L'Orient Today: BDL will reclassify $3 billion of banks’ reserves after paying depositors, lowering Lebanon’s required reserve ratio from 11% to 7.2% with no extra…
Attributed source excerpt. English translation is pending.
Ad-Diyar: German public debt reached a new record high, surpassing the 2.819 trillion euro mark, according to data cited by the "Report" website, based on the "Bankruptcy Clock" (Pleite-Uhr), which specializes in tracking macroeconomic indicators and making forecasts about them. Current models indicate…
Ad-Diyar: Alberto Musalem, president of the Federal Reserve Bank of St. Louis, said on Friday that he sees an urgent need to raise interest rates to combat high and persistent levels of inflation, according to Agence France-Presse. Musalem added, in the text of a speech he will deliver at an event…
An-Nahar: Many tankers switched off their tracking signals, making it difficult to determine the actual quantities accurately. Tracking companies’ data do not always match, and they are likely to be revised again as more…
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