Home The BuzzMorning briefing: 20 May 2013

Morning briefing: 20 May 2013

by Executive Staff

Economics and Policy Power cuts in Lebanon's capital Beirut have risen to nine hours a day due to a crisis at the country's new energy barge. More from The Daily Star   Elsewhere in Lebanon, the World Bank has approved a $30 million soft loan aimed at supporting a government initiative to improve access to basic services in impoverished parts of the country. More from The Daily Star   Economic growth in the United Arab Emirates accelerated to 4.4 percent in inflation-adjusted terms in 2012 from a downwardly revised 3.9 percent the previous year as activity picked up across all sectors, its statistics office said. More from Reuters   Saudi crude exports fell to 7.42 million barrels per day (bpd) in March, 34,000 bpd less than in February, as Saudi power sector oil use rose and output edged lower, official figures released via the Joint Oil Data Initiative (JODI) show.

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