CDS spreads rise in Arabic nations

Risk perceptions of sovereign states in the north Africa and Middle East region continued to rise today, with the political situation in many places showing no signs of stabilising.

In Tunisia, credit default swap (CDS) spreads widened from 192 basis points at close of trading yesterday to 201bp by 1.00pm UK time today, according to information from financial data provider Markit. Yesterday, the Tunisian prime minister Mohamed Ghannouchi was forced to step down after angry demonstrators denounce

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