Business Financial Services

30/05/2020

https://bit.ly/2TVTjSy

Forbes said the Jenners had exaggerated claims about Kylie's wealth and her company's earnings.

20/05/2020

https://www.lebanonfiles.com/articles/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%88%d9%85%d8%a7%d9%84%d9%8a%d8%a9/%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d9%85%d9%81%d9%82%d9%88%d8%af-%d9%88%d8%a7%d9%84%d9%85%d9%86%d8%b5%d9%91%d8%a9-%d8%a5%d9%84%d9%89-%d8%a3%d9%88%d8%a7%d8%ae%d8%b1-%d8%ad%d8%b2%d9%8a/

الدولار فُقد من الأسواق وإن لم يُفقد فهو نادر جداً ويتمّ التفتيش عنه "بالسراج والفتيلة" لشرائه وعند سعر يتخطى الـ4000 ليرة للدولار الواحد. هكذا أصبحت السوق الموازية ال...

20/05/2020

https://www.lebanonfiles.com/articles/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%88%d9%85%d8%a7%d9%84%d9%8a%d8%a9/%d9%82%d8%b1%d8%a7%d8%b1-%d8%ac%d8%af%d9%8a%d8%af-%d9%84%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d8%a7%d9%84-%d9%87%d8%b0%d8%a7-%d9%85%d8%a7-%d8%ac%d8%a7%d8%a1-%d8%a8%d9%87/

أصدر وزير المالية د. غازي وزني قراراً يتعلّق بعدم احتساب فترة تعليق المهل التي نصّ عليها القانون رقم 160 تاريخ 8/5/2020 (تعليق المهل القانونية والقضائية والعقدية)، ضمن مد....

19/05/2020

https://kataeb.org/%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D9%86%D8%B5%D9%81-%D9%88%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-5-%D8%A8%D9%86%D9%88%D9%83-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9/2020/05/17/%D8%A5%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1

كتبت صحيفة

18/05/2020

https://www.lebanonfiles.com/articles/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%88%d9%85%d8%a7%d9%84%d9%8a%d8%a9/%d8%a3%d8%b5%d8%ad%d8%a7%d8%a8-%d8%a7%d9%84%d9%85%d8%ad%d8%b7%d8%a7%d8%aa-%d9%84%d9%86%d8%b9%d9%85%d8%a9-%d8%a7%d9%84%d8%b4%d8%b1%d9%83%d8%a7%d8%aa-%d8%a7%d9%84%d9%85%d8%b3%d8%aa%d9%88%d8%b1%d8%af/

التقى اليوم وفد من نقابة اصحاب محطات المحروقات في لبنان برئاسة النقيب سامي البركس وزير الاقتصاد والتجارة الدكتور راؤول نعمه للبحث بالمشاكل الاساسية التي تهدد مصير ...

17/05/2020

The coronavirus pandemic could cost the global economy between $5.8tn and $8.8tn (£4.7tn-£7.1tn), according to Asian Development Bank (ADB).

That's more than double last month's prediction and equates to 6.4%-9.7% of the world's economic output.

It comes as measures to slow the spread of Covid-19 continue to paralyse economic activity around the world.

Globally authorities have taken aggressive action to cushion their economies from the outbreak's impact.

16/05/2020

A sharp fall of 11 percent in Lebanon’s GDP is expected in 2020 by the European Bank for Reconstruction and Development (EBRD). It comes on the heels of a recession in 2018 and 2019.

The EBRD said: “The situation has been exacerbated by a default on debt repayments in March 2020, the ongoing economic crisis and, most recently, the coronavirus pandemic and the associated containment measures.”

While the economic outlook remains uncertain, the recovery will depend on the speed of the implementation of key reforms, including debt restructuring in collaboration with the International Monetary Fund. If these reforms are implemented swiftly, the EBRD report expects to see a return to growth of six percent in 2021.

15/05/2020

Uber has launched the ‘UberMedics’ initiative in the UAE, which will provide healthcare workers with discounted trips to and from their workplaces in both Dubai and Abu Dhabi.

The initiative forms part of a larger effort from the company to support healthcare workers and communities amid the Covid-19 pandemic.

In the UAE, UberMedics has partnered with a number of entities, including Amana Healthcare, part of Mubadala’s healthcare network.

The company will use UberMedics through an Uber for Business solution to transport caregivers to and from patient’s homes.

Other UberMedics partners include Saudi German Hospital and Zulekha Hospital.

14/05/2020

The dynamic between Beijing and Washington has become so contentious in the coronavirus era that China experts now say the two major powers have stumbled into the early days of a new Cold War that could prolong the pandemic, exacerbate the economic devastation linked to the virus, and weaken the world's ability to thwart common threats.

"The consequences of the breakdown in US-China relations is going to be very grave for the world and for the global economy, because the ability of the US and China to work together was the keystone of the whole arch of globalization and global trade," Schell added. "With that pulled out, there's going to be a tremendous amount of disturbance."

13/05/2020

TOKYO: Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production.

Tokyo-based Honda reported Tuesday a January-March loss of 29.5 billion yen ($276 million).
The maker of the Odyssey minivan and Asimo robot had reported a 13 billion yen loss for the same period in 2019, when it was hurt by various expenses and an unfavorable exchange rate.

Quarterly sales declined almost 15% to nearly 3.5 trillion yen ($32 billion).

12/05/2020

Banks are racing to invent tools and products aimed at attracting cash dollars, even at the expense of recording large losses in their budgets, in order to avoid defaulting on the correspondence of foreign correspondent banks, and writing them off the list of banks dealing with them internationally.

Although the Bank of Lebanon recommended to the banks, during its last monthly meeting with the Association of Banks, “stop marketing to the public the financial product that requires obtaining new money in dollars in exchange for a greater rate than the local American dollar, as these practices increase the pressure in the exchange market”, However, the central bank left an open window in this framework, as it said, "These operations can be understood only if they are for specific exceptional cases.

The open window maintained by the Bank of Lebanon allowed banks to devise other solutions that meet their urgent needs for foreign currency in cash, as some banks began communicating with their customers, owners of large loans, offering to repay their entire bank loan at a value less than half the size of the loan, provided that it Pay it in new dollars. That is, if the loan size is 100 thousand dollars, the bank offers the customer only 45,000 dollars in cash, so that his entire debts can be written off.

More than that, some banks also accept a lower amount of new cash dollars in addition to another part of the money in Lebanese pounds on the exchange rate of 1515 pounds, in order to repay the loans of its customers. That is, if the loan amount is 100 thousand dollars, the customer must secure 25 thousand dollars in cash, and the equivalent of 20 thousand dollars in Lebanese pounds on the official exchange rate, which is equivalent to about 30 million pounds, against the payment of a loan of 100 thousand dollars.