Source: Reuters
Security & Justice
Lebanon Receives Interpol Warrant for Syrian Regime's Air Force Intelligence Chief
Lebanon has received an Interpol warrant issued by the United States for the arrest of Jamil Hassan, the former chief of Syria’s Air Force Intelligence Directorate. Judicial sources told Al Arabiya/Al Hadath that the warrant was handed over to Lebanon’s Public Prosecutor, Judge Jamal Al-Hajjar, on Thursday. The judge promptly disseminated it to all relevant security agencies.
Saturday, December 21, 2024
Lebanon’s Border Villages Face Renewed Devastation Amid Israeli Withdrawal
The Israeli army withdrew from the southern Lebanese village of Bani Hayyan on Friday morning, two days after entering the area in the Marjayoun district. According to local reports, Israeli forces demolished multiple homes as they retreated.
Friday, December 20, 2024
Opinion
Lebanon After the Assads
The United States has important equities in Lebanon, including a desire for a generally friendly government’s economic and political stability; security cooperation; long-standing relations with the large Christian community in Lebanon and Lebanese diaspora in the United States; and ultimately peace between Israel and Lebanon within a broader regional settlement. Achieving these objectives will require navigating a tumultuous period in the country’s history following a war between Hezbollah and Israel that has devastated a large part of the country, exacerbating Lebanon’s already challenging economic conditions. But perhaps the most important dynamic will be how a likely Sunni-dominated state of uncertain composition in Syria will differ in its intentions toward Lebanon from the previous Alawite-led minoritarian Assad regime.
Thursday, December 19, 2024
Europe’s Syrian Dilemma
The news of the sudden and unexpected demise of Bashar al-Assad’s regime in Syria has met a mixed response in Europe. The jubilation that a murderous dictator and close ally of Russia and Iran has fallen is not just good for the Syrian people but serves as a morale booster for Eastern Europeans wondering whether Russia can be defeated
Wednesday, December 18, 2024
Sports
Cristiano Ronaldo Unveils New Private Jet Worth $73 Million
Cristiano Ronaldo, one of the richest global athletes, has unveiled his upgraded private jet reportedly worth $73 million. With its top-notch design, exceptional speed and range of 7500 nautical miles, the Gulfstream G650 is among the fastest jets in the world.
Monday, December 16, 2024
Guardiola Accepts Man City May Need to Sign More Players to Cope with Schedule
Manchester City manager Pep Guardiola believes he will need a bigger squad to handle soccer’s ever-expanding fixture schedule.
Saturday, December 14, 2024
Wednesday 8 March 2023 13:15:29
Lebanon Banks 'Have No Liquidity,' Says Banking Association's Secretary General
Lebanon's commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country's banking association said on Wednesday in a letter that laid out the banks' positions.
The letter was signed by the Association of the Banks of Lebanon (ABL)'s Fadi Khalaf and served as the introduction to the ABL's monthly report. Khalaf said it represented his "opinion and personal analysis".
The letter said commercial banks had approximately $86.6 billion deposited at Lebanon's Central Bank as of mid-February, and a net negative position with correspondent banks of $204 million as of Jan. 31, 2023.
"These numbers show without a doubt that the banks have no liquidity," Khalaf wrote.
