A U S T C a m p u s We e k l y N e w s p a p e r
Midweek Issue #27- Wednesday October 15, 2008
AUST Sidon: Always Aiming Higher
If you think that the AUST Sidon campus building looks different, that’s because of students. As its mother campus, it has proved to the Lebanese people and
it is different. The AUST administration decided to add two floors to the original the world at large that its founder’s dream to excellence and American-styled
building in order to accommodate students and make room for new classrooms. education are within reach of all qualified students.
AUST Sidon though it has opened its doors three yeas ago, it has seen an influx
Polimi Design Team visits AUST
Mrs. Haibat Bawab, Mrs. Durriya Haidar, Ms. Luis Collina, Dr. Nabil Haidar, Prof. Paola
Bertola, Prof. Chiara, Ms. Joyce Haddad and Mrs. Hala Habbal.
The Arts and Design Department at AUST played host to a visiting team from discussed the feasibility of establishing a new fashion design program at AUST,
the Design School at Politecnico di Milano for five days: September 17- 21, which would lead to a bachelor’s degree in the said field.
2008. The teams’ main objective was to reach an agreement between the two Mrs. Durriya Haidar, Mrs. Hala Habbal, and Mrs. Haibat Bawab from the Arts
universities. The visiting team, Professors Vice Rector Gianarlo Spenelli; Luis and Design Department presented the team with a Powerpoint® presentation of
Collina, International Relations and Projects; and Prof. Paola Bertola and Prof. the existing Interior Design, Graphic Design and Fine Arts programs.
Chiara, met with President Hiam Sakr and Provost Nabeel Haidar and It was agreed that students can enroll in this new major as of October, 2009.
Midweek page 1
Campus News A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
AUST’s Inventions at the Science Exposition
Under the patronage of the Minister of Culture Tammam Salam, and in
the presence of Minister of Information Tarek Mitria, and Deputy
Ghassan Moukhayber, a 3-day ‘Science Exposition’ was held at the
Race Track in Beirut.
On display, were creations presented by different departments of many
prominent Lebanese universities.
At the AUST’s corner, one could see FREM F1 car, presented by
the Interior Design Department; an Electrical car, Drink Intelligent
Machine, Water Machine and a Dough-Kneader machine presented
by the CCE Department.
President Hiam Sakr, and many of the AUST faculty were there
to applaud the different creations presented by the gifted
AUST Meets with Honored Businessmen
Among the many successful Lebanese businessmen, they were
chosen as the best for the year 2008-2009.
The Arab Woman Association held a dinner banquet in their honor at
the Royal Hotel. They are Engineer Shadi Massaad, Mr. Talal
Makdesse, and Mr. Jihad Ibrahim.
These esteemed businessmen were invited to a luncheon held in their
honor at AUST, and met with VP Riad Sakr.
The invitees were impressed with the university, and expressed their
readiness to extend a helping hand for the sake of the students’
Poet Henri Zoghaib, Mr. Jihad Ibrahim, Mr. Talal Makdesse, Engineer Shadi Massaad, VP Riad Sakr,
Dr. Faisal Nsouli, Dr. Georges Farha and Mr. Elie Nakhle
International Affairs: A new Major
Are you still hesitant and haven’t decided on a major to pursue? Are
you are interested in the world’s news and the different political strife
that are taking place around you? Do you want to have in-depth
information about the world’s political systems? International Affairs
is your major.
What is the International Affairs major?
In short, the international affairs program is
1. to introduce students to the major trends shaping the world around
them and thus affecting their own lives;
2. to train students on how to conceptualize and apply key approaches
to those norms and policies that drive contemporary international
3. to train students for entry into internationally-oriented jobs in
business, government, international public or private agencies.
To graduate with a BA degree in International Affairs, a student must
complete a minimum of 105 credits.
