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Tag Archives: French roadmap

US says Hezbollah fuel import a PR stunt

The United States on Thursday denounced Hezbollah’s deliveries of Iranian fuel in crisis-hit Lebanon as a public relations stunt and warned that Tehran remained under sanctions. Iran is set to deliver more fuel in the coming days to Lebanon for distribution by Hezbollah, the Shiite movement that has shown its …

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Macron wants Lebanon to stick to IMF requirements

French President Emmanuel Macron urged Beirut on Friday to implement urgent reform measures and push ahead with International Monetary Fund (IMF) talks, adding that France would continue to support Lebanon. Macron made his comments after meeting Lebanon’s Prime Minister Najib Mikati, who is on his first foreign trip after successfully …

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Lebanese cabinet succeeds in attaining confidence vote

Lebanon’s new government won a vote of confidence on Monday for a policy programme that aims to remedy a devastating economic crisis, despite the parliamentary session being delayed when the lights went off due to power shortages. The programme drawn up by Prime Minister Najib Mikati’s government promises to revive …

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More fuel prices hikes says new Lebanon government

Lebanon’s new government raised gasoline prices on Friday, cutting a subsidy that Prime Minister Najib Mikati has said is unaffordable as he advances plans to address a devastating financial crisis. The government also signed a new contract with restructuring consultancy Alvarez & Marsal (A&M) to carry out a forensic audit …

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New Lebanese government pushes draft commitment to IMF

The Lebanese government will resume negotiations with the International Monetary Fund while beginning reforms demanded by donors, according to a draft policy programme that aims to tackle one of the worst financial meltdowns in history. New Prime Minister Najib Mikati’s government will also resume negotiations with creditors over a restructuring …

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President Aoun hopeful for new IMF talks

Lebanon’s President Michel Aoun said on Monday he hoped the new cabinet’s policy programme would include a resumption of talks with the International Monetary Fund. Aoun’s statement came as the new government, formed on Friday, was meeting for the first time in the presidential palace. “We will face big difficulties …

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Iranian fuel oil goes to Lebanon through ally Syria

The first Iranian fuel oil cargo secured through Lebanon’s armed group Hezbollah will be delivered via Syria by truck to avoid complications related to sanctions, two sources with knowledge of the mater said on Thursday. Hezbollah, a heavily armed group founded by Iran’s Revolutionary Guards in 1982, announced last month that a shipment of Iranian fuel oil was on its way …

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Hundreds of thousands of Lebanese trying to flee the country

Immigration from Lebanon is entering a state of “exodus” as the many crises hitting the small Mediterranean country remain unresolved, according to the Crisis Observatory, an interdisciplinary research program launched by the American University of Beirut. The continuing immigration of thousands of Lebanese is reaching a tipping point, the research …

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Syrian refugees leave Lebanon over economic crisis

The economic crisis in Lebanon is prompting a remarkable number of Syrian workers residing in the country to return to Syria. The number of Syrian refugees in Lebanon has decreased to 851,717, according to the UN High Commission for Refugees’ latest census, though the Lebanese government stopped allowing the UNHCR …

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Hezbollah says Lebanon ready for Iran fuel imports

Lebanon’s Hezbollah chief Sayyed Hassan Nasrallah on Friday repeated pledges to import Iranian fuel should shortages across the country persist, saying that all logistical steps for that possibility were complete. Nasrallah, who heads the Iranian-backed armed Lebanese group, said earlier in June Iran could supply fuel to Lebanon in local …

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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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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 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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Macron wants Lebanese consensus in exchange for aid

President Emmanuel Macron will seek to revive a French initiative on Lebanon when he hosts an international aid conference on Wednesday, but with the country’s fractious political class bickering, hopes of a breakthrough appear slim. Four months after a massive explosion that killed more than 200 people and destroyed swathes …

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Maronite church sets terms to PM Hariri over new cabinet

Lebanon’s top Christian cleric urged Prime Minister-designate Saad al-Hariri on Sunday to avoid back-door deals and to quickly form a new government that will start lifting the country out of financial crisis. Veteran Sunni politician Hariri was named premier for a fourth time on Thursday, a year after huge protests …

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Michael Aoun promises he will pick Lebanese PM

Michel Aoun

Lebanon’s President Michel Aoun said on Wednesday he would fulfill his duty in designating a prime minister but put the onus on the new premier to launch moves to pull the country from financial crisis. Sunni leader Saad al-Hariri is poised to be named prime minister at formal consultations on …

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