The economy of Lebanon is seeing a once-in-a-lifetime collapse amid hyperinflation and outages, according to a report from the World Bank. The small Middle Eastern country has seen inconsistent power supply and outages after the massive explosion in its capital, Beirut, last year. The country, which is also dealing with hyperinflation, is seeing one of the worst…
Hezbollah Terrorists Launch Barrage of Rockets Into Israel as ‘Retaliation’
Lebanese terrorists confirmed on Friday it has launched a heavy barrage of rockets as a response to attacks at an artillery launch site in southern Lebanon by the Israeli military a day earlier. Hezbollah, an Iran-backed designated terrorist organization, said in a statement the attack with nearly 20 rockets was a retaliation to Thursday’s Israeli airstrikes, which…
Israeli Fighter Jets Strike Launch Sites in Response to Lebanese Rocket Attack
Israel on Thursday launched rockets at an artillery launch site in Lebanon as a response to attacks from the Lebanese earlier this week, officials said. The Israeli military said fighter jets targeted the launch sites from which the Lebanese rocket attacks originated on Wednesday. A separate infrastructure used in past terror attacks on Israeli territory…
2 Rockets From Lebanon Strike Israel, Drawing Israeli Retaliation
JERUSALEM—Two rockets launched from Lebanon on Wednesday struck Israel, which responded with several rounds of artillery fire amid heightened regional tensions over an alleged Iranian attack on an oil tanker in the Gulf last week. Israel’s Magen David Adom national ambulance service said there were no casualties on the Israeli side of the hilly frontier,…
Lebanese PM-designate Mikati Aims to Form Government to Implement Reform Plan
BEIRUT—Lebanese businessman Najib Mikati secured enough votes in parliamentary consultations on Monday to be designated the next prime minister, and now faces the difficult challenge of forming a viable government to tackle a financial crisis. Mikati has been prime minister twice before and, unlike many Lebanese leaders, does not represent a political bloc or hail…
Lebanon Signs Deal to Sell Iraqi Fuel in Move to Ease Crisis
BEIRUT—Lebanon signed a deal Saturday to broker Iraqi fuel sales in hopes of alleviating a crippling financial and energy crisis in the small Mediterranean country, Lebanese and Iraqi media reported. The deal allows Beirut to resell 1 million tons of heavy fuel oil from Iraq—fuel that Lebanon cannot use in its own power plants—to companies…
2 Rockets Fired From Lebanon Into Israel: Israeli Army
JERUSALEM—Two rockets were launched into Israel from Lebanon overnight on Tuesday, setting off sirens but causing no damage or injuries, and the Israeli military said it had responded with artillery fire. Israeli Defence Minister Benny Gantz suggested the incident could be linked to long-running governance problems rocking Lebanon and the influence of the Iran-backed terrorist…
American Father, Son Get Japan Prison Terms for Ghosn Escape
TOKYO—A Tokyo court handed down prison terms for the American father and son accused of helping Nissan’s former chairman, Carlos Ghosn, escape to Lebanon while awaiting trial in Japan. Michael Taylor was sentenced Monday to two years in prison, while his son Peter was sentenced to one year and eight months. They were charged with…
Lebanon’s PM-designate Steps Down After Months of Deadlock
BEIRUT—Lebanon’s Prime Minister-designate Saad Hariri stepped down Thursday, citing “key differences” with the president after nine months of political wrangling that failed to put together a government for the crisis-ridden country. The development is likely to plunge Lebanon further into chaos and uncertainty amid an unprecedented economic breakdown—and also dim prospects for a recovery package…
EU Wants Lebanese Sanctions Regime Framework by End of July
PARIS—The European Union said on Monday it wanted to agree by the end of July the legal framework for a sanctions regime targeting Lebanese leaders, but cautioned that the measure would not be immediately implemented. Led by France, the EU is seeking to ramp up pressure on Lebanon’s squabbling politicians after 11 months of a…
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