- Lebanon S&P Keeps Lebanon Credit Rating at B-, Fitch Downgrades It to CCC The Standard & Poor's credit rating agency on Friday kept Lebanon's rating at B- while the Fitch agency downgraded it from B- to CCC. In a stateme... 1
- Lebanon Berri Says 'Others' Betrayed LF, Center House Says Hariri Wasn't Part of Agreement Parliament Speaker Nabih Berri on Friday distanced himself from the controversy over the exclusion of the Lebanese Forces from the membership of th... 10
Lebanon's great composer Walid Ghulmiyeh's funeral was held at noon Saturday at St. Nicolas Church in Achrafieh. His body will be later taken to his birthplace in Marjeyoun town in the South, to be buried in the family cemetary.
Ghulmiyeh, President of the Lebanese National Higher Conservatory of Music, had died at the age of 73 after a long battle with illness, state-run National News Agency reported Tuesday.Full Story
An Israeli officer revealed that the Israeli army had amassed some 200 targets in Lebanon ahead of the July 2006 war, including 100 houses and storage areas the party had used to safe-keep long-range missiles it had received from Iran, reported the Jerusalem Post on Friday.
He added that these targets were all destroyed in the first night of the war.Full Story
Free Patriotic Movement leader MP Michel Aoun announced on Saturday that Lebanon’s future will be stable, ruling out the eruption of a civil or sectarian war or Sunni-Shiite conflict in the country.
He said upon his arrival to the southern town of Mlita: “We will twist the arm of U.S. Intelligence in Lebanon like we twisted that of Israel.”Full Story
Russian ambassador to Lebanon Alexander Zasypkin urged the Lebanese to speed up the government formation process in order for the new Cabinet to improve cooperation with Russia, As Safir newspaper reported on Saturday.
Zasypkin stressed on “forming a strong government in Lebanon, capable of leading the country on the security, economy, and political levels.”Full Story
The slowdown in the cabinet formation process and the developments in Syria have negatively affected the efforts to produce the government lineup, which explains the return to the regional-Arab equation of the S-S agreement, al-Liwaa newspaper reported on Saturday.
An informed source told the newspaper that going back to the S-S agreement, the Saudi-Syrian efforts to end Lebanon’s political crisis, is not unlikely seeing as the Doha agreement and the Arab-regional-international alliance that protected it have been eliminated.Full Story
Prime Minister-designate Najib Miqati’s circles questioned the excessive optimism surrounding the possible announcement of a new government, saying that they are “out of place.”
They added however that the circumstances are positive, “but more time is needed for consultations over a number of issues.”Full Story
Premier-designate Najib Miqati told An Nahar newspaper on Saturday that he forgives caretaker Prime Minister Saad Hariri for treating him inappropriately after his appointment as PM-designate in January.
“I forgive him (Hariri) for how he treated me, and I hope that he recognizes in the future that these actions didn’t suit his position and I didn’t deserve it,” he said.Full Story
President Michel Suleiman is waiting for Premiere-designate Najib Miqati’s cabinet lineup to express his opinion about it and to add his share of ministers, An Nahar newspaper reported on Saturday.
“Suleiman told the two Khalils on Thursday (Speaker Nabih Berri's advisor MP Ali Hasan Khalil and Hizbullah chief Sayyed Hassan Nasrallah's advisor Hussein Khalil) that he will not announce any name before he examines the final draft of the formation,” the newspaper said.Full Story
Three new obstacles have risen in the government formation process culminating in differences over naming the sixth Sunni minister, Lebanese Democratic Party leader MP Talal Arslan’s demand for a Cabinet portfolio, and President Michel Suleiman’s refusal to reappoint Adnan Sayyed Hussein as minister
The dispute over the sixth Sunni minister arose when Speaker Nabih Berri’s advisor MP Ali Hasan Khalil and Hizbullah chief Sayyed Hassan Nasrallah’s political advisor Hussein al-Khalil held talks with Prime Minister-designate Najib Miqati on Friday afternoon.Full Story
Hizbullah on Friday strongly denied media reports accusing the Shiite party of being involved in the ongoing clashes in Syria, describing them as “rumors aimed at inciting sectarian tensions.”
“Lately, some Arab and Israeli media outlets and a number of websites have been circulating rumors accusing Hizbullah of being involved in the military confrontations taking place in some Syrian regions,” said Hizbullah in a statement.Full Story