Lebanon Real Estate Newsletter

Vol. 3, Issue 11 - November, 2007

Editorial

Lebanon- the Republic of the world... By Eng. Abdallah Hayek

"Major news agencies and world media giants were too busy in November to cover the current Lebanese presidential debate; Lebanese living abroad were so worried about their republic and the future of their homeland...." >>Read more

Lebanon: Cautious Improvement

The Lebanese economy is showing distinct signs of improvement and resilience, though still under pressure from long-running political instability, according to a report by the International Monetary Fund (IMF). >>Read more

IMF gives Beirut good marks but stresses need to implement reforms
'Donor support is an important pillar'

BEIRUT: The International Monetary Fund (IMF) said on Monday that the Lebanese economy is recovering despite persistently high oil prices and political uncertainty, inflationary pressures have eased, and gross international reserves have continued to increase... >>Read more

S&P places Lebanon on 'Credit Watch'

BEIRUT: The international rating agency Standard & Poor's (S&P) placed Lebanon's "B-" long-term sovereign foreign and local currency ratings on "Credit Watch" with negative implications on Monday, in response to the Lebanese Parliament's failure to elect a new president by the constitutional deadline. >>Read more

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