Solidere In the last week of March, peace prospects werepushed forward after the announcement of anAmerican-Syrian summit in Geneva on the26th. Investors hoped that the advancement ofthe peace talks would …
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How likely is Lebanon to default on itsloans? More than you might think,says US magazine Institutional Investor. Inits semi-annual survey of the creditworthinessof 145 countries, it ranked Lebanon 73rdworldwide and …
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There will be a new trading system soon. Please describe what it will be and when it will be implemented. KHALAF: We’re going to start continuous trading as soon aswe …
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A US soft landing US fund managers have raised their expectations for GDPgrowth for 2000 and 2001. While 83% now expect Fed Funds torise over the coming year, they expect …
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Arab countries attracted around $9 billion in private capital flows in 1999, or 6% of total capital flows to the emerging markets that year. Private flows to the Arab region …
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MOROCCO Equities on the Casablanca StockExchange remained under pressure,with most investors opting for thesidelines in anticipation of 1999corporate results. Share prices headedmostly downward in thin liquidity asinstitutional selling outweighed buying.Total …
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The Messiah? Chafic Muharram, former vice governorof the central bank, has been asked totake over the helm of the faltering BanqueLibanaise pour le Commerce (BLC) by thebank’s general assembly. As …
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What steps should Lebanon take to join the Euro-Med Association Agreement? KOURKOULASThe main obstacle is that Lebanon must reduce or abolishcustoms duties. They should replace this method of gaining revenues.The …
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Centuries ago, Phoenicians set sail from these shoresfor destinations as far away as the Atlantic coast ofAfrica or even, some speculate, America. Today,despite formidable obstacles, a small group of Lebanesesailors …