Midweek page 2 For your comments email us at: email@example.com www.aust.edu.lb
Business News A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
European Governments are acting fast in
Financial Crisis Hits Europe
475 points to 4375; Frankfurt’s stock
order to prevent the worst consequences exchange has also opened with a 4.40%
of the global financial crisis hitting their decline; Paris stock market has plunged
economies, among fears of negative news 4.82%; and Milan posted a 3.13% decline
from several banks in Europe. Sstock minutes after the opening.
markets have already been affected by Banks, as expected, have been dragging
gloomy perspectives and the Euro is down the markets, in England HBOS’
dropping to long term lows against the stocks fell 16%, while the Bank of Scotland
Dollar and the Yen. posted a 12% decline, while in Brussels
Asian Markets have been the first ones to and Amsterdam, stocks from the Fortis
feel the impact: the Nikkei 225 index has Bank have been suspended to evaluate
closed the day with a 4.25% fall; Shangai’s the banks acquisition by BNP Paribas.
stock exchange has declined 2.78% in the The Euro has also followed the tide, and
first hour after the opening. In Australia, the has continued running down slope against
Standard & Poor’s/Australian Stock the Dollar, posting the 14-month low
exchange 200 in Sydney has posted a against the Dollar, and a two year low
3.3% decline. against the Yen. The thing that the market
In Europe the session seems to be does not feel at ease with is the lack of a
heading for another “Black Monday”, as common economic plan for the whole
the London FTSE stock market plummeted European Union.
5% in the first minutes of trading, dropping
Supreme Mortgage Crisis The Financial Ethics
Effect of USA Supreme Mortgage Crisis Center on 11th September.
on the Banking Sector.
Effect of US supreme mortgage crisis on • Effect of US supreme mortgage crisis on
the banking sector cannot be ignored. the banking sector did not spare IKB
Many undulations have occurred in the Deutsche Industriebank in Germany Ethics break into every single human worldwide crisis. Industries and Institutes,
money market with subsequent ripples (Europe). The bank had to be bailed out by action. Ethics have a lot to do with finance Schools and Universities, all took
being created in the entire system. The a payment of USD11.1 billion. It has and economy. Financial ethics is the advantage of this situation and changed
aftermath has been revealed in the article investments in the United States mortgage ability of maintaining your prices’ stability their price lists: they increased prices
below. market. when the indecent opportunity allows you knowing that the worldwide increase would
• A bank in France, known by the name to increase your prices. Financial ethics is not affect them. This “group” fell in the trap
Effect of the US supreme mortgage crisis BNP Paribas halted all withdrawals. This essential for any institute or industry to do of lacking financial ethics.
on the banking sector has been immense. step was taken by the bank as the actual what is best for its customers and at the
This is evident from the fact that banks as value of the assets was not being same time the institute’s or industry’s Universities represent a huge part of those
well as stock markets were affected in ascertained. interest as well. Any decent institute needs institutes that lack ethics. These institutes,
every nook and corner of the world. The • Another bank, which was about to funds in order to keep its doors open and which are the main highway for a better
European Central Bank or the ECB came declare bankruptcy was WestLB. maintain the same level of service or/and society and organized community, should
to the rescue of many. The amount • Deutsche Postbank, as a measure to product quality and of course to receive have been affordable and should have
injected by the ECB to rescue the other combat the effects of US supreme revenue in return. But any decent institute maintained or let’s say bared the old prices
banking institutions was €95 billion. The mortgage crisis on the banking sector, must also take into consideration the even though few expenses were added
rate of interest was 4%. This was the first redirected or re routed euros worth community’s financial situation: it is inane upon their backs.
rescue operation, the second and the third hundred million of the bank's funds. to raise the bills where the community
followed with a cash assistance of €61 barely pays the old ones. At the end of the day everyone is exposed,
billion as well as €47.67 billion BaFin, a federal agency in Germany is whether in a direct or indirect manner.
respectively. The approach taken by the responsible for the regulation of the Taking a simple example that will clarify the Ethics, which we lack, are a must when it
authorities of other Central Banks were industry dealing with financial services. introduction; the Lebanese economy has comes to the community’s future and not
also varied. Central Bank of Japan's been deteriorating for the past three years. the future of our pockets and bank
contributions to the financial markets Other effects of the crisis include rise in Politics, economy and society have accounts. All that we are asking for is a
comprised injection of 600 billion yen or rates of interest. As a result of this, lending changed due to an incident that took place decent and affordable education that
€3.6 billion. business got stalled. The signals started three years ago, not to forget the would guarantee us a successful future.
