The Q3 Real Estate Report: Market Rebounds 40%, Annual Sales Remain Down
Lebanon’s property market rebounded sharply in the third quarter, with registered sales rising roughly 40% compared with Q2 and September recording the strongest month of 2026.
Economy
IMF Says AI Is Keeping the Global Economy Afloat Despite the Middle East War
The IMF has raised its 2026 global growth forecast to 3.1%, saying massive investment in AI infrastructure is helping offset the economic damage from the Middle East war, high oil prices and disrupted trade.
IMF and World Bank Meet as Global Debt Heads Toward Historic Levels
The IMF and World Bank are meeting in Bangkok as global public debt approaches historic levels and is projected to exceed 100% of world GDP by 2030.
Lebanon’s Private Sector Sounds the Alarm: “Final Warning” Before a Major Economic Collapse
Mohamed Choucair, head of Lebanon’s Economic Organizations, has issued what he called a “final warning” before a major economic collapse, saying the diesel bill has risen by 100% while the economy continues to contract.
The World’s Oil Cushion Is Becoming “Scarily Thin”
Saudi Aramco has warned that the world’s oil inventories are becoming “scarily thin” after the Iran war removed billions of barrels of expected supply and forced governments and companies to draw heavily from emergency stocks.
Lebanon’s 2027 Budget Wants to More Than Double Tax Revenues
Lebanon’s 2027 budget expects tax revenues to more than double from what the state actually collected in 2024, with taxes providing nearly 86% of government revenue even as the economy struggles.
The World Is Releasing 100 Million Barrels From Emergency Reserves to Bring Oil Prices Down
G7 countries have agreed to release 100 million barrels of crude oil, diesel and other petroleum products from emergency reserves over the next four months, with a large diesel release expected immediately.