2015 Report

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The Institute of International Finance has revised Lebanon’s real GDP growth to 1.2% in 2015 from a previous forecast of 1.1%. The IMF attributed the weak economic activity to the prolonged domestic political crisis and rising regional insecurity. Because of sluggish growth, the IIF projects the primary budget surplus to decline from 2.7% of GDP… Continue reading

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Five secrets to success

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Kicking off the new year with the top five secrets to success: Decide on exactly what you want “Life is inherently risky. There is only one big risk you should avoid at all costs, and that is the risk of doing nothing.” — Denis Waitley You need to be specific, when you get in your car, you… Continue reading

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737 Corporations control the world

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Three systems theorists at the Swiss Federal Institute of Technology in Zurich have taken a database listing 37 million companies and investors worldwide and analyzed all 43,060 transnational corporations and share ownerships linking them. They built a model of who owns what and what their revenues are and mapped the whole edifice of economic power.… Continue reading

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Surviving Our Economic Crisis

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For the past few years, Lebanon has been going through a rough economic terrain, our GDP is going down, so many companies going bust or moving out, unemployment skyrocketing and things are stabilizing at the bottom, but there’s hope for us, “in us”… Allow us to elaborate, in the past, when our existence in this country… Continue reading

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World’s Richest People 2015

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Another year, another set of records broken by the planet’s wealthiest. Despite some global economic turmoil, it was still a pretty good year for billionaires overall. 1. Bill Gates Net Worth: $79.2 B Source of wealth: Microsoft Nationality: American Age: 60                 2. Carlos Slim Helu & family… Continue reading

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