Moody's Investors Service said that the slowdown in capital inflows in Lebanon and the decline in deposit growth are fueling the government's move to take measures including debt restructuring or another liability management exercise that may constitute a default.

The Progressive Socialist Party on Thursday said that its leader and ex-MP Walid Jumblat had received a telephone call from Palestinian President Mahmoud Abbas praising his support for the Palestinian cause, the National News Agency reported.

General Security chief Abbas Ibrahim affirmed on Thursday that the Directorate “has not handed any Syrian dissident to the Syrian authorities,” stressing that Lebanese laws ban illegal entry and will deport to Syria anyone trying to enter “illegitimately,” the Saudi Asharq al-Awsat newspaper reported on Thursday.

Retired servicemen blocked major highways around Lebanon early on Thursday as angry commuters stuck in traffic expressed dismay standing in long queues of vehicles in the scorching heat.

The five-hour protest, which began at dawn on Thursday, saw closures of the northern, southern and eastern entrances to Beirut. The demonstration caused major traffic jams and delays in getting into the city.

Prime Minister Saad Hariri on Wednesday stressed that “the government, the parliament and entire Lebanon” are against the so-called “deal of the century,” a phrase referring to the Trump administration’s proposed plans to resolve the Palestinian-Israeli conflict.

“Our constitution prohibits refugee naturalization,” Hariri said in parliament.

Retired servicemen have decided to escalate their protests against the benefit cuts proposed in the 2019 draft state budget, vowing to block all roads leading to and from the capital on Thursday morning.

In a statement, the servicemen said that they would cut off “all main roads” linking Beirut to the various regions from 5am till 10am Thursday.

The MPs Sami Gemayel, Nadim Gemayel, Paula Yacoubian, Jamil al-Sayyed and Jean Talouzian on Wednesday walked out of parliament during a session to elect half of the members of the Constitutional Council.

In a statement, Sami Gemayel slammed what he called “a prior agreement on names and a show election.”

U.S. President Donald Trump on Tuesday slammed the "ignorant and insulting" response from Iran to his offer of talks, extended as the United States slapped new sanctions on the country's already crippled economy.

"Iran's very ignorant and insulting statement, put out today, only shows that they do not understand reality," he tweeted.

Lebanese Democratic Party leader MP Talal Arslan on Tuesday commented on the delay in returning Syrian refugees to their country, noting that the “problem is not in Syria but rather in Lebanon.”

“Under the sponsorship of President Michel Aoun, we are convinced of the importance of resolving the Syrian refugee crisis in a manner befitting of refugees as well as of Lebanese residents,” Arslan said at a press conference.

Palestinian and Lebanese factions on Tuesday organized a number of protests in Beirut and several Palestinian refugee camps in rejection of a U.S.-led peace conference in Bahrain.

“Our stance on the 'deal of the century' is the stance expressed by Parliament Speaker Nabih Berri and Lebanon will not take part in this blatant crime,” AMAL Movement politburo member Hassan Qabalan said at a demo outside the U.N.'s ESCWA headquarters in central Beirut.