(Bloomberg) — Lebanon selected Karim Souaid as central bank governor, picking a private-sector finance specialist to lead a long-delayed overhaul of the financial sector and kickstart an economic recovery. Seventeen ministers out of the 24-member cabinet voted to name Souaid, a break with the traditional way of naming candidates for such a high-ranking post. Lebanon’s … Read more
Lebanese Prime Minister Nawaf Salam has issued a stark warning that his country is teetering on the brink of a new conflict, following Israel’s vow to retaliate against rocket attacks launched from Lebanese territory. The prime minister’s concerns are rooted in the risks associated with renewed military operations along the southern border, which could potentially … Read more
Jerusalem: Israel’s army said it conducted strikes on “military sites” belonging to the Iran-backed Hezbollah group in south Lebanon on Friday, as Lebanese media reported a series of Israeli strikes in the south. A November 27 truce agreement largely halted more than a year of hostilities between Hezbollah and Israel, including two months of full-blown … Read more
Kfar Kila, Lebanon: Lebanese leaders said they were in contact with the United States and France to press Israel to fully withdraw, branding its continued presence in five places an “occupation” after a ceasefire deadline expired on Tuesday. The UN called the incomplete pullout a violation of a Security Council resolution, though it has allowed … Read more
Beirut, Lebanon: A deadline expired Tuesday for all Israeli troops to leave south Lebanon under a ceasefire deal with Hezbollah, hours after Israel said it planned to remain in five strategic locations. Israeli troops had started withdrawing Monday from some border villages, according to a Lebanese security official, but they seemed poised to stay in … Read more
Beirut: Lebanon formed a new government on Saturday, following unusually direct US intervention in the process and in a step intended to bring the country closer to accessing reconstruction funds following a devastating war between Israel and Hezbollah. Speaking to reporters at the presidential palace, new Prime Minister Nawaf Salam said the 24-member cabinet would … Read more
Jerusalem: Israel said late Thursday it had struck two sites in Lebanon that allegedly contained weapons belonging to the Hezbollah group, despite a ceasefire deal. Israeli forces “conducted a precise strike in Lebanese territory on two military sites that contained Hezbollah weapons, which were in violation of the ceasefire agreement”, the army said on social … Read more
Israel attacked the Hezbollah militant organization in the Bekaa region of Lebanon. Jerusalem: The IDF (Israel Defense Forces) reported that Israel Air Force (IAF) fighter jets attacked during the night targets of the Hezbollah militant organization in the Bekaa region of Lebanon that the IDF said posed a threat to the Israeli home front and … Read more
Washington, United States: The White House said Sunday that a deal between Lebanon and Israel had been extended until February 18, as Israel missed a previous deadline to pull troops. “The arrangement between Lebanon and Israel, monitored by the United States, will continue to be in effect until February 18, 2025,” the White House said … Read more
Beirut: The Israeli military is all but certain to miss a Sunday deadline to withdraw from southern Lebanon under a ceasefire deal that ended its war with Hezbollah two months ago. Under the terms of the Israel-Hezbollah ceasefire that took effect on November 27, the Lebanese army is to deploy alongside United Nations peacekeepers in … Read more