Finality
The Lebanese political class looks vulgarly conniving when it collectively promotes an International Monetary Fund (IMF) deal as a finality while their real intentions lay against it. What is even...
View ArticleThe vanishing space of political economy…
All individual and group-based economic activity – simply, all human economic activity – inextricably relates to the community or society that the individual or economic group is embedded in. This is...
View ArticleBig Tobacco takes responsibility
As the global spotlight turns to expose the social and ethical behavior of business in an increasingly challenging market, the pressure is on for companies to revise models and check social...
View ArticleDrifting into a smoke-free future
Decades of selling cigarettes has led Philip Morris International (PMI) to become one of the world’s largest corporations. Today, the company’s “smoke-free” alternatives, such as IQOS, have...
View ArticleHow to create sustainable marketing: from strategy to marketing mix
Over the past years, sustainability has become increasingly central to all stages of marketing, from strategy, designing to implementing. But how can we ensure that marketing further evolves to...
View ArticleThe ambiguity of being wanted
Journalists can tell you a thing or three about what it can mean to be wanted – most of them either unpleasant or seriously dangerous. The first common experience of being a wanted, or in-demand...
View ArticleBanks are in the firing line
One banker, interviewed for this issue, said it: “Bankers feel threatened, bullied, and feel that they are [made to bear] responsibility for something that they did not do.” The stewards of the former...
View ArticleBanking for the common person
“You can take it to the bank,” is an idiomatic expression commonly uttered by someone – usually a politician or manly man with business power – to express a very high degree of confidence that their...
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NFTs in Lebanon: Just a craze or a promising opportunity?
In periods of economic uncertainties, people look for safe havens to preserve the value of their money and assets, and the choices of investors during the current global and local economic crisis has...
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The Local Bitcoin Market and the Crisis
Lebanon’s banking crisis is yet to offer depositors any cushion to soften the blow of capital control restrictions, a crumbling currency, and an uncertain future. As depositors become well versed at...
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One path to survival with no forks in the road
Lebanon’s socio-political-economic cancer has metastasized through critical levels of political corruption and nepotism, with flagrant economic and social exploitations, from politicians, their...
View ArticleThinking financial inclusion
Financial inclusion is a cornerstone of sustainable development. The basic premise being that zero or poor access to financial services makes life a lot more complicated for people trying to grow a...
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The legality and the perceptions of banking based in Lebanon
To the interest of anyone who is not a part of the political and banking power ensemble, an absurd theater of dance and song is being played out on the nation’s institutional public stages. But this...
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An infamous debt build up
Lebanon’s fiscal policy over the past decades has been in most years very expansionary. Fiscal deficits at the end of the civil war relied heavily on domestic currency financing. Foreign exchange had...
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No Legal Legs to Stand On: Mikati’s Plan for the Financial Crisis
Since the start of Lebanon’s financial woes at the end of 2019, the government has proposed several measures to address the liquidity crisis in banks. Yet all the suggested measures signify blatant...
View ArticleA weak position in the undeclared cyber war
We live in a time when hardly a day goes by without hearing about a cybersecurity incident. The need for a safe and secure digital world significantly grew after the COVID-19 pandemic, as human...
View ArticleBanking & Finance
Unrest among depositors and citizens has taken new shapes in recent weeks. Tempers are out of control in the face of inactive decision makers and silent banks. The current time is pivotal not only for...
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Exclusive Interview with Ali N. Karaman
He has been with PMI for 23 years, and now, Ali N. Karaman is Philip Morris’s newly appointed Managing Director for Egypt & Levant. In an exclusive interview with Executive, Karaman takes us...
View ArticleFood security & food safety
In Lebanon, 46 percent of households are food insecure – a figure likely to rise in the coming months as state subsidies on essential imports like cooking oil, bread and rice, come under strain as the...
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Food made in Lebanon: Buzzing with diversity and contradictions
The village of Kfarmishki in the western Bekaa hugs a hillside. Its apparent central intersection, whose main features include a roadside bench and a resilient donkey, takes three seconds to traverse...
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