While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform
Lebanon's cash economy and money laundering have come under increased scrutiny. The banking sector is under intense pressure to comply or face serious consequences.
Ageing structures, war, the port explosion, and severe weather are all factors that contributed to building decay in Lebanon. But there is no plan for alternative housing should a perfect storm hit.
A new draft law designed to help reform banking in Lebanon and address distrust in the sector is full of loopholes—handy for those who might benefit. Meanwhile, the conflicts of interest remain.
When France set up a meeting to boost Lebanon's state military, it seemed so easy and clear. If only. Alas, very few things are easy and clear in Lebanon and the Middle East.
The long-term damage to hundreds of hectares in recent weeks equates to 'environmental genocide' for some. For the people of south Lebanon, it is about much more than just soil and trees.
Non-state actors play an outsized role in the region's conflicts and wars. Hezbollah is a prime example of how these actors have blurred the lines between militancy and national governance.
Netanyahu did not realise his goal of ending Iran's nuclear programme and regime change, and Iran stood alone in its war with Israel, as global and regional allies left it to fend for itself
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone