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Lebanon’s Default Barely Heard Amid Global Markets Rumbling and Tumbling

It came not with a bang, but a whimper. The Middle Eastern country’s failure to pay USD1.2bn on its March bond appears to put the ball in creditors’ court. But as coronavirus-linked turmoil and the collapse of oil prices dominates the headlines, Lebanon seems to be way down the pecking order on the elongating list of investors priorities.

Middle East

Mar 11, 2020 // 3:00PM

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