The International Support Group for Lebanon on Wednesday noted with concern the “continued lack of cooperation among Lebanese political actors that has precipitated a presidential vacuum, at a time when Lebanon most requires quick and decisive action to address its dire economic, financial and humanitarian crises.”

“More than ever, Lebanon needs fully functioning state institutions that can pursue comprehensive reforms with a strategic vision that generates substantive change for the public good,” the ISG said in a statement.

Saudi Foreign Minister Faisal bin Farhan urged Wednesday for the election of a new Lebanese president who is able to unify the country.

Bin Farhan stressed, in a speech in the Arab summit in Algeria, his country's keenness on the sovereignty of the Lebanese state.

Caretaker PM Najib Mikati on Wednesday urged the Arab nations to “rescue” Lebanon and not to “abandon it.”

“The Lebanon you know has changed. Yes, it has changed. The glowing beacon has been extinguished, the port that used to be considered the Orient’s gateway has exploded, and the airport that is considered a convergence platform is having its lights turned off due to fuel shortages,” Mikati said, in a speech before the 31st Arab Summit in Algeria.

Two depositors, one of them armed with a gun and a gasoline bottle and the other wheelchair-bound, on Wednesday stormed Credit Libanais bank in Hazmieh, demanding their trapped U.S. dollar savings.

The wheelchair-bound depositor, Ibrahim Baydoun, later told al-Jadeed TV that the bank had agreed to give them both a sum of $55,000.

A 16 years old schoolgirl died Wednesday after the ceiling of her classroom collapsed at a public school in Tripoli.

Another schoolgirl was severely injured and other students were wounded.

Parliament speaker Nabih Berri cancelled Wednesday his invitation for a national dialogue so that political parties can agree on a new president.

Berri's media office said that the speaker decided to cancel his initiative following "objections" from the Lebanese Forces and the Free Patriotic Movement.

Free Patriotic Movement chief Jebran Bassil announced Tuesday that he does not intend to run for the country’s presidency.

Twenty-seven MPs met overnight at the headquarters of the Kataeb Party in Saifi to discuss the stalled presidential election and Speaker Nabih Berri’s call for a session aimed at discussing the letter of ex-president Michel Aoun.

“The conferees express their categorical rejection of the attempts at igniting sectarian polarization through fabricating a debate over the issue of the government’s powers during the presidential vacuum period, because this issue is settled in the Lebanese constitution,” the 27 MPs said in a joint statement.

French Ambassador to Lebanon Anne Grillo has called on Lebanon’s lawmakers to “elect a new president without delay,” after the country was plunged into presidential vacuum with the end of President Michel Aoun’s term.

Russian President Vladimir Putin has officially authorized a wheat and fuel grant to crisis-hit Lebanon, media reports said.

The grant consists of 25,000 tons of wheat and ten tons of fuel oil.