Monday, August 9, 2010

Same old "rumblings" in Lebanon ...

Knock, knock ... Who's there?... Rumblings!... Rumblings who?
"... The fragile political stability of Lebanon is a perpetual concern. Recent rumblings over the possibility that members of the Hizbullah movement could be implicated in the UN’s investigation of the 2005 assassination of former Prime Minister Rafik Hariri – the father of current premier Saad Hariri – along with a ramping up of tension between the pro-Islamist party and Israel, could serve to make investors think twice about buying into the Lebanese economy.
That said, there have been similar rumblings for most of the past decade, a decade that has seen strong growth despite political instability and even war. As such, there is little to suggest that growth cannot be maintained or even improved going forward."

No comments: