Author: Pierre El Sokhn
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Unraveling Australia’s Economic Crisis: Challenges and Potential Solutions
Australia, known for its robust economy and stable financial system, has found itself grappling with an economic crisis in recent years. This article aims to delve into the challenges faced by the country and explore potential solutions to address the crisis. Potential Solutions: a) Fiscal Stimulus Packages: The government can implement comprehensive fiscal stimulus packages…
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Artificial intelligence and its ramifications
Artificial Intelligence and the future of human society Artificial intelligence refers to the development of intelligent machines. It revolves around the idea of machines thinking for themselves. It is a crucial concept in robotics and involves countless complex phenomena such as machine learning and algorithms. More commonly, the term artificial intelligence is being used for…
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Electrical cars and Their Effects on the Fuel Industry
E-cars are the future, and the world is gearing up to become more electric car-friendly. Electrical cars are not conventional; they are unlike the traditional fuel-based cars. The whole idea of e-cars is to cut down on energy consumption and pollution. The new electric car models have been successful in delivering these aspects, thanks to…
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Vechain Cryptocurrency
What is VeChain? VeChain is the software that strives to incentivize a community of computers to run a platform enabling companies to develop and run decentralized applications. In this manner, VeChain’s objective is to enable better electronic consensus involving businesses by providing them new tools for effective transfer of data and supply-chain management. VeChain came…
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Cardano (ADA) Cryptocurrency
What is Cardano & Cryptocurrency? The Cardano is an open-source blockchain for creating and running smart contracts and manydifferent de-centralized protocols. The Cardano project is started in 2015. Input-Output HongKong (IOHK) is a company that is behind the development of Cardano. and It is owned andmanaged by Charles Hoskinson, co-founder of Ethereum.instead of copying other…
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Association of Banks in Lebanon (ABL)’s Response to the Release of the Government’s Financial Recovery Plan
On April 30, 2020, Lebanon’s new Prime Minister Hassan Diab revealed the economic recovery plan, which has been crafted keeping in mind the financial crisis the country is reeling under currently. As a pre-condition for assistance, the IMF (International Monetary Fund) insisted that Lebanon needs to have a recovery plan ready. With the release of…
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Rising Income Inequality in Lebanon
While Lebanon’s civil war came to an end way back in the 1990s, the situation doesn’t seem to have improved – at least on the financial front. Rapidly expanding public debt has led to an ever-increasing socio-economic disparity in the country and this grave issue now threatens the country’s stability. Only when you look at…
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The Covid-19 pandemic has brought major challenges in Lebanon
The challenges The huge economic crisis that hit Lebanon’s hospitals and especially the intensive care units, has created a new problem for the country. Covid-19 patients, who are in need of urgent care and are brought to hospitals, are left in wheelchairs because of the shortage in hospital’s beds. There is not enough space to…
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The Best challenges in the education sector in Lebanon
The Syrian Crisis entered its eleventh year this March. It continues to drive the most significant refugee crisis in the world. Today, more than one and a half million Syrian refugees live within Lebanon’s borders. Almost 65% of them are children in need of affordable quality education opportunities. In addition to that, several thousand Lebanese…
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The situation of human rights in Lebanon
Human rights in Lebanon In response to the nationals protests and strikes that broke out after the government announced the new tax measures, the security forces used excessive force against the protesters. Moreover, it failed to protect people’s right to protest peacefully. Security forces continued to use torture and other ill-treatments, nevertheless the assaults were against the…