VOL. XLIII

No. 41

9-OCTOBER-2000

LEBANON

Lebanese Equities Reflect Political And Economic Impasse

The Beirut Stock Exchange (BSE) continues to decline as a result of weak corporate financial performances, a burgeoning public-sector debt and the negative economic perceptions of investors and international rating agencies. These sentiments have been exacerbated by the political and economic vacuum since the end of the parliamentary elections on 3 September, which is expected to continue until the...