Source: Kataeb.org
Security & Justice
Lebanese Army Enters Hezbollah Site in Southern Lebanon
A video circulating on social media has captured the Lebanese Army entering a Hezbollah site located in the town of Yohmor al-Shaqif, in southern Lebanon.
Thursday, April 24, 2025
Lebanese Army Tightens Security Around Beddawi Camp in Step Toward Disarmament
The Lebanese government appears to be taking serious steps toward implementing United Nations Security Council Resolution 1701, which calls for the disarmament of non-state actors, including armed Palestinian factions, as part of broader efforts to reassert State authority over all Lebanese territory.
Thursday, April 24, 2025
Opinion
Analysts: Disarming Lebanon's Hezbollah No Longer Inconceivable
The once unthinkable disarmament of Hezbollah could finally be within reach, as the United States pushes Lebanon to act and applies pressure to the group's backer Iran over its nuclear programme, analysts said.
Tuesday, April 15, 2025
Lebanon Remembers a War That Never Truly Ended
On April 13, the Lebanese marked the 50th anniversary of the outbreak of the civil war — a conflict that profoundly reshaped the nation’s modern history. While the infamous Ain El-Remmaneh bus incident served as the spark that ignited the violence, like many civil wars, there were deeper and more complex causes rooted in a web of overlapping local, regional, and international dynamics and domestic economic, demographic, and sectarian imbalances. Though the incident resulted in a dozen deaths, it set off a 15-year war that brought immense destruction, loss of life, and mass displacement.
Monday, April 14, 2025
Sports
First Place on the Line in Madrid Derby as Real and Atletico Squabble Over Refereeing
Real Madrid and Atletico Madrid meet in their second derby of the season with the Liga lead on the line and the focus on refereeing. Real Madrid has spent the days ahead of Saturday’s match complaining of mistakes against the club.
Thursday, February 6, 2025
Zhou Guanyu Joins Ferrari as a Reserve Driver for 2025 F1 Season
The first Chinese driver in Formula 1, Zhou Guanyu, is heading back to Ferrari as one of its reserve drivers for the 2025 season.
Wednesday, February 5, 2025
Thursday 24 April 2025 14:07:15
Lebanese Parliament Approves Landmark Law to Lift Banking Secrecy
Lebanon’s Parliament passed a key piece of legislation on Thursday, approving a law to lift banking secrecy with 87 votes in favor, after making amendments to Article 3.
The revised Article 3 mandates the full and unrestricted lifting of banking secrecy for the Central Bank of Lebanon, the Banking Control Commission, and independent auditors or appraisers appointed according to the proper procedures by the Central Bank and the Banking Control Commission. This move aims to increase transparency in the country's financial system amidst widespread calls for accountability.
The implementation details for the new law will be specified in a decree issued by the Cabinet, based on a proposal from the Minister of Finance, after consulting with the Central Bank of Lebanon.
A ten-year retrospective period for revealing account information was maintained, ensuring that financial transactions from the past decade can also be scrutinized.
In another significant move, Parliament also passed a proposed amendment to Lebanon’s “Currency and Credit Law and the Establishment of the Central Bank,” which gives the Central Bank the authority to issue new banknotes in denominations of 500,000 and 1 million Lebanese pounds. The aim is to address inflationary pressures while keeping the overall money supply in circulation stable.
On the other hand, the Parliament postponed the discussion of another important bill related to Decree No. 14277, which proposes increasing Lebanon's contribution to the International Monetary Fund (IMF). The postponement came at the request of Prime Minister Nawaf Salam, who asked for two weeks to allow further deliberation on the matter.
The session, chaired by Parliament Speaker Nabih Berri, covered 23 items on the agenda, including a range of economic, financial, and social law proposals. Among the topics discussed was the upcoming municipal and electoral elections, with three proposed laws related to the Beirut Municipality. Tensions around the elections sparked debate, with some MPs calling for a postponement to resolve outstanding issues.
The session also saw calls for accountability as MP Ali Hassan Khalil called for the head of the Banking Control Commission to be referred for investigation over ongoing concerns about financial governance in Lebanon’s banking sector.
