The focus of Israel’s Defense Forces has shifted from the confrontation with Hamas in Gaza to Israel’s northern border with Lebanon where Hezbollah has attacked Israel with missiles for months and displaced thousands of Israelis from their homes.
Reuters BEIRUT – Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said on Thursday. Lebanon plunged into a $31 billion sovereign default in March, saying it needed to preserve dwindling dollars for vital imports, and
Houston Chronicle If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in. The year opened with five Gulf Arab economies joining JPMorgan Chase & Co.’s emerging-market bond indexes. The spotlight stayed firmly on the region as Saudi Aramco’s $12 billion international bond debut
From Reuters Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal. Brent crude lost 64 cents, or 1.1%, to settle at $58.70 a barrel, after hitting a session high of $60.17.
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