226 Suspected Money Laundering- Related Cases in Lebanon Over 2008
According to the Lebanese Press, the eighth report published by the Special Investigation Commission (SIC) unveiled that the total number of suspected money launderingrelated cases attained 226 in 2008.
Lower Mobile Rates as of April
According to the Lebanese press, the Lebanese Telecommunications Minister announced that new and cheaper pricing schemes will be introduced during the month of April on prepaid cards.
Moody’s Upgrades Lebanon’s Ratings
In its most recent Credit Opinion report dated April 1, 2009, Moody’s Investors Service, the international rating agency, upgraded Republic of Lebanon’s local and foreign currency “government bond” rating to“B2”.
The Saudi Stock Exchange
On a weekly basis, the Tadawul All Shares Index pursued its upturn, closing 1.6% up at 4,717.38 points.
Consumer Confidence Index In March 2009
The U.S. Conference Board reported that the U.S. consumer confidence index rose to 26 in March 2009 from an upwardly revised 25.3 reading in February 2009.
