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Free AccessLEBANON: Pres. Calls Violence 'Unacceptable', Fmr PM Compares To Civil War
Lebanese President Michael Aoun has stated that the violence scenes that played out in Beirut earlier today, resulting in the death of at least 6 individuals, are unacceptable and that 'those responsible will be held accountable'.
- Earlier, PM Najib Mikati stated that he had been informed by security forces that the situation in the capital had 'stabilised' following mass exchanges of gunfire and RPG launches.
- The violence occurred as Iranian-backed Shi'ite group Hezbollah organised protests aimed at ousting the judge in charge of investigating the 2020 Beirut port explosion. Gunfire exchanges took place in areas where Shi'ite and Christian communities border one another.
- Former PM Saaid Hariri stated that the violence reminded him of the devastating civil war Lebanon experienced from 1975-1990.
- There remains a significant risk of a sharp deterioration in stability given the dire economic situation in Lebanon and the presence of regional powers using Lebanese groups as proxies.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.