Leonard Hong: Housing crisis? You ain’t seen anything yet

OPINION: Against the predictions of most economists early last year, the housing market has boomed through Covid-19. Since March last year, house prices have risen by 20 per cent, rents by 12 per cent. During the period, the economy suffered

Who took centre stage on Lebanon's centenary? A French man

BEIRUT (Reuters) – Lebanon marked its centenary this week and one man dominated broadcasts from planting a cedar tree, the Middle East state’s national emblem, to visiting Beirut’s devastated port. But it wasn’t a powerful Lebanese leader or a local

Macron to Lebanese leaders: reform swiftly or face consequences

BEIRUT/PARIS (Reuters) – French President Emmanuel Macron on Tuesday gave Lebanese politicians until the end of October to start delivering on reforms or else financial aid would be withheld, and sanctions imposed further down the line if there is proven

‘Worst economic crisis since 1930s depression’

The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said the world faced the worst economic crisis since the Great Depression of the 1930s. She