Via Politics Today, a look at how Lebanon, Iran and Sudan are all suffering from a lack of energy sources, but these are merely underlying causes of a larger issue: their real struggle will be in overcoming rampant inflation: Political instability has arisen around the world, driven by rising costs, food insecurity, and current effects of […]
Read more »Via Silk Road Briefing, a look at some significant MENA-based BRI projects: The MENA region – the Middle-East and North Africa – has also been targeted as part of Beijing’s Belt & Road Initiative, with greater interconnectivity and supply chains to much needed oil and gas reserves being put in place. The MENA region has vast […]
Read more »Via Foreign Policy, a look at how business interests prevent Lebanon from rebuilding its infrastructure, government, and economy: Even after decades, the international community still has not quite figured out what makes Lebanese politicians tick. Potential donors focus on economic mismanagement and political will, but gloss over the shady commercial interests that keep sectarian leaders popular. […]
Read more »Via The Washington Post, a report on Lebanon’s financial crisis: Most parts of Lebanon are receiving no more than two or three hours of electricity a day. An incoming flight at Beirut’s airport had to abort a landing this month because the lights on the runway went out. The traffic signals in the capital have […]
Read more »Via CNN, a report on Lebanon’s economic strife: If you’re visiting Beirut, your typical walking tour will span the tip of the peninsula to historic neighborhoods in the eastern quarter. You’ll likely walk along the seaside boardwalk, saunter through the glitzy downtown area, and barhop on Gemmayze street, or its nearby nightlife hotspots. Along the way, […]
Read more »Via The Economist, a look at Lebanon’s economic woes: In the lobby of a Beirut bank, three customers stuff wads of $100 bills into plastic bags. Each note has its serial number recorded on a receipt, as local law requires. One man’s receipt was so long it trailed on the ground as he left the […]
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