I do remember year 1990, the first day in my whole life as a 7 years old, to see the feeble light coming out of the old lamps in my house. That was a big deal, why? Because that was the day electricity was restored to my village after 15 years of bloody dark civil war.
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Will Tunisian revolution in 2011 be like the French revolution (in 1789) that has contributed to the development in European social, political and economic reality?
Continue reading Will History Repeat itself in 21st Century?
It has been obvious and clear that Lebanese economy has surpassed local unstable political situation and the global financial crisis in the past years; thanks to the careful and smart monetary policy of the central bank (that avoided much investment in highly risky financial tools and kept away from giving loans without taking adequate guarantees and making enough assessment for each bank customer who requests a loan). The governor of the central bank, Riad Salami, has been rewarded an international prize because Lebanese banking management and system have been proved successful. Besides, Lebanon has been one of few countries in the world that has had an economic growth of 9% and 8% in 2008 and 2009 respectively.
Continue reading General View on Economic Improvement in Lebanon