Middle-east Arab News Opinion | Asharq Al-awsat

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EGG HARBOR, NJ – AUGUST 28: Low-income residents select free bread and produce at the Community Food Bank of New Jersey on August 28, 2015 in Egg Harbor, New Jersey. The food bank has seen an 11 percent increase in food distribution in Atlantic County since four of Atlantic City’s major casinos closed in 2014, laying of 8,000 people. The closures brought Atlantic City’s unemployment rate to more than 11 percent, double the national average. The mass unemployment has produced the highest foreclosure rate of any metropolitan U.S. area, with 1 out of 113 homes now in foreclosure in Atlantic County. (Photo by John Moore/Getty Images)

The US Is the Sick Man of the Developed World

by Justin Fox | Aug 12, 2017 | Opinion

What do the economists at the International Monetary Fund see when they look at the US? An economy in the midst of a long expansion (“its third longest expansion since 1850”), with “persistently strong” job growth, “subdued”...

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Cherry blossoms are in full bloom in front of the Bank of Japan headquarters in Tokyo April 10, 2012. REUTERS/Yuriko Nakao

IMF Says Japan Needs to Step Up Economic Reforms

by Asharq Al-Awsat | Aug 2, 2017 | Business

The International Monetary Fund said on Tuesday that despite Japan’s accelerating economy, further structural reform is needed to finally leave behind years of on-off deflation The IMF highlighted concerns over price movements and public debt as it noted the...

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Prime Minister Saad al-Hariri meets with a delegation from the US Senate in Washington (Dalati & Nohra)

Trump, Hariri Tackle Lebanese, Regional Affairs

by Asharq Al-Awsat | Jul 25, 2017 | Middle East

Beirut – Lebanese Prime Minister Saad al-Hariri is scheduled to meet on Tuesday in Washington with US President Donald Trump to discuss a number of issues concerning Lebanon, including the fight against terrorism and the support to the Lebanese Army, in addition to...

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The International Monetary Fund logo is seen during the IMF/World

IMF Sees Firmer Global Economic Recovery

by Asharq Al-Awsat English | Jul 24, 2017 | Business

The global economic recovery is steadily moving to the better as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said Sunday. “The recovery in global growth that we...

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A shopkeeper counts money in of his shop at a bazar in Tunis,
Tunisia August 10, 2016. REUTERS/Zoubeir Souissi

Tunisia Mulls to Restructure Banking Sector

by AlMunji alSaidani | Jul 24, 2017 | Business

Tunisia- The Tunisian Central Bank has focused on restructuring the country’s banking sector during a forum organized on reforms for public banks, restructuring them and guaranteeing their financial integrity without losing them to privatization. The forum’s attendees...