Economy

Hezbollah's Financing From Iran Undermined Following Assad's Fall in Syria
Hezbollah's Financing From Iran Undermined Following Assad's Fall in Syria

Hezbollah continues to pay salaries to its leaders, but the long-term sustainability of this practice is increasingly uncertain. The challenges in receiving Iranian funds have grown, compounded by the closure of hard drug production facilities in Syria. The land route to transfer these funds through Syria has been entirely shut down, and the air ...

Hello… Hello, Everything Is Falling Apart!
Hello… Hello, Everything Is Falling Apart!

Everything is falling apart! It's nearly impossible to normally connect to the web or make a phone call without constant interruptions. To make matters worse, outages and technical failures continue to spread across the country, even though the price hikes needed to sustain the sector have already been enforced. It’s long overdue for urgent ...

Trump to Impose New Tariffs on China, Mexico, and Canada as of  Next Week
Trump to Impose New Tariffs on China, Mexico, and Canada as of Next Week

US President Donald Trump said Thursday that he would impose an added 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing "unacceptable" fentanyl smuggling. Trump had announced – then halted – sweeping 25 percent levies on Canadian and Mexican imports this month over illegal immigration ...

Trade Exchange Between Lebanon and the European Union: Decline in Exports and Imports in 2024
Trade Exchange Between Lebanon and the European Union: Decline in Exports and Imports in 2024

Lebanon entered into the Partnership Agreement with the European Union in March 2003. On November 11, 2016, the Partnership Priorities and the Mutual Package between Lebanon and the European Union were approved, aiming to enhance mutual interests and improve economic cooperation. According to the latest trade figures in a report prepared by the ...

US stocks mixed on Nvidia results, latest Trump tariff talk
US stocks mixed on Nvidia results, latest Trump tariff talk

Wall Street stocks were mixed early Thursday following solid results from Nvidia as markets digested the latest tariff news from US President Donald Trump. Nvidia reported a net income of $22 billion in the fourth quarter as it cited "amazing" demand for its Blackwell chip technology. Analysts at UBS rated Nvidia's numbers as "good enough" while ...

French Finance Minister: EU Will 'Do the Same' if US Imposes Tariffs Hikes:
French Finance Minister: EU Will 'Do the Same' if US Imposes Tariffs Hikes:

French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States follows through with 25 percent tariffs announced by President Donald Trump. Trump threatened Wednesday to impose 25 percent tariffs on goods imported from the European Union. "It is clear that if the Americans maintain the ...

Electricity: Gradual Recovery of Power Supply
Electricity: Gradual Recovery of Power Supply

Électricité du Liban (EDL) has confirmed in a statement that the electricity supply issue has been resolved through cooperation with Iraq. Baghdad approved the shipment of necessary fuel under a fuel exchange agreement, which allowed the unloading of a diesel shipment (from January 2025) provided by the Ministry of Energy. This shipment had been ...

Stock Markets Rally with Tech in Focus
Stock Markets Rally with Tech in Focus

Asian and European stock markets rallied Wednesday, helped by renewed positivity over the tech sector, analysts said. Hong Kong closed up more than three percent, with investors snapping up stocks following a poor start to the week sparked by fresh concerns over US President Donald Trump's tariff plans. In Europe, Paris and Frankfurt led the ...

The Role of the US, EU and Arab Countries in Syria’s Economic Future
The Role of the US, EU and Arab Countries in Syria’s Economic Future

The Partial Lifting of European Sanctions Is Insufficient The partial lifting of European sanctions on Syria is a positive step that could help accelerate economic recovery. However, this measure remains inadequate given the urgent need for support. While some Gulf Cooperation Council (GCC) countries, notably Qatar and Saudi Arabia, are willing ...

From Drought to Frost: A Disrupted Winter for Agriculture
From Drought to Frost: A Disrupted Winter for Agriculture

After an unusually dry and warm start to winter, a severe cold wave and snowfall have hit Lebanon, causing major disruptions in the agricultural sector, particularly affecting sensitive crops. Farmers are facing a delicate situation as exceptionally low temperatures challenge the resilience of their plantations. Agriculture is grappling with ...

Caroline Fattal Ranks 6th in Forbes Middle East’s 10 Most Influential Businesswomen
Caroline Fattal Ranks 6th in Forbes Middle East’s 10 Most Influential Businesswomen

Caroline Fattal, president of the eponymous group, has secured the sixth spot in Forbes Middle East’s ranking of the 10 most influential businesswomen leading family businesses in the Middle East. She thus establishes herself as a key figure in family business in the region. President of the Fattal Group since 2022, Caroline Fattal became the ...