TGS Secures 3D Seismic Survey License for Block No. 8
Christiane Tager 11/12 10:49 - Reading : 3 minute(s)
The license granted by the ministry allows TGS to conduct a comprehensive 3D seismic study spanning 1,300 square kilometers, making Block No. 8 the only block among Lebanon's ten offshore blocks to undergo such a survey for the first time. In his address, caretaker Minister of Energy Walid Fayad described this development as a pivotal milestone ...
Year-End Celebrations: Resilience Amid Echoes of War
Christiane Tager 06/12 13:50 - Reading : 2 minute(s)
Year-end festivities in Lebanon are expected to unfold in a gloomy atmosphere, driven by regional instability and the conflict between Hezbollah and Israel. The war has cast a shadow over the country, where tension is still palpable. Despite the challenges and lingering echoes of war in southern Lebanon and in Syria, the Lebanese are holding on ...
Lebanese Exports: Top Products and Destinations
Christiane Tager 04/12 17:10 - Reading : 2 minute(s)
Lebanese exports remain a vital pillar of the national economy despite significant challenges. Renowned for its agricultural produce, jewelry and wines, Lebanon continues to maintain a foothold in international markets. Key trading partners include nations in the Middle East, Europe and Africa. However, economic instability and logistical hurdles ...
Black Friday or the Day of Great Deals!
Christiane Tager 30/11 09:30 - Reading : 2 minute(s)
Black Friday, held annually the day after Thanksgiving—an American holiday celebrated on the fourth Thursday of November—marks the start of the Christmas shopping season. This event is characterized by significant discounts offered by both physical stores and online retailers. In Lebanon, some businesses began their promotions last Friday and ...
The Toll of a Devastating Conflict
Christiane Tager 27/11 10:00 - Reading : 4 minute(s)
Lebanon Hezbollah Israel Destruction
Lebanon finds itself once again at the heart of an exorbitantly costly conflict. The war between Israel and Hezbollah is not limited to military confrontation; it inflicts colossal damage on a country struggling to recover. Destroyed infrastructure, a paralyzed economy, and displaced populations — this conflict’s repercussions far exceed the ...
20 Lebanese Among Forbes’ 30 Under 30: A Breath of Hope for the Youth
Christiane Tager 20/11 14:45 - Reading : 2 minute(s)
Twenty Lebanese have been named to Forbes Middle East’s list of influential people under 30 for the year 2024, among 153 laureates from 24 different countries who are notable for their inventiveness and impact in the Middle East and North Africa (MENA) on the list. The 153 outstanding talents under 30 from 24 different countries were revealed ...
Freight Insurance: The Impact of War on Prices
Christiane Tager 20/11 10:00 - Reading : 2 minute(s)
Due to the ongoing war between Hezbollah and Israel, freight insurance premiums have surged, adding further pressure on Lebanese trade and, consequently, on consumers. Armed conflicts significantly increase the risks associated with maritime and land transport. Ships and cargo can be targeted or suffer collateral damage from hostilities. ...
The Shadow of War on the Holiday Season!
Christiane Tager 14/11 22:43 - Reading : 2 minute(s)
Hezbollah Israel Middle East tourism
As the year-end holidays approach, Lebanese expatriates who usually rush home to celebrate Christmas and New Year's with their families are now facing a grim reality. The ongoing conflict between Hezbollah and Israel is profoundly affecting Lebanon, turning it from a place of festivities and celebrations into a war zone. This year, behind the ...
Trade Under Fire: How Are Imports Faring in Times of War?
Christiane Tager 14/11 09:30 - Reading : 3 minute(s)
The import of essential goods during wartime presents a major logistical and economic challenge for Lebanon. Importing companies, already weakened by multiple successive crises, are now facing exorbitant costs and increased risks in transport. It's been around two months since the conflict between Israel and Hezbollah intensified, bringing a ...
'America First': What Economic Strategies Under Trump?
Christiane Tager 13/11 17:20 - Reading : 3 minute(s)
Donald Trump European Union Gulf Middle East Trade
Donald Trump’s return to the White House would likely reinforce a protectionist and economically isolationist approach under the "America First" slogan, heightening challenges across international trade relations and geopolitical balances. If Trump pursues a protectionist economic policy (America First) and adopts a more radical vision of ...
Corm Raises Alarm Over Internet Vulnerability
Christiane Tager 12/11 09:30 - Reading : 3 minute(s)
Lebanon Internet Alfa Touch Starlink
As connectivity becomes a lifeline for everyone, Lebanon faces a serious threat to its internet network. Johnny Corm, the caretaker Minister of Telecommunications, has issued a stark warning, cautioning that the country's internet is at significant risk. Speaking to This is Beirut, he explained that “Lebanon’s airspace is open, allowing ...
Trump 2024 Sparks Optimism in Financial Markets
Christiane Tager 06/11 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, ...
Rage and Despair: Lebanon's Missed Opportunities
Christiane Tager 01/11 20:00 - Reading : 3 minute(s)
Lebanon, a country with undeniable economic potential, has been experiencing a period marked by conflicts and socio-economic crises for several years. Beyond the human and material losses resulting from these events, it is essential to reflect on the missed opportunities that could have transformed the country's landscape and repositioned it on ...
Israel-Hezbollah Conflict: Lebanon's Staggering Loss Figures
Christiane Tager 30/10 21:45 - Reading : 2 minute(s)
Since the beginning of the conflict between Israel and Hezbollah on October 8, 2023, Lebanon has endured significant human and economic losses, further weakening a country that faces serious political and economic challenges. The impact of the persisting conflict is felt across all sectors. In an interview with This is Beirut, financial and ...
In Numbers: The Endangered Sectors
Christiane Tager 25/10 09:35 - Reading : 3 minute(s)
United Nations war infrastructure private sector
Lebanon, already grappling with severe economic and political crises, is now facing the devastating impact of the ongoing military conflict between Hezbollah and Israel. This war has plunged nearly every sector of the country into a critical state, from infrastructures, the private sector, and agriculture to energy, water, and trade. The ...