Lebanon: Independent, 'Dissident' MPs Seek to Form Opposition Front

A demonstrator rests on the ground as he and other demonstrators block a highway during ongoing anti-government protests in downtown Beirut, Lebanon, October 23, 2019. REUTERS/Alkis Konstantinidis
A demonstrator rests on the ground as he and other demonstrators block a highway during ongoing anti-government protests in downtown Beirut, Lebanon, October 23, 2019. REUTERS/Alkis Konstantinidis
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Lebanon: Independent, 'Dissident' MPs Seek to Form Opposition Front

A demonstrator rests on the ground as he and other demonstrators block a highway during ongoing anti-government protests in downtown Beirut, Lebanon, October 23, 2019. REUTERS/Alkis Konstantinidis
A demonstrator rests on the ground as he and other demonstrators block a highway during ongoing anti-government protests in downtown Beirut, Lebanon, October 23, 2019. REUTERS/Alkis Konstantinidis

A number of Lebanese independent deputies and others, who withdrew from parliamentary blocs they had joined after the recent elections, are seeking to form a unified opposition entity in order to support civil society movements through the parliament.

MP Neemat Frem revealed ongoing talks between a number of deputies to establish a unified opposition, pointing that some MPs could leave their blocs.

In the wake of the massive protests that started on October 17, Frem decided to withdraw from the Strong Lebanon parliamentary bloc, which is headed by MP Gebran Bassil, President Michel Aoun’s son-in-law.

MP Paula Yacoubian, for her part, emphasized that talks were underway with deputies “who actually embraced the demands of the revolution, and not within the framework of folklore and slogans, to try to form an opposition parliamentary front.”

“Our aim is to strengthen and expand the opposition so that its voice can be heard and it can assume its role in promoting real reform and change,” she told Asharq Al-Awsat.

Kataeb MP Elias Hankash noted that the opposition front was yet to be crystallized, adding that communication was underway between independent deputies to study the possibility of forming such a front under the current circumstances.

“This is why we are calling for early parliamentary elections to increase the number of independent deputies, in order to extend the front that we aspire to form,” he said in remarks to Asharq Al-Awsat.

MP Shamel Roukoz, the other son-in-law of Aoun, is actively working within an opposition front composed of retired officers.

Sources close to Roukoz said that the deputy was seeking to expand the “national rescue movement” to all Lebanese areas.

“The movement is operating under the slogans of revolution, and it aims to build a state of law and institutions,” the sources noted.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


PSG’s Mental Strength Hailed as they Come from Behind to Win at Monaco

Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
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PSG’s Mental Strength Hailed as they Come from Behind to Win at Monaco

Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz
Soccer Football - UEFA Champions League - Play Off - First Leg - AS Monaco v Paris St Germain - Stade Louis II, Monaco - February 17, 2026 Paris St Germain coach Luis Enrique reacts REUTERS/Manon Cruz

Paris Saint-Germain coach Luis ‌Enrique hailed the mental strength of his side in coming from two goals down to win 3-2 away at Monaco in the Champions League on Tuesday, but warned the knockout round tie was far from finished.

The first leg clash between the two Ligue 1 clubs saw Folarin Balogun score twice for the hosts in the opening 18 minutes before Vitinha had his penalty saved to compound matters.

But after Desire Doue came on for injured Ousmane Dembele, the ‌match turned ‌and defending champions PSG went on to ‌secure ⁠a one-goal advantage ⁠for the return leg.

"Normally, when a team starts a match like that, the most likely outcome is a loss,” Reuters quoted Luis Enrique as saying.

“It was catastrophic. It's impossible to start a match like that. The first two times they overcame our pressure and entered our half, they scored. They ⁠made some very good plays.

“After that, it's difficult ‌to have confidence, but we ‌showed our mental strength. Plus, we missed a penalty, so ‌it was a chance to regain confidence. In the ‌last six times we've played here, this is only the second time we've won, which shows how difficult it is.”

The 20-year-old Doue scored twice and provided a third for Achraf Hakimi, just ‌days after he had turned in a poor performance against Stade Rennais last Friday ⁠and was ⁠dropped for the Monaco clash.

“I'm happy for him because this past week, everyone criticized and tore Doue apart, but he was sensational, he showed his character. He helped the team at the best possible time.”

Dembele’s injury would be assessed, the coach added. “He took a knock in the first 15 minutes, then he couldn't run.”

The return leg at the Parc des Princes will be next Wednesday. “Considering how the match started, I'm happy with the result. But the match in Paris will be difficult, it will be a different story,” Luis Enrique warned.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.