Lebanese Parliament Speaker ‘Pessimistic’ on Govt. Formation Prospects

Lebanese parliament Speaker Nabih Berri. (NNA)
Lebanese parliament Speaker Nabih Berri. (NNA)
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Lebanese Parliament Speaker ‘Pessimistic’ on Govt. Formation Prospects

Lebanese parliament Speaker Nabih Berri. (NNA)
Lebanese parliament Speaker Nabih Berri. (NNA)

Lebanese parliament Speaker Nabih Berri expressed on Saturday his pessimism over the prospects that a new government will be formed soon amid the ongoing disputes between the rival Christian parties of the Free Patriotic Movement (FPM) and Lebanese Forces (LF) over the distribution of portfolios.

Five months after parliamentary elections were held, Berri said that the process of forming a new government returned “to zero”.

"We have gone back to zero," Berri told Lebanese newspaper al-Akhbar. "There had been signs of a resolution, but after yesterday's statements I have become pessimistic."

Throughout these five months, there has been no sign of the concessions sought by Prime Minister-designate Saad al-Hariri that would enable the formation of a unity government that can get to work on badly needed economic reforms.

Politicians are warning that Lebanon faces an economic crisis.

On Friday the Christian parties clashed over how power should be divided in the government, casting doubt over Hariri's prediction on Thursday that an agreement would be reached soon.

Caretaker Foreign Minister and head of the FPM Jebran Bassil set on Friday a new condition for the government formation by proposing that each parliamentary bloc be granted one minister for every five seats won in the May elections.

His new standard would allow his parliamentary bloc to take six ministers in the new cabinet, in return of only three to the LF.

The LF rejected the new conditions and said Bassil was not responsible for forming the new cabinet.

“The only standard we will follow is the popular one, which allows us to receive one third of Christian ministers,” it added.



US Imposes Sanctions on Iran and Houthi-related Targets

Houthi fighters take part in a parade during a mobilization campaign, in Sanaa, Yemen, 18 December 2024. EPA/YAHYA ARHAB
Houthi fighters take part in a parade during a mobilization campaign, in Sanaa, Yemen, 18 December 2024. EPA/YAHYA ARHAB
TT

US Imposes Sanctions on Iran and Houthi-related Targets

Houthi fighters take part in a parade during a mobilization campaign, in Sanaa, Yemen, 18 December 2024. EPA/YAHYA ARHAB
Houthi fighters take part in a parade during a mobilization campaign, in Sanaa, Yemen, 18 December 2024. EPA/YAHYA ARHAB

The United States on Thursday imposed sanctions on Iran and Houthi-related entities, according to the Treasury Department website which listed a number of individuals, companies and vessels that had been targeted.

The sanctions target three vessels involved in the trade of Iranian petroleum and petrochemicals, which generate billions of dollars for Iran's leaders, the Treasury said, supporting its nuclear program, development of ballistic missiles and financing of proxies including Lebanon’s Hezbollah, Hamas in the Gaza Strip and the Houthis in Yemen.

“The United States is committed to targeting Iran’s key revenue streams that fund its destabilizing activities,” Bradley Smith, acting under secretary for terrorism and financial intelligence, said in a release. Smith said Iran relies on a shadowy network of vessels, companies, and facilitators for those activities.

The vessels targeted were the Djibouti-flagged crude oil tanker MS ENOLA, owned by Journey Investment company, the San Marino-flagged MS ANGIA, and the Panama-flagged MS MELENIA. The last two tankers are managed and operated by Liberia- and Greece-registered Rose Shipping Limited, Treasury said.

The Treasury also sanctioned a dozen individuals, including the head of the Houthi-aligned Central Bank of Yemen branch in Sanaa, for their roles in trafficking arms, laundering money, and shipping illicit Iranian petroleum for the benefit of the Houthi militias.

It said that among the persons designated are key smuggling operatives, arms traffickers, and shipping and financial facilitators who have enabled the Houthis to acquire and transport an array of dual-use and weapons components, as well as generate revenue to support their destabilizing regional activities.

The sanctions block all property and interests in the United States of the designated parties and US persons and entities dealing with them could be exposed to sanctions or enforcement actions including fines.