The Bearish Case For Oil In 2017

By Todd Royal Tis’ the season to not be a curmudgeon, but let’s not throw common investment sense away, because OPEC made a deal. This cutback on production has been a long time coming, and...

A tale of two Lebanons

Based on MoF data, 60% of Lebanese makes less than $1000 per month and 82% make less than $3,333. by Dan Azzi -Source: Annahar I heard that one of my favorite restaurants is closing. I love...

Turkey’s Garanti says reclassifies Oger debt as ‘closely watched’

Turkey’s Garanti Bank reclassified Oger Telecom’s debt as “closely watched” as of the end of 2017, it said on Jan. 11, keeping the troubled loan on its books after Oger has repeatedly failed to...

Is The Rig Count Still Relevant?

By Irina Slav  The weekly rig count report that Baker Hughes releases is probably on everyone’s not-to-miss schedule. However, its days as one of the most reliable U.S. oil industry growth metrics seem to be numbered:...

Sarah Al Suhaimi to Become the First Woman to Head Saudi Arabia’s Stock Exchange

by  Vivian Nereim  and  Matthew Martin NCB Capital Co. Chief Executive Officer Sarah Al Suhaimi will become the first woman to chair Saudi Arabia’s stock exchange, the largest bourse in the Middle East. Al Suhaimi was...

WEF warns of growing array of global risks

The global economy faces a worrying array of risks, from natural disasters related to climate change to the rise of Daesh and hacking, according to experts polled by the World Economic Forum, which organizes...

Human-Sheep Hybrids Could Grow Human Organs for Transplant and Even Cure Diabetes

By Katherine Hignett Scientists have created human-sheep hybrids in a step toward human organ production in animals. The approach could one day supply organs for transplantation in humans and even offer a cure for Type 1 diabetes. Researchers Hiro Nakauchi from...

Հաղորդագրութիւն

Նկատի ունենալով, որ ՆՍՕՏՏ Արամ Ա. սրբազնագոյն կաթողիկոս 2019-ը «Հայ մամուլի տարի» հռչակած է, անսալով վեհափառ հայրապետի կոչին, Լիբանանի հայոց Ազգային առաջնորդարանը ծրագրած է կարգ մը նախաձեռնութիւններ, որոնց մասին օրը-օրին պիտի հաղորդէ մեր ժողովուրդի...

Belt and Road Forum: Is the China-Pakistan Economic Corridor failing?

Pakistan's Prime Minister Imran Khan is participating in the second Belt and Road Forum in Beijing amid reports that the multi-billion dollar China-Pakistan Economic Corridor project is not really moving forward. China on Tuesday reiterated...

ECB sees weaker growth, inflation in the euro zone

The European Central Bank cut its inflation and growth forecasts for the euro zone and its president said things could get worse. The bank pledged to beef up or prolong its bond-buying program if the...

What’s Riad Salameh thinking

Salameh was used to miracles. He’d seen the country teeter on the edge, and through a combination of skillful maneuvering, luck, and loyal friends of Lebanon, was able to avert disaster multiple times. by Dan...

The devaluation of the Lebanese Dollar

Either way, people who are familiar with the global market levels, in which many junk bonds are now yielding negative rates, realize that there’s something wrong with this picture. by Dan Azzi -Source: Annahar Staff I...

Refinitiv Partners With DDCAP To Provide Trading Workflow For Sharia’a-Compliant Transactions ​

Refinitiv Partners With DDCAP Group To Provide A Fully Integrated Treasury Trading Workflow For Sharia’a-Compliant Transactions DUBAI, UNITED ARAB EMIRATES – Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, has signed a partnership agreement with DDCAP...

National Bank of Fujairah selects Thomson Reuters ONESOURCE Fast VAT service for its Corporate...

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, has been selected by National Bank of Fujairah (NBF) to provide a Value Added Tax (VAT) solution for its Corporate &...

IMF denies blasting Lebanese government over blatant corruption

During a five-minute recording, an individual identified by the IMF as Mohamad Zeidan signals that "Lebanon's level of corruption can only be compared to that of Botswana," a landlocked country located in Southern Africa. by...

First train from China to Europe makes ‘Silk Railway’ dream come true in Turkey

DAILY SABAH China Express Railway freight train was hailed and sent off to its final destination to Prague, Ankara, Nov. 6, 2019. (AA Photo) The countries in the Middle Corridor of China's Belt and Road project...

Inside These Hedge Funds, Quiet Family Affairs for the Boss

Step inside Table Management, an obscure investment firm in New York, and something strange happens: you’re transported to the rarefied realm of Bill Ackman, the billionaire hedge fund manager. Table, it turns out, is sort of...

Dissecting deposits: The case of Lebanon’s missing $70 Billion

Prices in Lebanon are like stairs, they go up, then stabilize for a while, and then go up again, they don't fall. by Dan Azzi -Source: Annahar Most so-called local economic reports read more like...

Cargo ship loses 270 containers near German island in North Sea

The containers had fallen off a Panamanian-flagged ship — one of the world's biggest — in rough weather. Authorities are warning people to beware of the cargo washing ashore as some of them contained...

Where did the $22 billion go

The balance sheet of the Federal Reserve (The Central bank of the US) is $4 trillion, which is 40% of the total bank deposits or the same as the US government’s annual budget or...