from the money market. In the money accumulated issues that also took part in Not to forget that we must keep calling the
The price of stocks fell in Frankfurt, Tokyo markets there is liquidity, and the banks that change. After three years, we have dead conscience of politicians and
and New York. In fact, the financial carry out several transactions to keep the seen the prices of the essential products corrupted leaders to wake up and have
assistance, which the ECB had shelled system functioning. If the functioning of the boosting higher than they have ever been. mercy on citizens.
out, exceeded the amount it shelled out money markets gets distorted, the whole Every aspect in the Lebanese economical
after terrorist attacks on the World Trade system gets upset. face has changed with the pretense of a Ashraf Monzer
Midweek page 3
Sports News A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
Sports & Activities Office (S.A.O.)
Sports Schedule Fall 2008
Midweek page 4 For your comments email us at: firstname.lastname@example.org www.aust.edu.lb
Sports News A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
Under the supervision of the Lebanese Army Chief General Jean of silence, in respect to all the Lebanese army martyrs.
Kahwaji, the S.A.O Department at AUST, organized the “2nd Annual Olmpic saida won the first place when it won the game played against on
Lebanese Martyrs’ Army Tournament” held in Futsal. the Lebanese army team. USJ held the third place; unfortunately, AUST
Eight clubs participated in the tournament: AUST, USJ, US Embassy lost in the semi final (B) by penalty kicks, after the AUST team drew with
Club, Jamhour, Pro’s Café ,Olympic Saida, Lebanese Canadian Bank & Lebanese Canadian bank team when L.C.B. scored in the dying seconds
the Lebanese Army team. of the game.
A parade was held before each match, which was followed with a minute Ziad Ghosn, AUST student, scored the goal of the tournament.
Midweek page 5
Bits & Pieces A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
The largest fountains in the WORLD!
Emaar Properties declared that it plans to build one of the length of two football fields. The $218 million project will any given moment and feature over 6,600 lights and 50
largest fountains in the world as the center-piece of its be 25% larger than the iconic fountains at the Bellagio color projectors.
Downtown Burj Dubai project that include the Burj Dubai, hotel in Las Vegas.
Burj Dubai Lake, Dubai Mall, 30,000 homes, nine hotels, “The fountain is an engineering marvel and will further However, the tallest water fountain in the world is thought
6.2 acres of parkland and 19 residential towers.. The contribute to Dubai’s rich array of tourist attractions.” to be King Fahd’s Fountain in Jeddah with a height of
developer said the fountains would be capable of Emaar Chairman said. around 312 meters, followed by the Gateway Geyser in
shooting water over 150 meters into the air – the height The fountain would include an integral light and sound Illinois, US, and the Port Fountain in Karachi, Pakistan.
of a 50-story building – and stretch over 275 meters – the show. It would shoot 22,000gallons of water in the air at The structure is scheduled to be operated by 2009.
To sleep better, read this... Mobile Phone Battery
Before reaching for an over-the-counter sleep aid, try these natural tips from the Better
Sleep Council to help you get a good night's sleep.
1. Keep regular hours
Dead? Try Dancing
Try to go to bed at the same time each night and wake up at the same time each
morning, even on weekends.
2. Develop a sleep ritual
Whether it is to take a hot bath, have a cup of herbal tea, or read a book, doing the
same things each night just before bed cues your body to settle down for the night.
3. Exercise regularly
This can help to relieve tension. But be careful not to exercise too close to bedtime or
you may have a hard time falling asleep.
4. Cut down on stimulants
Consuming stimulants, such as caffeine, in the evening interferes with falling asleep
and prevents deep sleep. Instead, have a cup of herbal tea, which is noncaffeinated,
5. Don't smoke
Smokers tend to take longer to fall asleep, awaken more often, and experience
disrupted, fragmented sleep.
6. Drink alcohol in moderation
You may fall asleep faster, but drinking alcohol shortly before bedtime interrupts and
fragments sleep, leading to poor quality sleep.
