Lebanon

August 27, 2000

03:00 GMT

Lebanese voters living in the north of the country and the central area of Mount Lebanon overlooking the capital Beirut began voting Sunday in the gen

03:00 GMT

The Lebanese pound remained stable at the end of the week of August 21-25, as investors await parliamentary elections to take place on August 27 and September 3.

03:00 GMT

The Lebanese Ministry of Finance is working on the third draft of the 2001 budget to be presented soon to the cabinet. Debt servicing was estimated in the second draft of the 2001 budget at LP3,900 bi

03:00 GMT

The BLOM Stock Index recovered its foothold above the 600 mark for the first time since the start of July, as Solidere shares came back into favor amid renewed hope among some opportunistic investors

03:00 GMT

Last week’s reports of the government intending to issue a 20-year eurobond gained more substance with news that Morgan Stanley Dean Witter and Credit Suisse First Boston have been appointed as lead m

03:00 GMT

The Lebanese pound remained unchanged from last week's interbank trading, which stood at LP1,513.75-14.25. Activity was lackluster, with volume of $30-$40 million.

03:00 GMT

Lebanese farmers will benefit from a $15m loan provided by American banks and guaranteed by the US government. Cattle farmers will be able to purchase 800 cows imported from the US.

August 24, 2000

03:00 GMT

Hizbollah Secretary General Hassan Nasrallah warns that Lebanon is doomed if campaigns continue to be based on money and sectarian incitement.

03:00 GMT

A high-ranking Israeli military official threatens that Israel would reoccupy Lebanon if hostilities erupt on the two countries' border.

August 23, 2000

03:00 GMT

The security chief of the American University of Beirut (AUB) has been detained after he was accused of beating up a television cameraman on campus.

03:00 GMT

Lebanese farmers will soon benefit from a $15 million loan provided by American banks and guaranteed by the US government, an official at the US Agenc

03:00 GMT

Delays and costs at Lebanese ports are two problems that the country's shipping community and its importers and exporters hope will improve with a new

August 22, 2000

03:00 GMT

A grenade hurled at a furniture shop owned by a supporter of Sidon MP Mustafa Saad in the coastal city early on Monday caused extensive damage to near

03:00 GMT

According to the latest BDL statistics, Lebanon registered a balance of payments deficit of $114.4 million in June 2000, compared with the May surplus figure of $80.2 million.

August 21, 2000

03:00 GMT

Farmers in the Bekaa town of Ferzol threw their crops on the streets on Sunday to protest the lack of government subsidies, which is forcing their pro