Tiny Lebanon sits on one of the largest gold reserves in the Middle East and its government is weighing whether it can use that stockpile to restore a crippled economy while its citizens are looking at gold as a way to protect their battered assets.

Lebanon's economy hobbled into 2026 with ongoing inflation and state decay and no reforms to combat corruption in sight. Its banks collapsed in late 2019 in a crippling fiscal crisis that evaporated depositors' savings and plunged about half its population of 6.5 million into poverty, after decades of rampant corruption, waste, and mismanagement. The country suffered some $70 billion in losses in its financial sector, further compounded by about $11 billion in the 2024 Israeli war.

Top U.S. military officer General Dan Caine met with Rodolphe Haykal this week, a spokesman said Thursday, after a previously planned visit by the Lebanese army commander to Washington was scrapped.

Caine held talks with Haykal on Tuesday and Qatar's defense chief the day before, "reaffirming the importance of the United States' enduring defense relationships in the Middle East," U.S. Joint Staff spokesman Joseph Holstead said in a statement, without providing further details.

Beirut port blast investigator Judge Tarek Bitar has held a lengthy meeting with the State Prosecutor Jamal al-Hajjar to coordinate the next steps following Bitar's decision to wrap up the investigation into the case and refer it to the Public Prosecutor's Office for review, paving the way for the issuance of an indictment, a media report said.

Lebanese Army Commander General Rodolphe Haykal held "very good" meeting with U.S. military officials in the United States, sources familiar with the matter said.

In remarks to al-Akhbar newspaper, the sources said Haykal sensed "a clear professional understanding from the military leadership regarding the Lebanese Army's approach" to addressing the issue of weapons in Lebanon.

U.S. envoy Tom Barrack has again described Lebanon as a “failed state,” noting that “the confessional system does not work.”

“A Maronite president, a Sunni prime minister and a Shia speaker; a 128 parliamentary seats split equally between Islam and Christians; everything is a deadlock,” said Barrack at a seminar organized by the Milken Institute.

Israel is not abiding by the ceasefire as it is still occupying five points in south Lebanon and detaining Lebanese prisoners in Israel, Prime Minister Nawaf Salam told CNN.

Salam said the Israeli attacks and violations are undermining the efforts of his government to disarm Hezbollah and expand the state's authority to all Lebanese territory.

Hezbollah is keen on cooperation to achieve the interest of all Lebanese, MP Mohammad Raad said Wednesday after he met with President Joseph Aoun in Baabda.

He added that meetings and talks will continue between Hezbollah and the president to achieve Lebanon's interests. "We are keen on cooperation to achieve the goals of all Lebanese people -- ending the occupation, releasing prisoners, strengthening stability, and the return of our people to their homes and villages," Raad said.

A walled compound in Lebanon housing hundreds of people who fled their homes in Syria after the fall of Bashar Assad over a year ago has drawn allegations that the residents are Assad loyalists, which they deny.

The attention on the compound in Hermel town highlights the sensitivities around Syria's transformation after a long civil war, suspicions that can linger about identity and minorities' fear of retaliation.

Beirut accused Israel of spraying the herbicide glyphosate on the Lebanese side of their shared border, with President Joseph Aoun decrying a "crime against the environment".

After collecting samples following the recent spraying, the agriculture and environment ministries said some of them showed concentrations of glyphosate "20 to 30 times higher than the average" in the area.

U.S. Congressmen Darrell Issa and Darin LaHood, who are of Lebanese origin, have submitted a draft bill seeking the imposition of sanctions on any “foreign person or entity that hinders, obstructs or delays Lebanon's electoral process, including efforts to restrict or prevent Lebanese citizens abroad from voting in parliamentary elections.”

The draft bill was dubbed the “Lebanon Election Integrity and Diaspora Voting Protection Act of 2026''.