Lebanon is expected to witness another shakeup, as soon the tenure of the central bank governor ends in a few weeks.
Without a president, no new governor can be elected.
Lebanon will not have a president, government, nor central bank governor.
With no governor, his 4 deputies are expected to carryout his duties.
However in a recent public letter, they threatened their registration if forced to carry the burden of the financial situation.
Additionally, they asked to be allowed to use Lebanon's gold & cash reserves.
Without a president, no new governor can be elected.
Lebanon will not have a president, government, nor central bank governor.
With no governor, his 4 deputies are expected to carryout his duties.
However in a recent public letter, they threatened their registration if forced to carry the burden of the financial situation.
Additionally, they asked to be allowed to use Lebanon's gold & cash reserves.
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⋯ "How can we, the deputy governors who are going to lead monetary policy as of August 1, be able to stabilise [the pound] in the absence of any government reforms?” Salim Chahine said in an interview.
"No monetary policy will succeed without supportive government policies."
"No monetary policy will succeed without supportive government policies."
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On 21 July 2017, Hezbullah launched its offensive battle in Arsal countryside, against Al-Qaeda and ISIS fighters, to end the presence of foreign and local terrorists on the Lebanese border once and for all.
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Standoff between the Lebanese army and the Israeli army in Kafarshouba hills, during the visit of opposition MP Elias Jradi to the area.
Jradi is an ex-communist and an opponent to Hezbullah.
Jradi is an ex-communist and an opponent to Hezbullah.
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Forwarded from The Cradle
EXCLUSIVE: Elizabeth Tsurkov visited Lebanon illegally for 3 months
Lebanese security services are conducting investigations to identify the individuals with whom Tsurkov, who served in Israeli military intelligence during the war on Lebanon, may have communicated
Lebanese security services are conducting investigations to identify the individuals with whom Tsurkov, who served in Israeli military intelligence during the war on Lebanon, may have communicated
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Last week, the Israeli army was suprised to spot a group of Hezbullah Ridwan fighters touring the forests on the border between Lebanon and Palestine.
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