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Middle EastOctober 4 2009

Is Lebanon's economy crisis proof?

The Lebanese economy's remarkable ability to withstand both political strife at home and financial crises overseas received universal acclaim. Achieving political consensus and reforming the country's archaic public finances will be the next challenge. Charlie Corbett reports from Beirut.
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Is Lebanon's economy crisis proof?

 

Gauche Caviar is a popular nightspot among Lebanon's wealthy young elite. It is Monday night and the bar is packed. Outside, top-of-the-range Mercedes and Range Rovers disgorge young Lebanese party-goers. The bar is part-owned by Paddy Cochrane, a half-Lebanese businessman who moved to the country from the UK in the early 2000s. Aside from Gauche Caviar, he and his business partner own another nightclub, a tanning salon and they are building a restaurant.

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