What You Need to Know About the Middle East, Jan. 4

The video covers key Middle East stories, focusing on the Turkish lira's significant depreciation due to security concerns and rising inflation. It also discusses Libya's increased oil production, which poses challenges to OPEC's efforts to manage global oil supply. Additionally, the video highlights Saudi Gulf International's plans for an international bond sale, involving major banks like JP Morgan.

What was the primary reason for the Turkish lira's recent depreciation?

• Security concerns and rising inflation

• Increased tourism

• Decrease in oil prices

• Political stability

By how much did the Turkish lira depreciate in December alone?

• 5%

• 12%

• 8.5%

• 10%

What is the current monthly oil shipment from Libya's Sharara deposit?

• 9 million barrels

• 1.9 million barrels

• 5 million barrels

• 12 million barrels

Which bank is NOT mentioned as part of the group arranging the Saudi bond sale?

• Bank of America

• Mizuho

• JP Morgan

• Stanchart

When did Gulf International last tap the markets before the current bond sale?

• 2018

• 2015

• 2012

• 2010