Bank has enough currency reserves including dollars for the next 13 months but there isnt enough dollars for importers and traders how does that work well the fact is that the central bank does have. Reserves but the situation is actually quite precarious just because weve been actually living with a large budget deficit and very increasing a trade deficit now the inability of the lebanese government to actually attract capital from abroad its putting a lot of pressure on actually deserves so what the central bank is trying to do is actually slow down sort of of its reserves in order to actually contain this situation right now. Is there a trust issue between the banks and the Central Banks or as the Central Bank Governor has suggested dollars should be used inside lebanon and not outside is he suggesting then dollars are being withdrawn and spent in say syria actually did relationship between the Banking Sector and the central bank is actually quite strong in fact its that high level
And i once again welcome to look at the International Full cost as per usual the weather is lost if i didnt ride across a good potholes the middle east little bit of cloud that a spinning out of the black sea towards the caspian sea just around the coaxes you mine just catch the showerhead just around i mean the pushing of it into georgia as well as isa way as we go on through thursday because a lot of fine and sunny weather little bit of cloud into that east the side of the mediterranean but by ridge still getting up to 28 celsius over the next couple of days they contain is in iraq 41 celsius there for back that kuwait city with a top temperature of around 37. 00 degrees mostly similar temperatures across the Arabian Peninsula just notice the possibility of want to see showers southern parts of iran just around the strait of hormuz elsewhere across the reason were going to keep the dry weather and the sunshine the hot sunshine as we go on through the coming days meanwhile over say th
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Secretary general antonio good terrorists issued a statement that stops well short of that civilians and civilian infrastructure should be protected in accordance with international law. The secretary general believes that there is no military solution to the syrian conflict the same language the un has been using throughout syrias bloody 8 and a half year long war there is nor military solution because there is no military solution as i have said repeatedly there is no military in solution to the student prizes so how does that apply to turkeys current operation if there is no military solution and thats the firm view of the secretary general is the clear inference to that that he is not in favor of a new military operation. We have been proven correct on this time and again people have believed that particular fences could wind the conflict from one side or another none of that has happened and it will not be able to happen the parties need to come together they need to resolve their
A nose for trouble mans best friend is helping cuba clamp down on Money Laundering. Business youve got your business i was in berlin welcome the heads of the worlds banks the w t o and the International Monetary fund were painting a gloomy picture for the German Economy and they stopped by a berlin last night to meet. And today germanys top Economic Research institutes joined in and then they will autumn statement germanys Top Economists have lowered their Growth Outlook for this year to only 0. 5 percent at 1. 1 point one percent next year declining Global Demand for investment goods such as factory machinery in which germany specializes in socalled structural changes in the car industry was cited as reasons it ferguson has the details. The causes may be up for a good base but that message is clear europes biggest economy is slowing down germanys top 5 fiscal Research Institutes have now joined the government in causing this years growth forecast theyre now expecting the economy to ex