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Lebanon’s possible new government would still struggle

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LEBANON

This comes as the worsening economic crisis today caused Central Bank Governor Riad Salameh to end fuel subsidies, abolishing a preferential exchange rate for imports. The EU is…

Beirut faces a massive challenge on aid and reform

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LEBANON

The government has drawn up a detailed document setting out the gravity of the country’s economic plight and requesting over 10 billion dollars of additional aid from the IMF and…

Lebanese Shia will rely on Hezbollah parallel economy

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LEBANON

This promptly followed reports of a large explosion at a Hezbollah-linked fuel depot on a smuggling route across the Lebanon-Syria border, possibly targeted by Israeli planes.

Lebanese protest leaders will struggle for control

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LEBANON

On the previous day, an all-party meeting called to manage the fallout from earlier protests in mid-June that turned into sectarian clashes failed because it was boycotted by key…

Prospects for the Levant in 2021

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PROSPECTS 2021

However, in 2021 they will all face two common challenges: recovering from major economic shocks in 2020 and reorienting to US policy shifts under a Biden presidency. From…