7. Unwind early in the evening
Deal with worries and distractions several hours before going to bed. Make a list of
things you need to do tomorrow, so you won't think about them all night. Try relaxation
exercises, like slow rhythmic breathing, once in bed.
What do you do if you are stuck in a field the same as a phone and are about the
8. Sleep on a comfortable, supportive mattress and foundation at a pop festival but your mobile phone's size of a pack of cards.
It's difficult to get deep, restful sleep on a bed that's too small, too soft, or too hard. battery is about to run out? Thanks to a
new invention, you now just need to face Attached to the user's arm, they employ a
9. Create a restful sleep environment
the music and dance!!! system of weights and magnets which
A dark, quiet room is more conducive to sleep. Sudden, loud noises or bright lights can
provide an electric current to top up
disrupt sleep. A room that is too hot or too cold can disturb sleep as well. The ideal
Mobile phone operator Orange teamed up charge in a storage battery. This can later
bedroom temperature is between 60 and 65 degrees Fahrenheit.
with GotWind, a firm specializing in be used to recharge the phone.
10. Make sleep a priority renewable energy, to produce a re-charger
Say "yes" to sleep even when you're tempted to stay up late. You'll feel healthier, powered by dance energy alone. The "We wanted to create a fun, engaging and
refreshed, and ready to take on the day. portable kinetic energy chargers were interactive product which would
In addition, restrict the number of activities you do in bed. Your bed should not become given a test run at this year's Glastonbury encourage users to have a laugh while
a place for watching TV, eating food, or doing work. It should be a place to sleep and Festival, the world's biggest Greenfield charging their mobile phone, and at the
perhaps, if you’re not alone, one other activity. music and arts celebration. same time test out a new energy-efficient
Senior student, CLS prototype," said Hattie Magee, Head of
Hiba Khanafer Orange said the prototype chargers weigh Partnerships at Orange UK.
Midweek page 6 www.aust.edu.lb
Bits & Pieces A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
The world's biggest Strange Cakes!
Hotel on Planet earth Everyone knows that there are cakes for every celebration under the sun: birthdays,
graduation, promotion, BUT a DIVORCE Cake????
Look for yourself...
The world's biggest and most Starting date of construction: June
expensive Hotel on Planet earth 2009
10 STARS Premium Estimation time: 3 years
Location: Beirut – Lebanon Cost of project: 3.6 Billion US Dollars
Area: Facing Marina & Saint Georges Official announcement of project August
Beach 'middle of the sea' Beirut 2008 in Beirut.
Knowing Isn't Everything There is much that can’t be known by people who you don't know their life
thinking or reasoning. There are other experiences, and their feelings. When
ways of knowing and there are mysteries some great loss occurs, you don't say, "I
that can’t be grasped intellectually. Healing know how you feel." You don't know. All you
often comes through opening to can say is, "I'm so sorry." In not knowing,
knowledge, to the mystery of life, and to not you honor their unique experience, their
knowing. In opening up to knowledge, you unique expression, and their unique truth.
come face to face with the wonders of life Rather than assuming that you already
and its boundless possibilities. know them, you are more attentive and
When studying difficult subjects like open to learn more about them. It is a vital,
chemistry, physiology, mathematics, or sensitive, dynamic way of relating.
philosophy, and when we finally Even when two persons have been married
comprehend some principles or processes, for a long time, they do know what they like
we say, "Oh, now I get it. Now I grasp the to eat, size and color of clothes they like to
idea." This kind of thinking and knowing is wear, and what music they prefer. But there
very useful, but it is not enough. We must are many things they don’t know about
also be able to release our grip, stop our each other, that’s why we always hear
mental grasping, and open to something “what would you like to do?”, or “what do
larger. you think about [certain subjects]?”…..etc.
Not knowing is important in interpersonal In fact, “Not knowing is more intimate.”
relationships. There is respect and
reverence in communicating to other Hiba Khanafer
CLS, Senior student
Midweek page 7
On The Lighter Side A m e r i c a n U n i v e r s i t y O f S c i e n c e & Te c h n o l o g y
Midweek page 8 www.aust.edu.lb