The dead body of a man was found in the parking of a residential building in the eastern city of Zahle, reports said on Wednesday.

Ziad Ayoub al-Qasouf, 40, had sustained gunshot wounds and was found in the parking of the Ramia building where he resides in upper Zahle.

Lebanese banks began taking measures against persons or institutions in accordance to a U.S. law that imposes sanctions on banks that knowingly do business with Hizbullah, banking sources said on Wednesday.

The sources told al-Mustaqbal daily that the measures are being taken on accounts in Lebanese Liras and foreign currencies.

Mustaqbal Movement chief MP Saad Hariri unveiled on Tuesday his list of candidates for the Beirut municipal elections that are scheduled for May 8.

He said during a ceremony: “This list brings together the people of Beirut and we will head to the polls on May 8 and elect it to restore unity to the city.”

The American University of Beirut slammed on Tuesday the clash that erupted on Monday between students affiliated with the Kataeb Party and others affiliated with the Syrian Social National Party.

It underlined the importance of freedom of expression for all sides, “strongly condemned” the violence that broke out on Monday on and off campus.

Speaker Nabih Berri stressed on Monday the need to resolve the dispute over the parliamentary electoral law, while underlining that legislative sessions can be held irrespective of the developments in the country.

He said during a press conference: “Parliament is entitled to hold a legislative session regardless of the conditions in the country.”

Al-Mustaqbal Movement chief MP Saad Hariri said that he has no relation to Beshara Tarabay, a lawyer who was accused in French media reports of allegedly laundering money in favor of Hizbullah, his media office said in a statement on Monday.

Hariri' media office replied to a report published in the daily As Safir claiming that Tarabay has received sums of money from a network involved in money laundering for the purpose of smuggling narcotics and that Tarabay is Hariri's lawyer.

Parties are gearing up for the municipal elections that are set to kick off on May 8 in the Bekaa Valley and Beirut, in light of reports alleging that Hizbullah has no nominees so far for the Shiite seats allocated in the capital's municipal council, al-Akhbar daily reported on Monday.

Reports said that leader of al-Mustaqbal Movement ex-PM Saad Hariri has voiced hopes on Hizbullah to keep unchanged the current Shiite municipal council members Khalil Choucair and Fadi Shahrour.

Marada Movement chief MP Suleiman Franjieh stated on Sunday that the most important accomplishment is that the future president will be elected from the March 8 camp whether it was founder of the Free Patriotic Movement MP Michel Aoun or himself.

“The most important accomplishment has been achieved. The president will be elected from our (March 8) group and we must not lose that whether it was Aoun elected or Suleiman Franjieh,” said the MP via Skype addressing his Marada supporters in Australia.

Lebanon's Armenians marked on Sunday the 101 anniversary of when some 250 Armenian intellectuals were rounded up by Ottoman Turks as the first step of the genocide against them.

A demonstration marched from the Antelias Square to the town's main highway marking the genocide that was committed around the time of World War I.

A suggestion to elect the founder of the Free Patriotic Movement MP Michel Aoun as president could be underway, garnering the blessing of two political parties, the Saudi Okaz daily reported on Sunday.