News

Lebanon's defaulted government bonds have nearly quadrupled in price over the past year as investors bet on signs of economic ...
US envoy Barrack proposed the zone, but analysts say locals don’t trust Israel or the US’s ability to control it.
S&P raised its long-term local currency sovereign credit rating on Lebanon to 'CCC' from 'CC' and affirmed its short-term ...
BEIRUT (AP) — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement ...
BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea. The ...
ABARTA CEO Charlie Bitzner said the new S. Lebanon Twp. facility will distribute between 11 million and 15 million cases of ...
Arabian Gulf Business Insight on MSN

Lebanon’s distressed debt soars to shaky new heights

Lebanon’s defaulted government bonds have nearly quadrupled in price over the past year as investors bet on signs of economic recovery. However, a wild variance in estimates of their likely worth ...