Sudden Obstacles Hinder Formation of New Lebanese Govt

Prime Minister-designate Nawaf Salam. (Reuters)
Prime Minister-designate Nawaf Salam. (Reuters)
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Sudden Obstacles Hinder Formation of New Lebanese Govt

Prime Minister-designate Nawaf Salam. (Reuters)
Prime Minister-designate Nawaf Salam. (Reuters)

Government formation efforts in Lebanon have hit a sudden snag over internal and foreign objections to the candidacy of former minister Yassine Jaber for the position of finance minister.

The Shiite duo of Hezbollah and the Amal movement continue to insist on holding on to the portfolio. Amal movement leader and Speaker Nabih Berri has been insisting on Jaber’s nomination.

Informed sources told Asharq Al-Awsat that there are internal and foreign objections to Jaber’s appointment to the post.

“The Americans do not trust him,” they added.

The Lebanese Forces, meanwhile, said it would not deliver the names of the ministers who will represent it in cabinet if the Shiite duo continues to be unyielding in its stance.

Addressing the government formation efforts, Prime Minister-designate Nawaf Salam reiterated that he continues to adhere to the “principles and standards” that he had repeatedly underlined and that finance portfolio cannot be monopolized by any single sect.

He stressed that he is continuing his efforts to form a government that meets the aspirations of the Lebanese people and that will carry out reforms.

In a post on the X platform, he refuted media reports about the formation process, saying “rumors and speculation are aimed at creating confusion.”

Lebanon had been expecting a swift government formation process in wake of reports that said obstacles had been overcome.

Member of the National Moderation bloc MP Walid al-Baarini criticized the delay in the formation, saying: “We have had enough. We have kept silent for days and given the PM-designate the chance to complete his consultations.”

“But to give those who have repeatedly resorted to intimidation (...), while we, as representatives of Akkar, Tripoli, Miniyeh and Danniyeh, and the North, are ignored, then this is too much to bear and a violation of all red lines,” he declared.

He called on President Joseph Aoun to intervene to “correct course, otherwise face a revolt against attempts to marginalize us.”



Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
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Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo

Syria will start swapping old banknotes for new ones under a ​plan to replace Assad-era notes starting from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday.

Husrieh announced the introduction of the new Syrian currency, saying the decree "sets January ‌1, 2026, ‌as the start date ‌for ⁠the ​exchange ‌process". Sources familiar with the matter told Reuters in August that the country will issue new banknotes, removing two zeros from its currency in an attempt to restore ⁠public confidence in the severely devalued pound.

The ‌step is intended ‍to strengthen ‍the Syrian pound after its purchasing ‍power collapsed to record lows following a 14-year conflict that ended with President Bashar al-Assad's ouster in December.

Husrieh ​said the operation will take place through a smooth and orderly ⁠swap - a move bankers hope will ease fears that the new currency could fuel inflation and further erode the purchasing power of Syrians already reeling from high prices.

He added that a press conference will soon outline the exact regulations and mechanisms.


Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
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Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)

The technical analysis of the recovered black boxes from a jet crash that killed eight people, including western Libya’s military chief, began as the investigation proceeded in cooperation with Libyan authorities, the Turkish Ministry of Defense said Thursday.

The private jet with Gen. Muhammad Ali Ahmad al-Haddad, four other military officials and three crew members crashed on Tuesday after taking off from Türkiye’s capital, Ankara, killing everyone on board. Libyan officials said the cause of the crash was a technical malfunction on the plane.

The high-level Libyan delegation was on its way back to Tripoli after holding defense talks in Ankara aimed at boosting military cooperation between the two countries.

The wreckage was scattered across an area covering 3 square kilometers (more than a square mile), complicating recovery efforts, according to the Turkish Interior Minister Ali Yerlikaya.

A 22-person delegation, including five family members, arrived from Libya early on Wednesday to assist in the investigation.


Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
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Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)

Lebanese President Joseph Aoun reiterated on Thursday that the country’s parliamentary elections are a constitutional obligation that must be carried out on time.

Lebanon’s state-run National News Agency quoted Aoun as saying that he, alongside Prime Minister Nawaf Salam and Parliament Speaker Nabih Berri, is determined to hold the elections on schedule.

Aoun also emphasized that diplomatic efforts have continued unabated to keep the specter of war at bay, noting that "things are heading in a positive direction".

The agency also cited Berri reaffirming that the elections will take place as planned, with "no delays, no extensions".

The Lebanese parliamentary elections are scheduled for May next year.