Khazen

Iran awaits Lebanese ‘desire’ to accept its military aid: foreign minister

By Reuters BEIRUT (Reuters) – Iran is waiting for Lebanon to show a desire to accept its military assistance, Iran’s foreign minister said on Sunday, reiterating an offer of support to the U.S.-backed Lebanese military. Mohammad Javad Zarif, whose government backs the powerful Lebanese Shi’ite group Hezbollah, was speaking at Beirut airport at the start […]

Read more
Lebanese man dies after setting himself ablaze at school

Agence France-Presse —  A Lebanese man died from severe burns Friday after setting himself on fire at his daughter’s school over a fee dispute with the management, state media said. George Zreik doused himself with petrol and set it ablaze Thursday at Our Lady of Kaftoun secondary school in the Koura district of north Lebanon, […]

Read more
Lebanon gets a ‘stay of execution’ from investors, but now the real work begins

Beirut, Lebanon

by Natasha Turak | @NatashaTurak cnbc.com —— The cost of insuring Lebanese debt has hit its lowest level this year on the back of some reassuring news for investors: The country has finally formed its government after nine months of gridlock, and state officials revealed they are in talks over financial support for a floundering economy. Lebanon’s five-year credit default swaps, or the price of insuring the country’s debt against a default, fell to $694 this week from a high of $900 in January, levels not seen since November last year. But markets have yet to see the change that will unlock $11 billion in funds pledged by international donors to the small Levantine country at the Paris Cedre conference last April. The financial support rests on the condition of direly needed reform in the areas of corruption, subsidies and public-sector spending. The new government will “most certainly” introduce austerity measures to shore up international and bond market confidence, according to political risk consultancy Eurasia Group — and that will not be easy.

Unpopular, yet urgent, reforms “The issue of cost cutting will prove challenging, though some cuts are also likely,” said Ayham Kamel, Eurasia’s practice head for the Middle East and North Africa (MENA). “On balance, these positive reforms will not be overly ambitious and could slow over the long term.” Many of the reforms are also unlikely to sit well with the Lebanese population. “If it’s taken nine months to form a government, it will be extremely difficult to agree on the details of an aggressive (and unpopular) fiscal tightening. The only other plausible option to deal with the public finances would be debt restructuring,” research consultancy Capital Economics said in a weekly report Thursday. One key area of reform is the electricity sector — Lebanon suffers daily power outages while the state power company, Electricite Du Liban, is awash in subsidies. Reforming this sector would cover a huge part of the fiscal consolidation promised to donors in April, but Kamel notes that this has thus far been prevented due to “vested interests.” Overhauling the electricity sector, and the infrastructure upgrades that would come with that, is one of the new government’s first priorities, a top advisor to the Lebanese prime minister told media in an interview earlier this week.

Read more
Lebanese PM calls on Italy to increase investment in Lebanon

By Associated Press– BEIRUT — Lebanon’s Prime Minister has called on Italian companies to invest in his country as it seeks to address deepening economic challenges. Saad Hariri met with his Italian counterpart, Giuseppe Conte, in Beirut on Thursday and said that “the coming period in Lebanon is a period of work … with many […]

Read more
Israel Exploits Lebanese ‘Oil Wealth’, Infringes Its Sovereignty – Top Lawmaker

sputniknews.com — A particular part of a nearby sea shelf, called Block 9, has been a source of tension between Israel and Lebanon since the 2000s, as both states claim that the area falls within their Exclusive Economic Zone (EEZ). Speaker of the Lebanese Parliament Nabih Berri has accused Israel of violating Lebanon’s sovereignty by licencing […]

Read more
Lebanese army closes numerous illegal crossings with Syria to stop smuggling

BEIRUT, (Xinhua) — The Lebanese army on Wednesday closed numerous illegal crossings along with border with Syria in North Bekaa in a bid to stop smuggling between the two countries, TV Channel LBCI reported. According to LBCI, smuggling between the two countries costs Lebanon about 600 million U.S. dollars every year. This is not the […]

Read more
15 years ago, Google’s CEO had a brilliant response to a tricky interview question – and it helped him get hired

Google CEO Sundar Pichai

by cnbc.com — — When it comes to job interviews, we all want to give answers that make us stand out from the rest of the candidates. That means knowing how to answer each question, including the tricky ones designed to stump you. But what if you don’t know the answer to a question? That’s a problem Google CEO Sundar Pichai faced in 2004, when he first interviewed at the company for the VP of product management position. In a 2017 chat with students at his alma mater, Indian Institute of technology, Pichai shared details about his interview experience at one of the world’s largest tech companies. In the first few rounds, Pichai said the interviewers asked him what he thought of Gmail.

