Saturday?s decision to suspend Syria?s membership in the Arab League is not expected to put any additional pressure on Beirut stocks already toiling under the unrest and from the lack of government in the early months of the year. ?I don?t see anything new in Syria and don?t think stocks depend on it, but if they did, it would be through other factors. The BSE is a static entity and needs to be deep and liquid for such events to have an effect,? said Dr. Louis Hobeika, professor of economics and finance at Notre Dame University in an interview with The Daily Star.
Copyright � 2011, The Daily Star. All rights reserved. Source: http://www.albawaba.com/syria%E2%80%99s-arab-league-suspension-will-spare-beirut-markets-400976
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