US Official: Lebanon Has 'No Other Way Out' of Crisis than IMF Deal

Demonstrators carry banners during a protest organized by Depositors' Outcry, a group campaigning for angry depositors, near Lebanon's Central Bank building in Beirut, Lebanon October 5, 2022. REUTERS/Aziz Taher/File Photo
Demonstrators carry banners during a protest organized by Depositors' Outcry, a group campaigning for angry depositors, near Lebanon's Central Bank building in Beirut, Lebanon October 5, 2022. REUTERS/Aziz Taher/File Photo
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US Official: Lebanon Has 'No Other Way Out' of Crisis than IMF Deal

Demonstrators carry banners during a protest organized by Depositors' Outcry, a group campaigning for angry depositors, near Lebanon's Central Bank building in Beirut, Lebanon October 5, 2022. REUTERS/Aziz Taher/File Photo
Demonstrators carry banners during a protest organized by Depositors' Outcry, a group campaigning for angry depositors, near Lebanon's Central Bank building in Beirut, Lebanon October 5, 2022. REUTERS/Aziz Taher/File Photo

Lebanon has no alternative for economic recovery but to make progress on a deal with the International Monetary Fund, US Assistant Secretary of State for Near Eastern Affairs Barbara Leaf said in an online briefing on Thursday.

Leaf, who visited Lebanon and other countries in the region in recent weeks, said Lebanese leaders appeared to lack a "sense of urgency" to get their country out of a severe economic and political crisis.

The IMF warned last Thursday that Lebanon was in a very dangerous situation a year after it committed to reforms it has failed to implement.

IMF mission chief Ernesto Rigo told a news conference in Beirut that the authorities should accelerate the implementation of conditions set for a $3 billion bailout.

Lebanon signed a staff-level agreement with the IMF nearly one year ago but has not met the conditions to secure a full program, which is seen as crucial for its recovery from one of the world's worst financial crises.



Lebanon: Hezbollah Says it Launches First Drone Attack on Israel's Ashdod Naval Base

File photo: Members of Israeli security and emergency services deploy at the site of a shooting on the Yavne interchange, near the southern Israeli city of Ashdod on October 15, 2024. (Photo by Ahmad GHARABLI / AFP)
File photo: Members of Israeli security and emergency services deploy at the site of a shooting on the Yavne interchange, near the southern Israeli city of Ashdod on October 15, 2024. (Photo by Ahmad GHARABLI / AFP)
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Lebanon: Hezbollah Says it Launches First Drone Attack on Israel's Ashdod Naval Base

File photo: Members of Israeli security and emergency services deploy at the site of a shooting on the Yavne interchange, near the southern Israeli city of Ashdod on October 15, 2024. (Photo by Ahmad GHARABLI / AFP)
File photo: Members of Israeli security and emergency services deploy at the site of a shooting on the Yavne interchange, near the southern Israeli city of Ashdod on October 15, 2024. (Photo by Ahmad GHARABLI / AFP)

Lebanon's Hezbollah has launched a drone attack on the Ashdod naval base in southern Israel for the first time, the Iran-backed group said on Sunday in a statement.
There was no immediate comment from the Israeli army on the attack.
On Saturday, Israeli airstrikes in central Beirut killed at least 20 people, as the once-rare attacks on the heart of Lebanon's capital continued without warning while diplomats scrambled to broker a cease-fire.
Lebanon's Health Ministry said 66 people were wounded in the strikes, which were the fourth in central Beirut in less than a week.
US envoy Amos Hochstein traveled to the region in pursuit of a deal to end months of fighting between Israel and Hezbollah that has erupted into full-on war.
Israeli attacks have killed more than 3,500 people in Lebanon, according to Lebanon's Health Ministry. The fighting has displaced about 1.2 million people, or a quarter of Lebanon’s population.
Also Saturday, a drone strike killed two people and injured three in the southern Lebanese port city of Tyre. Other airstrikes killed eight people, including four children, in the eastern town of Shmustar, five others in the southern village of Roumin, and another five people in the northeastern village of Budai.