Lebanon’s plight is not just piteous but shocking, to say the least. The reported wrangling among the politicians has dealt a body blow to the economy, with the currency losing a disastrous 90 per cent of its value and inflation spiralling sky-high.
The Continental Group, a leading insurance intermediary and financial services provider in the GCC region, recently hosted a webinar titled ‘Navigating the Current Geopolitical Climate’, fuelling discussions on the ongoing Russo-Ukrainian War and its
How out of control is inflation? One measure says it all: Prices are now rising as fast in one month as they used to rise in a whole year when President Joe Biden took office. The measure of inflation that gets the most attention is the consumer
The central banks across the world seem to have woken up to the reality of rising inflation, and they are using the one weapon in their hands, the interest rate, to tame inflation. The United Federal Reserve’s Federal Open Market Committee (FOMC)
Israel could pay a high price if its longest serving prime minister, Binyamin Netanyahu, succeeds in forming a new government which includes the extreme right-wing Jewish Power and Religious Zionism Parties. Both have been given ministries which could define Israel in future years.
Our news screens were erupting with breaking news of yet another mass shooting. But this time the news that began with a barrage of bullets also became something special — a tale of battlefield heroics on the homefront of a nightspot in Colorado Springs. A brave military veteran, Richard Fierro, had rushed toward the first flashes
The North Korean Central News Agency (KCNA) had revealed the contents of a message from Chinese President Xi Jinping, in which the Chinese leader said that China would like to work with North Korea for “peace, stability, development and prosperity of the region and the world.” This is said to be in response to North Korean leader
Voters in Taiwan overwhelmingly chose the opposition Nationalist party in several major races across the self-ruled island in an election Saturday in which lingering concerns about threats from China took a backseat to more local issues. Chiang Wan-an, the Nationalist party’s mayoral candidate, won the closely watched seat in