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122% -22% Q12010 76% 114% -14% Q2 2010 71% -132% 32% Q3 2010 40% 68% 32% Comments Approximately 0% net exposure during and after the Lebanon war Net exposure of approximately 60% in Q1,2 and 13% in Q3,4 For the months of July & August 17 EFTA00729846 Historical Net Exposure 120%
ighlights Rating Finn Term Domestic Bonds Forecast Overseas Bonds Rating Rating Long Al she e Al Moody's Short Pt Long AA- Sho e A Standard & Poor's Short A 1 - A-1 Long Ai Sho e A Fitch Short Ft Source: Israel's Ministry of Finance 37 EFTA00729866 Israel Recent Economic Highlight
pax Partners LLP United Kingdom Viking Global Investors LP USA Kaiser Foundation Health Plan USA Inc. The University of Tokyo An-Nahar Japan Lebanon The Coca-Cola Company USA University of Oxford Taconic Capital Advisors Embassy of Egypt Myanmar Mentors United Kingdom United Kingdom Switz
udies Transparency International Germany Proexport Colombia Colombia Bloomberg Television Accenture Lafarge Lahoud Engineering Centrica Plc Standard & Poor's Eicher Motors Limited IDFC Ltd United Kingdom People's Republic of China France Lebanon United Kingdom United Kingdom India India Oak Inve
and Salafist acculturation. At least seven Middle Eastern states are now beset by bitter, and increasingly violent, power struggles; states such as Lebanon, Egypt, Libya, Bahrain and Yemen are dismantling. Western states no longer trouble to conceal their aim of regime change in Syria, following Libya
tinued political unrest, growing fiscal deficit, and declining foreign reserves. Over the span of just four months (October 2011 to February 2012), Standard & Poor's downgraded Egypt's long-term foreign-currency sovereign credit rating three separate times: from BB to BB-, later to B+, and then to B. This makes
Entities connected to both Lebanon and Standard & Poor's

Jeffrey Epstein
PERSON
United States
LOCATION
Barack Obama
PERSON
George W. Bush
PERSON
Bashar al-Assad
PERSON
Bill Clinton
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Donald Trump
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Middle East
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Department of Justice
ORGANIZATION
Prince Andrew
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Vladimir Putin
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Marc Rich
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Joe Biden
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Bloomberg L.P.
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Yemen
LOCATION
Saddam Hussein
PERSON
Virginia Giuffre
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Hosni Mubarak
PERSON
Samantha Power
PERSON
Tunisia
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