Print Magazine
Brussels Morning Newspaper
Thursday, May 19, 2022
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
No Result
View All Result
Home World

Billionaire ex-PM next in line to try to form government in Lebanon

Ivan Fischer by Ivan Fischer
26 July 2021
in World
Billionaire ex-PM next in line to try to form government in Lebanon
Share on FacebookShare on Twitter

Brussels (Brussels Morning) Lebanon’s President Michel Aoun has picked billionaire businessman and former Prime Minister Najib Mikati as the next prime minister-designate. He will be the third person to take on the unenviable task of attempting to form a government since Prime Minister Hassan Diab resigned in August last year.

Mikati’s attempt will follow that of Saad Hariri, who resigned as prime minister-designate earlier this month after clashing with Aoun, claiming that the President was attempting to ensure that a blocking minority of people loyal to him would serve as ministers in the future government. Aoun accused Hariri of refusing to engage in constructive negotiation.

Estimated by Forbes to be the richest man in Lebanon, Mikati made most of his 3.3 billion dollars net worth through the sale of the Investcom telecommunications company, which he and his brother founded.

Mikati previously served as Prime Minister of Lebanon from April to July 2005, and again from June 2011 to February 2014, when he also succeeded Saad Hariri, and was backed by an alliance involving the Iran-backed Hezbollah group, Walid Jumblatt and current President Aoun.

His latest appointment also comes with the backing of Hezbollah and former Sunni prime ministers, including Hariri. The new prime-minister designate will face a number of challenges in addition to Lebanon’s near-constant state of political instability. It is likely that he will be opposed by the country’s Christian parties and he will certainly be perceived as being part of the political elite that brought about the current crisis, which has sparked a wave of near-continuous protests since October 2019.

With the country’s economy in tatters, and much of Beirut still devastated by the catastrophic explosion in the city’s port last year that brought about the fall of the Diab government, Lebanon is under increasing domestic and international pressure to stabilise its government.

The EU announced earlier this month that it would begin preparing a framework for sanctions against the country’s ruling class that would freeze assets and deny travel rights to all political figures deemed culpable in delaying the formation of the new government.

Latest post

Capaci,,Italy,-3,July,2016,-,The,Memorial,Monument,On

Mafia: from attacks to business

10 hours ago
Athens

What Are 10 Best Budget Hotels In Athens?

10 hours ago

Most Read

  • shutterstock_1821616664

    MEPs send Open Letter urging the Home Secretary Priti Patel to reject Assange’s extradition

    0 shares
    Share 0 Tweet 0
  • These are the 10 highest paying jobs in the Europe in 2022

    0 shares
    Share 0 Tweet 0
  • Why corruption matters

    0 shares
    Share 0 Tweet 0
  • Sweden: Taking Syrian children away from parents for protection?

    0 shares
    Share 0 Tweet 0
  • Brussels residents want to set up school for Ukrainian children

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Belgium News
  • Brussels
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • EU Institutions
    • Parliament
    • Commission
    • Council
  • Europe
  • World
  • Member States
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • The American Angle
    • Southeast Europe
  • Print Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT