joining us now is yacov arnopolin, pimco emerging markets portfolio manager.lebanon at this point ? how doesreign aid the economy look, given what we know about lebanon and the if closing yesterday -- and the explosion yesterday? yacov: thank you for having me on. first of all, this is a tragedy. our thoughts and our prayers go out to the people of beirut and the people of lebanon. this is probably the biggest in the country since the civil war that ended 25 years ago. having said that, everyone is still puzzling over what exactly happened, whether this was an accident or a terrorist attack. , obviouslye latter it is very negative because this sectarian tensions among the various groups in lebanon. if it is with an accident, that may prompt the downfall of the government, which is already not particularly strong. as we have seen in the past, it takes a long time to form a covenant in lebanon. what does that mean for the economy? this was already an economy on its knees. the country defaulted in march of this year, before the virus. now there are negotiations w