The USA’s and most global markets’ Purchasing Managers’ Index (PMI) went up during February 2021. Cryptocurrency – Bitcoin appeared to be a preferred Read More
The month of January 2021 witnessed a further deterioration of the economic conditions in Lebanon. Besides the usual suspects of exchange rate depreciations Read More
Month of December marked a high manufacturing Purchasing Managers’ Index (PMI) for the US which increased from 56.7 in November to 57.1 in December, Read More
The US presidential election results brought an encouraging PMI reading of 56.7 in November. In fact, Business activity across both manufacturing and services Read More
In its October World Economic Outlook, the IMF revised the Global growth in 2020 at -4.4% (the worst annual plunge since the Great Read More
The huge explosion that ripped through the Port of Beirut on August 4, 2020, killing about 180 people and destroying large parts of the city, Read More
During the month of August, international countries continued to move beyond Coronavirus crisis and ease lockdowns which was translated in higher PMI Read More
During July, Lebanon continued to ease lockdowns and businesses reopened leading to a PMI reading of 44.9, up from 43.2 in June. However, the Read More
While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome Read More
Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Read More
