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	<title>lebanonnewsnetwork.com</title>
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	<description>Lebanon and The Middle East Political; Investment and Business Features and News</description>
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		<title>Recession in Gulf states would have dire consequences for Lebanon - experts</title>
		<description><![CDATA[ Wires
Participants in an economic conference in Beirut warned on Wednesday that Lebanon will be gravely affected if the oil-rich Arab Gulf states experience a recession. Speaking to dozens of participants, Mohammad Zaatari, the president of the Chamber of Commerce in Lebanon, said that Lebanon and some of the Arab countries had managed to avoid the [...]]]></description>
		<link>http://lebanonnewsnetwork.com/archives/567</link>
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		<title>Lebanese premier: Security is key to weathering financial crisis</title>
		<description><![CDATA[ Wires
Lebanese Prime Minister Fouad Seniora stressed at a conference in Beirut Thursday that security and stability are the key to healthy financial growth in the country.


	

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		<link>http://lebanonnewsnetwork.com/archives/566</link>
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		<title>IMF approves US$37.6 million in emergency aid to Lebanon</title>
		<description><![CDATA[Wires
The Executive Board of the International Monetary Fund (IMF) has approved an amount equivalent to SDR 25.375 million (about US$ 37.6 million) in Emergency Post-Conflict Assistance (EPCA) to Lebanon in support of the authorities&#8217; economic program for 2008-09. The amount approved adds to the SDR 50.75 million (about US$ 76.7 million) in Emergency Post-Conflict Assistance [...]]]></description>
		<link>http://lebanonnewsnetwork.com/archives/565</link>
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		<title>Salameh predicts higher GDP, lower inflation, stable pound for Lebanon</title>
		<description><![CDATA[ Wires
Central Bank Governor Riad Salameh said on Thursday that he expected higher GDP, lower inflation and a stable local currency in Lebanon in 2008 and 2009. &#8220;I expect inflation to drop by six percentage points to about 8 percent in 2008 and 6 percent in 2009. Lebanon&#8217;s GDP is also expected to grow to $29 [...]]]></description>
		<link>http://lebanonnewsnetwork.com/archives/564</link>
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		<title>French PM lauds calm following Doha Accord</title>
		<description><![CDATA[ Wires
French Prime Minister Francois Fillon urged Lebanon on Thursday to press ahead with the process of national reconciliation, saying the Doha Accord had put the country on a &#8220;promising path.&#8221; Fillon made the comments shortly after arriving in Lebanon for a two-day visit, accompanied by Defense Minister Herve Morin and a delegation of businessmen and [...]]]></description>
		<link>http://lebanonnewsnetwork.com/archives/563</link>
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		<title>French PM urges reconciliation in Lebanon</title>
		<description><![CDATA[Wires
Beirut - Visiting French Prime Minister Francois Fillon urged Lebanon Thursday to work on the process of national reconciliation. &#8220;The agreement reached in Doha among the squabbling political factions in May had put the country on a promising path,&#8221; Fillon, who was on a two-day visit,said during a joint media briefing with his Lebanese counterpart.


	

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		<link>http://lebanonnewsnetwork.com/archives/562</link>
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		<title>Global Financial Crisis Scuttles Restoration Efforts of Beirut Synagogue</title>
		<description><![CDATA[Wires
One of Lebanon&#8217;s sole remaining synagogues was set to get a restoration that has the rare blessing of all the factions in this divided country — even that of Hizbullah. But the global financial crisis has scuttled the effort for now, leaving the Magen Abraham chained, padlocked, badly damaged and rife with weeds.


	

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		<link>http://lebanonnewsnetwork.com/archives/561</link>
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		<title>New Business Linkages Initiative Program</title>
		<description><![CDATA[Wires
USAID has launched a new program which supports the expansion of the agribusiness, tourism, and information and communication technology sectors, the U.S. embassy said in a statement.


	

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		<link>http://lebanonnewsnetwork.com/archives/560</link>
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		<title>Banque Audi Syria, a branch of the largest Lebanese lender, said net profit for the first nine months of 2008 rose 27.2 percent to 241 million Syrian pounds ($5 million) from 189.4 million pounds in the same period of 2007</title>
		<description><![CDATA[Wires




  
Net credit facilities rose 79 percent to 17.63 billion pounds, from 9.84 billion pounds at the end of 2007, the bank said in a statement on the Syrian Commission for Financial Markets &#38; Securities&#8217; Web site.
Total assets advanced 49.4 percent to 54.34 billion pounds, from 36.38 billion at the end of last year, [...]]]></description>
		<link>http://lebanonnewsnetwork.com/archives/559</link>
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