In the previous months, lockdown played a role in aggravating the economic and financial situation of the country; however, the easing of Read More
After a delay in government formation efforts, Lebanon’s economy is expected to contract further in 2021, in addition to drops in private Read More
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued Read More
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
