W orld commodity prices have strengthened signifi- – candy since mid-1999, as evidenced by the 25% rise in the IMF index of primary commodity prices in the past 12 months. …
Category:
Money Matters
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SOLIDERE The general investor sentiment toward the Lebanese GDRs remains unchanged with local and foreign investors waiting for the upcoming elections for an efficient macroeconomic policy. Solidere’s GDR rose 15.28% …
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S ociete Generate Libano-Europeenne de Banque (SGLEB) has reportedly acquired the financially troubled lnaash Bank in a deal worth $50 million. The Central Bank had recently taken control of lnaash …
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Y ou don’t have to pick up a copy of the National Enquirer to know that insurance firms are going to bed with banks these days. The megamerger of Citicorp …
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T he rating agency just won’t quit. Two months ago Standard & Poor’s (S&P) threatened that if the government didn’t do something about fiscal problems running wild, Lebanon would be …