Daily Sabah (Turkey)

War, economic meltdown: Lebanon’s descent into turmoil

- BEIRUT / REUTERS

AS LEBANON holds an election on May 15 that could see a shift of power that sends shock waves far beyond this small country squeezed between Syria and Israel, here is a timeline of the nation’s recent history, from assassinat­ions and war to a devastatin­g explosion and economic meltdown.

Lebanon’s billionair­e former Prime Minister Rafik Hariri was killed in February 2005 when a huge bomb exploded as his motorcade was passing through Beirut; 21 others also died. Mass demonstrat­ions erupted, blaming the assassinat­ion on Syria, which had deployed troops during Lebanon’s 15-year civil war and kept them there after it ended in 1990. Shiite allies of Damascus staged their own big rallies in support of Syria, but internatio­nal pressure forced the troops to withdraw.

In July 2016, the armed Hezbollah movement crossed the border into Israel, kidnapped two Israeli soldiers and killed others, sparking a five-week war. At least 1,200 people in Lebanon and 158 Israelis were killed. And in November, Hezbollah and its allies resigned from the Cabinet led by Western-backed Prime Minister Fouad Siniora and organized street protests against it. Anti-Syria politician Pierre Gemayel was assassinat­ed in November.

In May 2018, the government outlawed Hezbollah’s telecom network. Hezbollah called the government’s move a declaratio­n of war and takes control of mainly Muslim west Beirut in retaliatio­n. After mediation, rival leaders signed a deal in Qatar to end 18 months of political conflict.

In October 2012, a car bomb killed senior security official Wissam al-Hassan, whose intelligen­ce service had arrested Michel Samaha, a pro-Syrian former minister charged with transporti­ng Syrian-assembled bombs to wage attacks in Lebanon.

In 2018, Lebanon held its first parliament­ary vote since 2009, after lawmakers repeatedly extended their four-year mandate, citing security concerns. Hezbollah and allied groups and individual­s won at least 69 of the 128 seats, consolidat­ing their hold over the legislativ­e branch.

Despite a stagnant economy and slowing capital inflows, the government failed to enact reforms that might unlock foreign support in 2019, including cutting the state wage and pension bill. Hariri

resigned on Oct. 29. The financial crisis accelerate­d. Depositors were frozen out of their savings amid a hard currency liquidity crunch and crashing currency.

In 2020, Hassan Diab, a little-known academic, became prime minister in January with backing from Hezbollah and its allies.

Lebanon defaulted on its sovereign debt in March, poverty rates soared. Talks with the Internatio­nal Monetary Fund floundered as the main parties and influentia­l banks resist a financial recovery plan. On Aug. 4, a vast quantity of ammonium nitrate exploded at Beirut port, killing more than 200 people, wounding 6,000 and devastatin­g swathes of Beirut.

The Diab Cabinet resigned and Hariri was designated to form a new government but the parties remained at odds over portfolios.

As the economic meltdown deepened in 2021, Hariri abandoned his effort to form a government and traded blame with President Michel Aoun for the failure.

In September, after more than a year of rows over cabinet posts, a new Cabinet was finally agreed led by Najib Mikati. Its work was quickly derailed by tensions over the investigat­ion into the Beirut port explosion. Hezbollah and its ally Amal demanded the removal of investigat­ing judge Tarek Bitar after he charged some of their allies.

Gulf states recalled their ambassador­s and Saudi Arabia banned all Lebanese imports in protest at comments by a proHezboll­ah minister criticizin­g Saudi Arabia over the war in Yemen.

In January 2022, the Lebanese pound fell to 34,000 against the dollar before being strengthen­ed by central bank interventi­on.

The World Bank blasted the ruling class for “orchestrat­ing” one of the world’s worst national economic depression­s due to their exploitati­ve grip on resources. In April, Lebanon reached a draft agreement with the IMF for a possible $3 billion in support, dependent on Beirut enacting long-delayed reforms.

The ambassador­s of Kuwait and Saudi Arabia returned. Saudi Arabia and France announced a joint 30 million euro ($32 million) fund to boost health and other services in Lebanon. Hariri announced he and his Future Movement will not run in a May parliament­ary election.

 ?? ?? A man walks past posters depicting Lebanon’s former Prime Minister Saad Hariri in this undated photo, Beirut, Lebanon.
A man walks past posters depicting Lebanon’s former Prime Minister Saad Hariri in this undated photo, Beirut, Lebanon.

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