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NEWSLETTER

Eurobonds double
since mid-September

Goldman Sachs latest report revisits recovery value of debt at 25 cents

The Eurobonds' value has skyrocketed from 6.2 cents in mid-September to 13.47 cents earlier this week. It has tapered down a bit to 13 cents today. It is the highest price since more than 2.5 years. The upward trend coincides with the cease-fire with Israel and the perceived weakening of Hezbollah, and market hopes for a long-awaited presidential election in January 2025 followed by a new government that will possibly undertake reform measures that may include a resolution to the default on Eurobonds.

Goldman Sachs has estimated in a...more


	BUSINESS


	Local products prioritized in NGO purchases for displaced
	Initiative by Association of Industrialists with ILO support


	ECONOMY


	Block 8 seismic survey deal awarded to Norway firm TGS
	Postwar hopes to attract French and US bidders to third licensing round


	GDP to shrink six percent says World Bank gloomy report
	$4.2 billion loss in foreign trade and consumption

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