Economy – Page 4 – odiaspora.org

Germany says NATO concerned about Trump ‘obsolete’ remark

17 January 2017

Germany’s Foreign Minister said on Monday that U.S. President-elect Donald Trump’s comments that NATO was obsolete had aroused concern across the 28-member alliance. Frank-Walter Steinmeier, speaking after a meeting with alliance Secretary-General Jens Stoltenberg in Brussels, said Trump’s remarks contradicted views expressed by designated Defense […]

Trump threatens German carmakers with 35 percent U.S. import tariff

17 January 2017

U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. market, a plan that drew sharp rebukes from Berlin and hit the automakers’ shares. In an interview with German newspaper Bild, published […]

Zoayter visits Egypt for talks over agricultural cooperation prospects

12 January 2017

Agriculture Minister, Ghazi Zoayter, visited Egypt on top of a delegation of representatives of the agricultural sector and specialists from the ministry for talks over Lebanese agriculture affairs and agricultural cooperation prospects between Lebanon and Egypt. In this framework, Minister Zoayter met with his Egyptian […]

Auto executives, with eye on Trump, highlight U.S. investments

10 January 2017

Global auto executives at the Detroit auto show are highlighting their investments in the United States, mindful of President-elect Donald Trump’s attacks on automakers for building vehicles in Mexico. Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N) Chief Executive Sergio Marchionne said on Monday that uncertainty over Trump’s trade […]

Trump Attacks Toyota Plan to Sell Mexican-made Cars in US

6 January 2017

U.S. President-elect Donald Trump is attacking Japan’s Toyota company, the world’s biggest automaker, for its plan to build its Corolla model in Mexico and then sell the compact car in the United States. “NO WAY!” Trump said in a Twitter message Thursday. “Build plant in […]

Cabinet Passes Oil and Gas Decrees, Replaces Abdul Menhem Youssef

5 January 2017

The Cabinet approved Wednesday the long-awaited oil and gas decrees and appointed two successors to Abdul Menhem Youssef — the controversial director general of the OGERO telecom authority who was also serving as director general of investment and maintenance at the telecom ministry. Foreign Minister […]

Hariri, Lebanese businessmen in Saudi Arabia tackle relevant affairs

17 December 2016

Prime Minister-designate Saad Hariri received this afternoon at the Central House a delegation of Lebanese businessmen in Saudi Arabia, in the presence of Lebanese Ambassador to Saudi Arabia, Abdul Sattar Issa. The delegation congratulated the Prime Minister on his assumption of premiership. Talks reportedly dwelt […]

Foreign investors scout for Lebanon investment opportunities

12 December 2016

BEIRUT: Several Arab and Western companies sent representatives to Lebanon to scout for investment opportunities, local media reported Sunday. Al Mustaqbal newspaper said that unidentified companies had drawn up plans to invest in Lebanese businesses following the political breakthrough after President Michel Aoun’s election. Arab […]

Hariri meets delegation of Lebanese businessmen

4 December 2016

Prime Minister-designate, Saad Hariri, met Friday evening at the “Center House” a delegation of Lebanese businessmen from the United Arab Emirates, in the presence of Lebanon’s Ambassador to Abu Dhabi, Hassan Saad.

Salameh: Aoun’s Election, Hariri’s Designation Boost Confidence in Lebanon

25 November 2016

Central Bank Governor Riad Salameh emphasized on Thursday that the latest political developments in Lebanon after the election of President Michel Aoun have improved the overall confidence in Lebanon. Speaking at the opening of the annual Union of Arab Banks conference in Beirut, Salameh said: […]

Will Lebanon follow Morocco’s renewable energy footsteps in light of new political momentum? EIB Vice President: A positive political environment is always good for EIB green investments in Lebanon

13 November 2016

Will Lebanon follow Morocco’s renewable energy footsteps in light of new political momentum? EIB Vice President: A positive political environment is always good for EIB green investments in Lebanon Written by Rana Al-Hajj As Lebanon groans under the heavy weight of power outages and their […]

Kejian on Lebanese Chinese diplomatic relations’ 45th anniversary: China is Lebanon’s main trading partner

13 November 2016

NNA – Chinese Ambassador to Lebanon, Wang Kejian, said on Friday that China was one of the most important trade partners for Lebanon during three consecutive years, adding that trade between the two countries reached 2 billion and 80 million dollars by 2015. The Ambassador’s […]