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Sunni leadership continue to back Hariri as PM

The Supreme Islamic Sharia Council, which represents the Sunni community and its leaders in Lebanon, has renewed its support for Saad Hariri, the prime minister-designate, amid an escalating dispute over the failure to form a government in the country. After a lengthy meeting on Saturday, in which Hariri participated, the …

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Nasrallah wants Iranian oil to solve fuel crisis

In a speech seen as an act of defiance against the Lebanese state and the US, Hezbollah leader Hassan Nasrallah on Wednesday insisted that Lebanon should be “negotiating with Iran to buy gasoline and diesel with the Lebanese currency if Lebanon’s shortages persist.” Seemingly unconcerned about the possibility that this …

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$200 million loan to fight power shortages in Lebanon

Michel Aoun

Lebanon’s President Michel Aoun approved an exceptional loan of up to 300 billion Lebanese pounds ($200 million) on Monday for the state electricity company to import fuel for generation before supplies run out, an official statement said. Lebanon is mired in a financial crisis, caused by a mountain of debt built …

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Lebanese central banker falls under French eye

France has opened a probe into the personal wealth of Riad Salameh, central bank chief in crisis-hit Lebanon, sources told AFP Sunday. Paris financial prosecutors have opened a preliminary probe into criminal association and money laundering by Salameh, a source close to the investigation and a judicial source said, following …

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Saad Al-Hariri wants more money for UN assassination probe

Prime Minister-Designate Saad Hariri asked the Lebanese government on Saturday to pay its dues to the Special Tribunal for Lebanon and for the international community to shoulder its responsibility. The tribunal was set up to prosecute those behind the 2005 assassination of Hariri’s father, Prime Minister Rafik Hariri. It is …

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Lebanese now allowed to withdraw $800, a month

Lebanon’s central bank yesterday said depositors with accounts active as of October 2019 would be able to withdraw up to $400 a month plus the equivalent amount in local currency, marking a significant concession after a chaotic two days in Lebanese banking. Lebanese banks had locked depositors out of their …

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Lebanese army on national crisis footing

Lebanon’s army carried out large-scale military exercises on Monday to test its readiness to deal with a nationwide crisis. The “Lebanon Wide” exercise included units from the army, the Internal Security Forces, General Security, State Security, the General Directorate of Customs, the General Directorate of Civil Defense, the Lebanese Red …

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Lebanon receives French report on Beirut blast

Lebanon on Monday received a preliminary report from France regarding last year’s massive port blast in Beirut that killed and wounded thousands, judicial officials said. The officials said the French report is useful for the ongoing investigation in Beirut over the August blast, which decimated the country’s main port and …

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Lebanon running out of money for medical reserves

 Lebanon’s central bank said on Thursday that a system for importing subsidised medical goods could not be sustained without using its mandatory reserves and asked the relevant authorities to find a solution to the problem. Lebanon, which in the throes of a financial crisis that is threatening its stability, has …

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Moscow wants cabinet of Lebanese technocrats, with Hariri at the top

Russia has reiterated its “firm position and commitment to supporting Lebanon’s sovereignty, independence, territorial unity and stability.” Moscow has also indicated its support for Prime Minister-designate Saad Hariri forming a government. The development came amid renewed initiatives from the speaker of parliament, Nabih Berri, to push toward the formation of …

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Lebanese crisis forces Pizza hut to shut down

Pizza Hut is closing in Lebanon as the fast food chain succumbs to the country’s deepening economic crisis. The family food favorite posted a notice on social media thanking its customers for their support and asking them to “hold on to these memories until we make new ones.” Rocketing inflation, …

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Attempts to mend bridges between Aoun, Hariri

Lebanese President Michel Aoun did not intend to revoke prime minister designate Saad al-Hariri’s mandate when he wrote to parliament last week declaring that Hariri could not form a government, Aoun’s son-in-law said on Saturday. Veteran Sunni Muslim politician Hariri was nominated in October to form a cabinet after Hassan …

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Hariri in stand-off with president over new cabinet

Lebanon’s prime minister-designate Saad Hariri said on Saturday he will not form a cabinet that simply caters to President Michel Aoun’s wishes. “I will not form a government as the team of his Excellency the President wants it, nor any other political faction. I will only form the kind of …

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Lebanon in trouble with UAE, Saudi, Kuwait, and GCC

The UAE’s Ministry of Foreign Affairs and International Cooperation has strongly decried the derogatory and racist statements made by caretaker Lebanese Foreign Minister, Charbel Wehbe, against the Kingdom of Saudi Arabia and other Gulf Co-operation Council (GCC) States. The Lebanese ambassador to the UAE was summoned by the MoFAIC and …

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EU wants to sanction Lebanese politicians

The EU is drawing up sanctions on politicians in Lebanon seen as blocking the formation of a government, readying the bloc’s first penalties on its Middle Eastern ally in frustration at the ruling elite’s mismanagement, diplomats said. Led by former colonial power France, the bloc is seeking to ramp up …

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