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UPDATE 1-Lebanese banks should play role in reducing deficit -finance minister

Apr 18 2019

* Finance minister signals moves to cut public-sector wage bill

Exclusive: Lebanese draft budget reduces deficit to below 9 percent of GDP - finance minister

Apr 17 2019

BEIRUT Lebanon's draft budget for 2019 projects a deficit of less than 9 percent of GDP compared to 11.2 percent in 2018 and includes "wide reductions" in spending based on the need for "exceptional austerity measures", the finance minister said on Wednesday.

Syria vows to recover Golan as Trump policy shift draws criticism

Mar 22 2019

BEIRUT The Syrian government vowed to take back the Israeli-occupied Golan Heights as its allies and enemies alike condemned U.S. President Donald Trump on Friday for moving to recognize Israeli sovereignty over the territory seized in war. | Video

Trump entfacht im Nahost-Konflikt neuen Streit um Golanhöhen

Mar 22 2019

Beirut US-Präsident Donald Trump hat mit einer weiteren Kehrtwende in der Nahost-Politik den Streit zwischen Israel und Syrien um die Golanhöhen neu entfacht. Trump überraschte mit seinem Vorstoß, die USA sollten die Souveränität Israels über das 1967 eroberte und später annektierte Gebiet anerkennen. Syrien protestierte und kündigte an, nun noch entschlossener und mit allen Mitteln um die Golanhöhen zu kämpfen. Scharfe Kritik an Trumps Vorhaben kam zudem nicht nur von Syriens Verbündeten Russland und Iran, sondern auch aus der Türkei. "Die unglückliche Äußerung von US-Präsident Trump gestern hat die Region an den Rand einer neuen Krise gebracht", sagte Präsident Recep Tayyip Erdogan am Freitag. Die EU, Deutschland und Frankreich lehnten eine Anerkennung der Golanhöhen als israelisches Gebiet ab.

Trump entfacht im Nahost-Konflikt neuen Streit um Golanhöhen

Mar 22 2019

Beirut US-Präsident Donald Trump hat mit einer weiteren Kehrtwende in der Nahost-Politik den Streit zwischen Israel und Syrien um die Golanhöhen neu entfacht.

Syria's Assad struggles to reap spoils after military gains

Mar 14 2019

BEIRUT Eight years since Syria began its descent into war, many of President Bashar al-Assad's enemies have been defeated and the bulk of the country is back under his control. But he isn't celebrating.

Lebanon's Hezbollah urges talks with banks to reduce debt servicing

Feb 12 2019

BEIRUT The powerful Lebanese Shi'ite group Hezbollah on Tuesday urged the new government to launch talks with banks to bring down the cost of servicing the state's massive public debt, setting out its view on the major problem in unusually clear terms.

Exclusive: Heavily indebted Lebanon promises quick reforms - draft policy statement

Feb 06 2019

BEIRUT Lebanon is committed to launching fast and effective reforms that could be "difficult and painful" to avoid a worsening of economic, financial and social conditions, according to a draft government policy statement seen by Reuters on Wednesday.

Building on Syria war gains, Hezbollah scores political win

Feb 01 2019

BEIRUT Hezbollah's bigger role in Lebanon's new unity government points to a growing appetite to shape state affairs and builds on unprecedented military clout the group is wielding after helping turn the tide in Syria's war.

Lebanon agrees new government, PM vows bold reforms

Jan 31 2019

BEIRUT Lebanon formed a new national unity government on Thursday, ending nine months of wrangling, and Prime Minister Saad al-Hariri said bold moves were needed without delay to address chronic problems facing the heavily indebted state.

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