Entries by rahaf

Lebanon Faces a $50 Billion Hole Even Beyond Its Eurobonds

By: Paul Wallace.Bloomberg, Feb. 26, 2020

Lebanon has a lot more than just maturing Eurobonds to worry about.

In addition to $31 billion of those, the Middle Eastern nation’s central bank has $52.5 billion of obligations in the form of foreign-currency deposits and certificates of deposit, …

Why China Couldn’t Stop Coronavirus

The country’s totalitarian state went into overdrive to fight the outbreak. Why didn’t it work?

By: Chris YorkHuffington post, Feb. 17, 2020

Entire cities on lockdown. Armies of engineers mobilised to build entire hospitals in just days. The Kafkaesque tracking and surveillance …

Central banks may mount a coronavirus rescue. It may not be enough

By: Howard Schneider, Leika Kihara, Francesco Canepa.Reuters, Feb. 29, 2020

Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at a time when their capacity to respond …

Gantz Predicts 40 Seats, Poll Gives Him 36

By: Yisrael PriceHamodia, Feb. 18, 2020

Blue and White leader Benny Gantz has predicted that his party will trounce Prime Minister Binyamin Netanyahu‏‏’s Likud with 40 Knesset seats in the March 2 voting, though the latest polls did not bear …

Lebanon Enlists IMF With Debt, Capital Controls on Top of Agenda

By: Dana Khraiche and Lin Noueihed. With assistance by Abeer Abu Omar Bloomberg, Feb. 13, 2020

Lebanon’s top officials are still discussing their options for how to cope with a raging financial crisis after making a request for technical assistance to the …