Lebanon

Things seem to be going from bad to worse for Lebanon’s economy. On Aug. 23 Fitch downgraded its credit rating to CCC, meaning both it and Moody’s now rate the country’s bonds as junk. Ten days later, on Sept. 2, Lebanon’s top officials and bankers declared the country was in a state of economic emergency and said emergency measures would be taken.

This week’s briefing on recent news and upcoming events in the region featuring Marvin G. Weinbaum, Randa Slim, Alex Vatanka, and Gonul Tol.

There are three sets of actors whose involvement has significantly affected the Syrian refugee situation in Lebanon: UN agencies, humanitarian organizations, and key regional countries (notably, Iran) and major powers (especially the US, EU, and Russia). This article briefly examines the international politics of Syrian refugee return in the case of Lebanon.

This week’s briefing on recent news and upcoming events in the region featuring Fatima Abo Alasrar, Gonul Tol, Marvin G. Weinbaum, Randa Slim, and Michael Sexton and Eliza Campbell.

As it combats continuing stagnant growth, Lebanon’s economy is facing a looming debt crisis. Omar Slim, senior investment manager and committee member with Lebanese International Finance Executives (LIFE), joins host Alistair Taylor to discuss the current threats to Lebanon’s economy and the need for financial consolidation.

The idea of establishing a Levant Union — one not unlike the European Union (EU), but composed of the Levantine states of Lebanon, Syria, Iraq, Palestine, Jordan, and by extension, Egypt and Cyprus — is one that ought to be explored. Such an arrangement would offer untapped potential for trade, supported by the growing trend toward greater regionalization, fueled by the rise in protectionism, increasing multipolarity, and corporate regionalization.

A reliable supply of freshwater is a prerequisite for sustainable socioeconomic development, as well as for sociopolitical stability and human prosperity, especially in semi-arid and arid regions of the world. The Middle East and North Africa’s freshwater resources are under immense pressures and are facing significant risks to their sustainability due to overexploitation, climate change, and interstate competition over their use that extends beyond the region’s boundaries.

It is easy to overlook the fact that food security could be an issue of concern in the Gulf Cooperation Council. After all, its member states have some of the world’s highest per capita income levels. Food supplies in the Gulf are normally abundant and stable. Were they to be disrupted, however, it could lead to food security challenges and a chain of adverse consequences for human security throughout the region.

My colleagues and I at the American Task Force for Lebanon (ATFL) visited the LAF southern headquarters, the UNIFIL headquarters, and the Blue Line, established in 2000, separating Israel and Lebanon. We were encouraged by what we saw.

Competition for security and energy is at the center of recent developments in the Eastern Mediterranean. Countries from Egypt to Turkey are moving to secure, exploit, and market their (not always fair) share of the game-changing offshore natural gas reserves. Russia, China, and Iran are securing port facilities, and in the case of Russia, drilling rights, in Lebanon and Syria. 

This essay explores political complexities of the country hosting the highest number of refugees per capita worldwide: Lebanon. Rampant corruption and sectarian rhetoric paired with political complexities now threaten the lives and futures of Syrians residing in Lebanon. This article discusses two of these major complexities below and explain their implications on Lebanese and Syrians residing in some of the country’s most impoverished areas.

In this week’s Monday Briefing, MEI experts Paul Salem, Randa Slim, and Marvin G. Weinbaum provide analysis on recent and upcoming events including the anniversary of the US withdrawal from the Iran nuclear deal, the economic crisis in Lebanon, and ongoing peace talks in Afghanistan.

In this week’s Monday Briefing, MEI experts Randa Slim, Charles Lister, Gerald Feierstein, and Paul Salem provide analysis on recent and upcoming events including Iraqi Prime Minister Abdul-Mahdi’s first foreign trip to Egypt, the future threat posed by ISIS, Israeli Prime Minister Benjamin Netanyahu’s AIPAC meeting in Washington, and Secretary of State Mike Pompeo’s visit to Lebanon.

This article was published by IranSource on February 6, 2019.

The Tehran-Damascus-Hezbollah trilateral partnership has been decades in the making. It pre-dates the Syrian civil war, has strengthened as a result of the war and will likely endure in the post-war years.