The coronavirus outbreak in MENA has intensified and governments are stepping up policy support to deal with the economic fallout. And OPEC+ looks set to deepen oil output cuts. Elsewhere, Lebanon’s cabinet will meet on Saturday to decide whether to pay a $1.2bn Eurobond due on Monday. The political classes seem to be coalescing around the idea of not making the payment, although the government is making a last-ditch attempt to strong-arm local banks to cooperate with plans to avert a default.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.