Lebanese President Balks at March Polls amid Economic Meltdown

Lebanon's President Michel Aoun. (AP file photo)
Lebanon's President Michel Aoun. (AP file photo)
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Lebanese President Balks at March Polls amid Economic Meltdown

Lebanon's President Michel Aoun. (AP file photo)
Lebanon's President Michel Aoun. (AP file photo)

Lebanese President Michel Aoun said on Friday he would not sign any authorization for legislative elections to take place in March, adding to doubts about when the vote can be held amid economic and political meltdown.

Aoun told the Al Akhbar newspaper the early date for elections, approved by parliament in October, would deprive thousands of voters from reaching the voting age of 21.

Snowy weather in March would also mean voters could face difficulties reaching polling stations through blocked mountain roads, he said.

The planned March 27 election date would give Prime Minister Najib Mikati's government even less time to try to secure an IMF recovery plan.

"I will not agree to legislative elections except on one of two dates, May 8 or May 15," Aoun was quoted as saying by the paper.

Aoun had previously refused to sign a law passed by parliament bringing forward the election to March and sent it back to the legislature, which once again adopted it.

Gebran Bassil, the leader of Aoun's Free Patriotic Movement (FPM) and his son-in-law, withdrew with his parliamentary bloc from that parliamentary session in October when the date was approved again.

The FPM this week presented a legal complaint to the constitutional council disputing the date of the election and the proposed election law.

Lebanon's financial crisis, which the World Bank labeled one of the deepest depressions of modern history, has been compounded by political deadlock and a row over the probe into last year's Beirut port blast that killed more than 200 people.

The currency has lost 90% of its value and three-quarters of the population have been propelled into poverty. Shortages of basic goods such as fuel and medicines have made daily life a struggle.



France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
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France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)

France said on Thursday that it was not aware of any official measures imposed by Algeria on its imports and exports, but would keep a close eye on the situation as diplomatic sources suggested Algiers may be preparing trade restrictions.
Ties between Paris and Algiers have worsened in recent weeks since France recognized Morocco's sovereignty over the disputed territory of Western Sahara, which Morocco wants the international community to recognize as Moroccan, Reuters said.
The decision angered Algiers, which backs the Polisario Front that is seeking an independent state.
"We have not been made aware of such measures, but we are closely watching the situation for our companies in Algeria," France's foreign ministry spokesman Christophe Lemoine told reporters at a weekly news conference.
The office of Algerian Prime Minister Nadir Larbaoui issued a statement denying the contents of a post on X by France's former ambassador Xavier Driencourt which shows a screenshot of a document that appears to outline restrictions on imports and exports. Reuters was not able to authenticate the document and Driencourt did not respond to a request for comment.
"Following the false allegations promoted by the former French ambassador to Algeria ... regarding the alleged restrictive measures on foreign trade, the press office of the Prime Minister would like to categorically deny this information which is completely unfounded," it said in a statement.
According to three diplomats, there has been a concerted effort in recent months by Algeria to toughen the business environment for French firms, including wheat exporters.
The diplomats said there had been some signals in recent days that Algiers may look to specifically target French imports and exports, although there had been no official confirmation at this stage.
Algerian officials did not respond to Reuters' requests for comments.
BANKING SPAT
In 2022, Algeria's banking association ordered the end of payments to and from Spain after an official trade ministry directive, although it exempted key gas exports.
That rift, which has since calmed, was also over Madrid's stance on Western Sahara.
French daily newspaper Le Figaro newspaper reported on Thursday that the banking association in the North African country had met banks on Nov 4. and informed them of a potential measure.
Two diplomats told Reuters they were aware of that meeting, but cautioned that the association could not take such a decision unilaterally.
Several French companies operating in Algeria contacted by Reuters said they had not received any new directives and French officials said at this stage no companies had approached them with any specific difficulties.
Grain traders have reported that Algeria overlooked France in wheat tenders last month due to the diplomatic tensions, though Algerian state grains agency OAIC said it treated all suppliers fairly and applied technical requirements to cover its import needs.
The reported trade obstacles echo a diplomatic dispute three years ago that led to France being sidelined from its former colony's wheat tenders for months. Trade between the two countries grew more than 5% in 2023 with hydrocarbon exports from Algeria to France increasing about 15%, although imports to Algeria from France dropped 0.5%, according to the French finance ministry.