Lebanon Needs Reforms to Exit Debt Crisis: Daman Investments

Jan.20 — Ali El Adou, head of asset management at Daman Investments in Dubai, talks about Lebanon’s bonds and the opportunities he sees in the region’s markets. The yield on Lebanon’s next Eurobond to mature rocketed to more than 200% last week as the government’s prospects of avoiding a default diminished. Adou speaks with Manus Cranny and Yousef Gamal El-Din on “Bloomberg Daybreak: Middle East.” …read more

Source:: Yahoo Finance

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