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1607 in English · 64 original-language stories

Economy

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EconomyTranslated

The Constitutional Council accepts Aoun’s appeal: The Republic of the Central Bank of Lebanon survives and expands

Megaphone: Central Bank Governor Karim Said, with the assistance of President Joseph Aoun, managed to secure broader protection for private banks in the coming period, after the Constitutional Council accepted Aoun’s appeal against Article Three of the Banking Reform and Restructuring Law yesterday, Tuesday. This step would preserve…

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EconomyTranslated

The assassination of Roland Al-Murr in Ashrafieh: What has become of the case?

Megaphone: On December 4, 2024, nearly two years ago, Lebanese Forces official Roland Al-Murr was killed by two bullets to the chest and a third that pierced his body, in the Ashrafieh area, and fingers of blame were pointed at the “Soldiers of God” militia affiliated with banker Antoine Sehnaoui. Two days later, on October 22 this year, …

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EconomyTranslated

Harsh winter... diesel prices are surging and nearing a twofold increase in 7 months

Kataeb: With the price of a can of diesel surpassing 30 dollars, and gasoline 31 dollars, the shock of soaring global oil prices is spilling over into the daily lives of Lebanese citizens—from transport to electricity, production and services, and most importantly, home heating through the use of «Chauffage» and «الصوبيات» in the regions…

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EconomyTranslated

Gold prices retreat!

Kataeb: Gold fell for a fourth consecutive session, as rising oil prices fueled inflation concerns, while investors await next week’s monetary policy meeting of the Federal Reserve (the U.S. central bank) for signals on the path of interest rates, according to…

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EconomyTranslated

Should We Buy Gold Now or Wait for a Major Price Drop?

Al Joumhouria: From the historic peak to the sharp correction, the question in global markets is no longer whether gold is a safe haven, but when buying it becomes a worthwhile investment. The yellow metal, which surpassed 5500 dollars per ounce in Jan…

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EconomyTranslated

Prices of gasoline and diesel fall... What about gas?

Al Joumhouria: Today, the price of a 95- and 98-octane gasoline canister fell by 34 thousand lira, and diesel by 15 thousand lira, while the price of a gas cylinder rose by 76 thousand lira. Prices became as follows: 95-octane gasoline: two million 739 thousand…

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EconomyTranslated

Does Lebanon need an IMF agreement or an economic project?

Al Joumhouria: Lebanon is not suffering merely from a liquidity crisis or a public finance deficit, but is facing a crisis of an economic model that has depleted its foundations, its productive capacity has declined, its institutions have been damaged, and trust between the state, the citizen, the investor and the sector…

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