Lebanese President Michel Aoun on Wednesday told head of the United States’ delegation mediating in indirect negotiations to demarcate southern maritime borders that Lebanon maintains its sovereignty over its land and waters. In a meeting with the delegation at Baabda Presidential Palace, President Aoun voices Lebanon’s willingness to facilitate the ...
Lebanon’s economy faces an “arduous and prolonged depression,” with real GPD projected to plunge by nearly 20% because its politicians refuse to implement reforms that would speed up the country’s recovery, the World Bank said Tuesday. It said Lebanon should quickly form a reform-minded government to urgently carry out the ...