, Panama Papers, Pandora Papers, Paris, Parquet du Luxembourg, Parquet national financier, People want reform of the system, PNF, Ponzi pyramid, Rafic Hariri, Riad Salamé, Saad Hariri, Switzerland, Syria, Toscana, Transparency International, Trident Trust, World Bank

UN Secretary General raises his voice in Lebanon

12/20/2021 | Society / Institutions

LEBANON. Visiting Lebanon, Guterres calls on political leaders to restore the economy, government and effective institutions.

António Guterres, Banque du Liban, Beirut, Bretton Woods, IMF, International Monetary Fund, Jerry, World Bank

French-Tunisian to head EBRD office in Beirut

08/26/2021 | People

LEBANON. The European Bank for Reconstruction and Development (EBRD) appoints Khalil Dinguizli as Head of Operations in Lebanon.

Beirut, EBRD, European Bank for Reconstruction and Development, Gretchen Biery, Khalil Dinguizli, Lebanon, notebook, Philip ter Woort

Tunisian President Kaïs Saïed assumes full powers

07/27/2021 | Society / Institutions

TUNISIA. Ten years after the Jasmine revolution, seven years after the vote of a new constitution, is the Tunisian government succumbing to the temptation of returning to dictatorship after the freezing of the activities of the Parliament, the dismissal of the Prime Minister and the lifting of the immunity of the deputies?

Christian Graeff: "The has-beens are now out of the game in Libya"

04/09/2021 | Society / Institutions

LIBYA. In an exclusive interview granted to econostrum.info, Christian Graeff, French ambassador to Libya from 1982 to 1985, gives a less than optimistic assessment of the future of this country torn apart by its divisions for ten years. The ninety-seven year old diplomat however gives the keys to avoid a "Syrianization" of Libya.

President Michel Aoun gives his Prime Minister-designate an ultimatum

03/18/2021 | Society / Institutions

LEBANON. After five months of political stalemate in Lebanon, President Michel Aoun asked Saad Hariri to form a government immediately or step down as Prime Minister-designate.

Baabda, Beirut, FPC, Free Patriotic Current, Future Party, Hassan Diab, Hezbollah, Lebanese Book, Lebanon, Michel Aoun, politics, Saad Hariri

The fall of the Lebanese Pound, mirror of an exsanguinated economy

03/03/2021 | Society / Institutions

LEBANON. While their country has been without a government for the past six months, the Lebanese are seeing their economy sink further and further, as is their currency, which now trades on the parallel market at £10,000 to $1.

version française

The port of Beirut has once again been the victim of a disaster

09/10/2020 | Environment

LEBANON. One month after the two explosions that caused 180 deaths, the port of Beirut is in the grip of a huge fire.

Version française

Bassem al-Kaissi, Beirut, disaster, fire, Lebanese Red Cross, Lebanon, port of Beirut

Mustapha Adib appointed Prime Minister in Lebanon

08/31/2020 | People

LEBANON. The new Lebanese President, Mustapha Adib indicates that he wants to form a government in record time to bring Lebanon out of the economic slump.

Beirut, economy, IMF International Monetary Fund, Lebanon, Michel Aoun, Moustapha Adib, notebook, politics

The port of Beirut suffered less than expected

08/27/2020 | Transport

LEBANON. "The port is once again operating at 100%, for imports and exports" according to the new director of the port.

Bassem el-Kaïssi, Beirut, Lebanon, port of Beirut

Expat remittances – An aid to better living in Lebanon

03/21/2016 | Socio-economic assessments

Remittances of money from investments or bank deposits sent back by Lebanese expats to their families represent a vital component of the Lebanese economy and an important part of its financial resources. A study published recently by Chogig Kasparian, professor at St. Joseph University, Beirut, has shed new light on the subject, with the statistical data it contains being immediately put to use. Version française

Beirut, Chogig Kasparian, Femise, Observatoire Universitaire de la Réalité Socio-Economique, Remittances of money, St. Joseph University

econostrum.info launches en.econostrum.info

11/09/2012 | Services

MEDITERRANEAN. The econostrum.info website, specialized in current events on the economy of Mediterranean countries, launches a version in english.

Algiers, Athens, Barcelona, Beirut, Cairo, Casablanca, correspondents, economy, econostrum.info, editorial staff, english, Jerusalem, journalists, launches, Lisbon, Mediterranean, readers, Tirana

Remittances from migrants an asset to countries of origin

10/16/2012 | Socio-economic assessments

MEDITERRANEAN. On 16 and 17 April 2011, Femise, the network of economic research institutions that deal with issues that affect the Mediterranean, and the ERF, a network of three hundred economists from the Mediterranean, brought some fifty experts together in Istanbul to discuss “Migration in the Arab region: Factors and consequences.” Focus on remittances from emigrants.