There was just one problem: Google had just announced the email service that very same day, on April 1st. “I thought it was an April Fool’s Day joke,” Pichai said. He responded by saying he couldn’t answer the question because he hadn’t been able to use the product. “It was only in the fourth interview when someone asked, ‘Have you seen Gmail?’ I said no. So he actually showed it to me. And then the fifth interviewer asked, ‘What do you think of Gmail?’ And I was able to start answering it then,” Pichai said at the talk. Most candidates would have attempted to make something up before trying to move on to the next question. Pichai did the exact opposite and ended up impressing his interviewers (after all, he got the job).

Here’s why his response was so brilliant:

1. He displayed “intellectual humility” More often than not, telling an interviewer you don’t know the answer to something will dock off a few points, but it’s better than coming up with something that may be completely false. “Successful, bright people rarely experience failure, and so they don’t learn how to learn from that failure.” -Laszlo Bock, Former senior VP of people operations at Google Science agrees, too. Research has shown that people with “intellectual humility” – or, as they say, the willingness to admit what you don’t know – are better learners. Laszlo Bock, Google’s former senior VP of people operations, calls it one of the top qualities he looks for in a candidate.

Read more
Pope arrives in Abu Dhabi

by catholicherald.co.uk –The Pope was welcomed by Emirati Prime Minister Sheik Mohammed bin Rashid Al Maktoum — The sun had set long before Pope Francis arrived in Abu Dhabi on February 3, but Sheik Mohammed bin Zayed Al Nahyan, the crown prince, and Egyptian Sheik Ahmad el-Tayeb, grand imam of al-Azhar, still went to the […]

Read more
When a job interview goes very wrong

Image result for job interview

By Peter Rubinstein –bbc.com – Olivia Bland, a 22-year-old from Manchester looking for a job in communications, knows how a job interview is supposed to go. A handshake, a few questions about strengths and weaknesses, some CV inspecting and a pleasant send-off. “They’re usually casual,” Bland says, “and definitely not two hours long.” But earlier this week, an interview she had with tech firm Web Applications UK left her in tears. In a viral tweet, she alleged that chief executive Craig Dean degraded and humiliated her about everything from her music taste to her parents’ marriage. Bland was offered the job but declined, likening Dean’s behaviour to that of an abusive ex. “He went on from attacking my writing to attacking me, including the way I sat and how I held my arms,” she says. Her tweet was shared tens of thousands of times, and prompted Dean to post an apology saying it had not been his intent to see anyone hurt. Web Applications UK has publicly denied Bland’s claims, but did not respond to BBC Capital for comment.

Stress test

The type of experience described by Bland is known as a ‘stress interview’ – a technique to test how applicants deal with pressure by taking them out of the comfort zone of expected questions and answers. One example is a trend that was prevalent in the tech industry earlier this decade – where an interviewer would ask a candidate bizarre questions such as “why are manhole covers round?” or instruct them to design something on the spot. The goal isn’t to get an exact answer – instead it’s to see how a candidate reacts and to test their thought process. “There are certainly different kinds of stress associated with many positions – achieving results, meeting deadlines, dealing with difficult clients, for example,” says Neal Hartman, senior lecturer in managerial communication at MIT. “The stress interview can create conditions to see how an applicant would handle those challenges.” Stress interviews can also be used to simulate certain situations, such as testing customer service agents who need to be prepared to deal with abusive phone calls, says Kim Ruyle, president of Inventive Talent Consulting. In such situations, the candidate would need to be told in advance. In any case, there’s a stark difference between asking a tough question and belittling a candidate, Ruyle says, adding that verbal abuse in any workplace setting is inappropriate and should never be part of the interview.

Read more
Why Microsoft is ‘sending shivers down Amazon’s spine’

By Alyssa Newcomb — nbcnews.com — Amazon has a history of dropping cash on companies, like its $13.7 billion cash acquisition of Whole Foods in 2017. But when it announced in its latest earnings report that it planned to increase investments in 2019, the company’s shares fell 5 percent, even dropping into bear territory on Friday. […]

Read more