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Posted on February 11, 2021

Fitch lowers outlook on 11 Kuwaiti banks to negative from stable

Ratings agency Fitch on Thursday revised its outlook on 11 Kuwaiti banks to negative from stable, after downgrading the outlook on the sovereign itself ... ( read original story ...)

Posted on February 11, 2021

Kuwait is in deficit spending again and breakeven oil prices are not attainable

The situation has complicated efforts to tackle a severe liquidity crunch in the wealthy OPEC member state caused by low oil prices and the coronavirus pandemic. Frequent rows and deadlocks between ... ( read original story ...)

Posted on February 11, 2021

Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates | Video

Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have contracted by twice as much last year, according to a paper ... ( read original story ...)

Posted on February 11, 2021

Singapore economy expected to recover: JLL

Direct real estate transactions on the rise despite low volume in 2020. Singapore's economy is expected to recover as the intra-regional travel and expansion of finance, technology and asset ... ( read original story ...)

Posted on February 11, 2021

Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates | Video

Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have contracted by twice as much last year, according to a paper ... ( read original story ...)

Posted on February 11, 2021

Lebanon finance minister awaiting central bank answers before seeking resumption of audit

Lebanon's finance minister said on Thursday he was awaiting some answers from the central bank ahead of a request to consultants Alvarez & Marsal to resume a forensic audit. ( read original story ...)

Posted on February 11, 2021

Lebanon finance minister awaiting central bank answers before seeking resumption of audit

Lebanon's finance minister said on Thursday he was awaiting some answers from the central bank ahead of a request to consultants Alvarez & Marsal to resume a forensic audit. ( read original story ...)

Posted on February 11, 2021

Israel Elections: Gideon Sa’ar blasts Netanyahu for Ben-Gvir deal

Prime ministerial candidate Gideon Sa'ar criticized Prime Minister Benjamin Netanyahu on Thursday for signing a vote sharing agreement with the Religious Zionist Party of MK Bezalel Smotrich and Otzma ... ( read original story ...)

Posted on February 11, 2021

What Israel’s lockdown easing plan may tell us about Boris Johnson’s roadmap

And with a tentative lifting of Israel’s third lockdown now beginning, the allied nation’s plan may offer an insight into what to expect when Boris Johnson lay out the UK’s roadmap to normality later ... ( read original story ...)

Posted on February 11, 2021

IMF Executive Board Concludes 2020 Article IV Consultation with Iraq

On February 8, 2021 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq. The COVID-19 pandemic and a sharp decline in oil revenues have ... ( read original story ...)

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