Tag "Lebanon"
Back to homepage
Draft of Lebanese financial rescue plan promises “painful” steps
BEIRUT: Lebanon’s new government will look to reduce interest rates and recapitalise banks as part of a broad plan that includes taking “painful” steps to escape a deep financial crisis, according to a draft policy statement seen by Reuters. The
Read More
Lebanon forms gov’t with backing of Hezbollah and allies
Lebanon formed a new government yesterday under Prime Minister Hassan Diab after the Shiite group Hezbollah and its allies agreed on a Cabinet that must urgently address an economic crisis. The heavily indebted state has been without an effective government
Read More
Lebanon’s Hariri says he will not be PM again
BEIRUT: Lebanon’s Saad al-Hariri withdrew as a candidate for prime minister yesterday, and Shiite Hezbollah with its ally Amal moved toward nominating a former education minister for the job, two senior sources familiar with their position said. Hariri, the country’s
Read More
Lebanon delays nomination of new PM
The nomination of Lebanon’s next prime minister has been postponed after major Christian parties said they would not support the candidacy of caretaker Prime Minister Saad Hariri, presenting a new impasse after weeks of political wrangling. Hariri resigned on October
Read More
Lebanese army clashes with supporters of Hezbollah, Amal in Beirut
Lebanese troops lobbed tear gas today to disperse supporters of Shi’ite groups Hezbollah and Amal who tried to storm a square in Beirut in response to a video that purportedly offended Shi’ite figures, witnesses and media reports said. Hundreds of
Read More
Clashes rock Beirut as security forces fire tear gas at a protest
Tear gas engulfed central Beirut as security forces chased protesters near Lebanon’s parliament yesterday in a second night of street clashes that wounded dozens of people. Protesters had returned despite a fierce crackdown by security forces the night before when
Read More
Thousands protest against the crackdown in Lebanon’s capital
Thousands of Lebanese people took to the streets in Beirut yesterday to protest against the potential nomination of Saad Hariri as prime minister and in defiance of the violent crackdown on demonstrators by security forces the previous night. Riot police had used tear gas
Read More
Lebanon’s Hariri re-emerges as PM candidate as Khatib withdraws
Lebanon’s leading Sunni Muslim politician, Saad Hariri, has re-emerged as a candidate for prime minister as businessman Samir Khatib withdrew his candidacy to lead a government that must tackle an acute economic crisis. President Michel Aoun responded by postponing until
Read More