GDP

Assad regime cuts subsidies as Syria’s GDP falls to half prewar level

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Syria’s economy is in a tailspin, and the regime of President Bashar al-Assad is increasingly struggling to find resources to

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Lebanon expects 2011 GDP growth of 5%

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Lebanon’s real GDP will grow 5 percent in 2011 while inflation is expected to drop to 2.8 percent by the

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IMF: Lebanon GDP Could Grow By 8% In 2010

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Lebanon could see its gross domestic product grow by 8% or more this year, the International Monetary Fund said Tuesday.

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What Did We Have the Civil War for?

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By Ghassan Karam

Civil conflicts are not exactly uncommon in this world. There is hardly a nation state that has not had to overcome a major civil conflict as it was becoming established. In a sense, it appears that civil strife is a right of passage of some sort.

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Money Illusion

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By Ghassan Karam

The level of welfare of societies and even individuals should not be measured in purely monetary terms. This is not a proposition to be questioned since there are many other aspects that play a major role in determining the level of welfare.

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S&P upgrades Lebanon credit rating

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Standard & Poor’s Ratings Services raised Lebanon’s sovereign-credit ratings and gave them a positive outlook because of banking resilience and

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