France's Macron to host donor conference for blast-stricken Lebanon

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[PARIS] French President Emmanuel Macron will host US President Donald Trump and other political leaders on Sunday for a United Nations-endorsed donors' conference by video to raise emergency relief for Lebanon following this week's massive explosion in Beirut. Read more at The Business Times.

French President Emmanuel Macron will host US President Donald Trump and other political leaders on Sunday for a United Nations-endorsed donors' conference by video to raise emergency relief for Lebanon following this week's massive explosion in Beirut.

Lebanon was already mired in deep political and economic crisis when the blast ripped through its main port on Tuesday, killing 158 people, injuring more than 6,000 and destroying a swathe of the city. Rebuilding Beirut could run into the billions of dollars. Economists forecast the blast could wipe up to 25 per cent off of the country's gross domestic product.

Many Lebanese are angry at the government's response and say the disaster highlighted the negligence of a corrupt political elite. Protesters stormed government ministries in Beirut and trashed the offices of the Association of Lebanese Banks on Saturday. Mr Macron visited Beirut on Thursday, the first world leader to do so after the explosion, and promised the Lebanese people humanitarian aid would come but that profound political reform was needed to resolve the country's problems and secure longer term support.

 

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