Lebanon's political leaders named former ambassador to Germany Mustafa Adib as its new prime minister on Monday, starting the formation of a new government tasked with implementing urgent reforms after the previous leadership quit following the devastating Beirut Port explosion.
Anti-government protesters take part in a demonstration against the political elites and the government, in Beirut, Lebanon, on August 8, 2020 after the massive explosion at the Port of Beirut.Lebanon's political leaders named diplomat Mustafa Adib as the disaster-stricken country's new prime minister on Monday, starting the formation of a new government tasked with implementing urgent reforms after the previous leadership quit en masse.
They know that their governments, however well-intentioned, cannot operate without interference from the country's banking and political lobbyists and parties.As the country approaches hyperinflation, the UN has warned that over half of its population is living in poverty with 23% in "extreme poverty" — while 10% of the population owns 70% of its wealth.
"Adib will not come with miracles and much will depend on the figures that will participate in his government," political risk consultancy Eurasia Group wrote in a note Tuesday. But, it added, there seems to be "willingness to allow Adib to appoint individuals with credible expertise in government," suggesting space for compromise and a new government that would be "mildly positive for political and economic stability.
Adib, like his predecessor, was appointed with the endorsement of Sunni political leaders, the Christian Free Patriotic Movement and Shiite groups Amal and Hezbollah. Hezbollah, backed by Iran and designated by the U.S. as a terrorist organization, is the most powerful political party and militant group in Lebanon. The relatively quick decision came after threats of sanctions by international leaders.
Tk Elon
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lebanon agrees on a new prime minister under French pressureLebanese leaders named diplomat Mustapha Adib as the new prime minister on Monday under pressure from French President Emmanuel Macron who will visit Beirut to press for reforms aimed at dragging the Middle East nation out of a financial abyss. Donald Trump Is Reportedly Weirded Out That Evangelicals Keep Telling Him To Support Israel So Jesus Can Come Back And Send The Jews To Hell Peace between Palestinian and Israel is the issue. This is just a side-show between two wealthy countries 'The agreement between Israel and the UAE, which was partly brokered by Washington (Kushner), included a secret clause detailing the sale of F-35 fighter jets to the Emirates.' Let's see 'Arms for Optics'.
Source: Reuters - 🏆 2. / 97 Read more »
Lebanon Names New Prime Minister After Weeks of Political UncertaintyMustapha Adib, Lebanon’s ambassador to Germany, was named as the country’s next prime minister, an appointment that is unlikely to placate protesters who have sought a complete overhaul of the nation’s leadership. thanks Hopefully they manage to lift themselves out of Hezbollah..........
Source: WSJ - 🏆 98. / 63 Read more »
Macron to mark Lebanon's centenary as nation teeters on brinkFrench President Emmanuel Macron was due to head northeast of Beirut on Tuesday to mark Lebanon's centenary by planting a cedar tree, the emblem of the Middle East nation that is collapsing under the weight of a crippling economic crisis. Fucks it got to do with him? France is starting to sound like the US always playing the sanction card like an overused cliché. Como o Ocidente gosta de interferir na política interna de outros países, principalmente os pobres. Pq não ameaça a Arábia Saudita, por exemplo?
Source: Reuters - 🏆 2. / 97 Read more »
Macron Presses Lebanon’s Leaders to Form Government, Deliver ReformsFrench President Emmanuel Macron pressed Lebanon’s leaders to form a government and introduce reforms, and in return promised international aid to help the Mediterranean nation stave off economic collapse. When the US is out of the picture Macron finnish stopp
Source: WSJ - 🏆 98. / 63 Read more »
UK to ramp up return-to-workplace campaign after COVID slumpBritain will urge people this week to get back to their places of work, ramping up Prime Minister Boris Johnson's calls to revive the economy after its hammering during the coronavirus lockdown. Is our first response what about understand school trip under ramping more than decided without reality fear to be there with out vaccine we need self out us soon
Source: Reuters - 🏆 2. / 97 Read more »
Abe Shinzo resigns, leaving formidable problems for his successorJapan’s new prime minister must grapple with huge debts, a shrinking population, an aggressive China and an unpredictable America Japan had a little bit more than 1000 deaths and 60k cases until today. They literally had the best response to COVID on Earth in proportion to their population of 125M people. What are you even talking about? VATICAN SWITZERLAND BRITAIN FRANCE SPAIN ISRAEL AN US FEDERAL RESERVE BANK BITCH SLAPPING HOME GLOBE IN TO WARRING SLAVE MINERAL OIL AN GAS EXTRACTION TERRITORIES NAKASAKI HEROSHIMA FUKUSHIMA WHAT COLONIZATION COST JAPAN SpeakUpForSSCRailwaysStudents
Source: TheEconomist - 🏆 6. / 92 Read more »