Economic Indicators

Lebanon's 'lung' to Gulf markets choked by politics

Lebanese exporters rejoiced last month when the Syrian government opened a key land crossing with Jordan that had been closed by years of war, restoring a much-needed overland trade route to lucrative Persian Gulf markets.

At Southeast Asian summit, pushback against going it alone

The potential damage to the global trade brought on by President Donald Trump's tariffs battle with Beijing is looming as leaders of Southeast Asian nations, China, the U.S. and other regional economies meet in Singapore this week.

IMF: Mideast oil producers buoyed by higher prices, for now

A new report by the International Monetary Fund says higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, helping these countries narrow their budget deficit by $77 billion.