Foreign Funds to Spur Growth in Lebanon, Salameh Says (Update1) (Bloomberg)
Jan. 21 (Bloomberg) — Lebanon’s central bank Governor Riad Salameh said he expects the economy to enjoy a fourth year of growth in 2010 as money floods into the country, cutting borrowing costs and enabling the central bank to maintain incentives on investment.
U.N. troubled by Israeli-Lebanese ties (UPI)
BEIRUT, Lebanon, Jan. 20 (UPI) — The United Nations reiterated its concern that Israel was violating the terms of a 2006 cease-fire agreement that calls for respect of Lebanese sovereignty.
Foreign Funds to Spur Robust Growth in Lebanon, Salameh Says (Bloomberg)
Jan. 21 (Bloomberg) — Lebanon’s central bank Governor Riad Salameh said he expects the economy to enjoy a fourth year of robust growth in 2010 as money floods into the country, cutting borrowing costs and enabling the central bank to maintain incentives on investment.
Lebanese PM heads to France over Mideast peace, bilateral ties (People’s Daily)
Lebanese Prime Minister Saad al- Hariri headed to France Wednesday for talks on the peace process in the Middle East and promoting bilateral ties, local media reported. Hariri’s office said he would hold talks with French President Nicolas Sarkozy, Prime Minister Francois Fillon, Foreign Minister Bernard Kouchner and a number of other officials during his three- day official visit. Local daily …
Lebanon worried about new conflict from Israeli intervention (People’s Daily)
Visiting Lebanese Prime Minister Saad Hariri said here on Wednesday that he worried the Israeli intervention may create new conflict in the Middle East region after the recent overflights in Lebanese airspace. “We fear an Israeli intervention. Last week, 25 overflights of Israeli aircraft have occurred in Lebanese airspace during a single day,” Hariri said in an interview with French daily …
S. Korea to send troops to replace its contingent UN peacekeepers in Lebanon (People’s Daily)
South Korea will send 359 troops to Lebanon to replace the South Korean contingent in the United Nations peacekeeping force there, the Korean Army said Thursday. In the country’s sixth such deployment to the region, the Dongmyeong Unit will be tasked with surveillance, civil operations and cooperation with the Lebanese forces, according to the army. South Korea first deployed troops there in …
Beirut weighs municipal election measures (UPI)
BEIRUT, Lebanon, Jan. 20 (UPI) — The Lebanese Cabinet decided to delay municipal elections by one month to June in order to vet electoral laws and a quota system for female lawmakers.
Lebanon Seeks $250 Million From Middle East Air IPO (Update1) (Bloomberg)
Jan. 21 (Bloomberg) — Lebanon plans to raise at least $250 million from the sale of a stake in national carrier Middle East Airlines later this year, Central Bank Governor Riad Salameh said in an interview.
U.S. officials pay intensive visits to Lebanon (People’s Daily)
U.S. officials paid frequent visits to Lebanon in the past two weeks, discussing regional issues with Lebanese leaders, and showing U.S. commitment to Lebanon’s independence and sovereignty. Among the visitors are Middle East envoy George Mitchell, National Security Advisor James Jones, Assistant Secretary of State for International Narcotics and Law Enforcement Affairs David Johnson, Deputy …
French PM: Good Syria-Lebanon relations benefit entire region (EARTHtimes.org)
Paris – The normalization of relations between Lebanon and Syria was a boon for the entire region, French Prime Minister Francois Fillon said Thursday. He made the statement during talks in Paris with his Lebanese counterpart, Saad Hariri. …
