rate differential in benchmark interest rates between the eurozone and united states is expected to drive the single currency lower. indeed, the euro is set for its worst start to the year in five years, down percent so far this month, and trading at its lowest levels since dec. at $ . ... related articles...
much of the southern part of the country. libya has the ninth largest known oil reserves in the world and the biggest oil reserves in africa. the offensive has threatened to plunge libya into chaos rivaling the conflict that ousted and later killed long-time dictator moammar gaddafi. ... related articles...
imf previously advised lebanon to target achieving a primary surplus of around - % of gdp to help cut its debt-to-gdp ratio, currently one of the highest in the world. the government of former prime minister saad al-hariri in july denied the imf had urged lebanon to unpeg the pound. ... related articles...
used as an alternative for transactions. hani bohsali, president of the syndicate of importers of foodstuffs, consumer products and drinks, estimates the costs its members pay overseas suppliers have risen around percent since october mainly because of the exchange rate depreciation. ... related articles...
ahmad al-habtoor, founder of the al habtoor group that has two hotels in beirut, posted a video of himself on his official twitter account asking lebanon's central bank governor if there was any risk to dollar deposits of foreign investors and whether there could be any such haircut. ... related articles...
confirmed bp's withdrawal. iraq was hoping bp would help it triple output from the field to one million barrels per day -- more than a fifth of iraq's current production and percent of global output. kirkuk is estimated to contain about billion barrels of recoverable oil, according to bp. ... related articles...
three part bond, split between a $ billion seven-year tranche at basis points over u.s. treasuries and a yield of percent; a -year offering of $ billion priced at a spread of basis points and yield of percent, and a $ billion -year tranche, the kingdom's longest yet, yielding percent. ... related articles...
give back not percent, not percent, but percent make lebanon indispensable in our large mediterranean region. in lebanon, the people, especially young people, made their voices heard in their unique way that command respect. massimo marotti is the outgoing italian ambassador to lebanon. ... related articles...
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