Friday, May 4. 2007

Insurance Industry Takes a Beating

But the thing is, stock market prices still plummet in the Gulf coast, and the promising insurance industry took the brunt. I was guessing it would be the real estate brokers who would suffer, but I was wrong. Lebanon is still confident it would get back from the ashes as soon as the Hezbollah raid is over. The Saudi government has promised $1.5 billion in support for reconstruction. That doesn't assure the country that it could take off and reach the goal of 5% growth in the industries this year.
Posted by Viviane Craisler in Financial News at 07:52 | Comments (2) | Trackbacks (0)

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Insurance agents or not, it's still going to be a bad one at Lebanon so we gotta flee or die, lol.
#1 R. Karenna on 2006-10-13 08:04 (Reply)
I used to have businesses in the Middle East, now it's no more. I had everything based in the US.
#2 G Louris on 2006-10-13 08:04 (Reply)

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Fri, 13.10.2006 08:04
I used to have businesses in t he Middle East, now it's no mo re. I had everything based in the US.
R. Karenna about Insurance Industry Takes a Beating
Fri, 13.10.2006 08:04
Insurance agents or not, it's still going to be a bad one at Lebanon so we gotta flee or d ie, lol.
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