Activity on the Beirut Stock Exchange in June 2009
According to the Beirut Stock Exchange (BSE) monthly bulletin, traded value plunged by 30.95% y-oy to $476.01 million by the end of June 2009
Budget Deficit in the First Five Months of 2009
On the Public Finance Front, Lebanon’s fiscal deficit (budgetary & treasury) widened to $1.41 billion up to May 2009 from $1.36 billion in the same period last year.
Capital Intelligence Upgrades Lebanon’s Ratings
According to a press release by Capital Intelligence dated July 2, 2009, the international rating agency has upgraded the Republic of Lebanon’s long term foreign and local currency ratings for to "B" from “B-”, while maintaining a "Stable" outlook.
Oman’s Inflation Rate At 3.9% in May
According to the Ministry of National Economy, Oman’s inflation rate fell to 3.9% in May 2009 in comparison with 4.9% in April, posting its lowest pace in 31 months.
Non-Farm Payrolls in June 2009
The U.S. Labor Department announced a 467,000 contraction in non-farm payrolls during the month of June 2009, up from a 500,000 loss in the previous month.
