organization:lebanese central bank

  • Moon of Alabama à propos de la démission de Saad Hariri (en gros : grosse destabilisation du Liban, qui échouera et finira par renforcer intérêts russes et iraniens) :
    http://www.moonofalabama.org/2017/11/lebanon-hariris-resignation-the-opening-shot-of-the-saudi-war-on-hizb

    The resignation of Hariri is intended to provoke a constitutional crisis in Lebanon and to prevent new parliament elections. The further Saudi plan is likely to evolve around these elements:

    – The Trump administration will announce new sanctions against Hizbullah and against Lebanon in general.
    – The Saudi government will slip some of its al-Qaeda/ISIS proxy fighters from Syria and Iraq into Lebanon (possibly via Turkey by sea). It will finance local Lebanese terror operations.
    – There will be new assassination attempts, terror attacks and general rioting by Sunni extremist elements against Christians and Shia in Lebanon.
    – The U.S. will try to press the Lebanese army into a war against Hizbullah.
    – Israel will try to provoke and divert Hizbullah’s attention by new shenanigans at the Lebanese and Syrian border. It will NOT start a war.

    The plan is unlikely to succeed:

    – The Lebanese people as a whole have no interest in a new civil war.
    – The Lebanese army will not get involved on any specific side but will try to keep everyone calm.
    – Sanctions against Hizbullah will hit all of Lebanon, including Sunni interests.
    – A new Sunni prime minister will be found and installed, replacing the resigned Saudi puppet.
    – Russian and Iranian economic interests will find a new market in Lebanon. Russian companies will engage in Lebanese gas and oil extraction in the Mediterranean and replace U.S. involvement.

    The miscalculated Saudi/U.S./Israeli plan against Hizbullah can be understood as a helpless tantrum after their defeat in Syria and Iraq.

    Je vois qu’il y a déjà une traduction en français :
    http://arretsurinfo.ch/liban-demission-dhariri-premiere-salve-de-la-guerre-saoudienne-contre-l

    • Hezbollah is Not a Threat to America | The American Conservative
      http://www.theamericanconservative.com/articles/hezbollah-is-not-a-threat-to-america

      Western-backed militants are in retreat, Bashar al-Assad remains president, Hezbollah has stretched its wings regionally, Israeli power is in decline, and Iran is on the rise. Not a pretty result for Washington’s multi-billion dollar investment in the Syrian conflict, especially if it was intended to change the map of the region to favor U.S. interests.

      The Trump administration is therefore moving to hit its regional adversaries on alternative, non-military fronts—mainly, employing the sanctions tool that can cripple economies, besiege communities, and stir up public discontent.

      The first step was to decertify the nuclear agreement struck between Iran and the five permanent members of the UN Security Council plus Germany (P5+1), which would open up a pathway to further U.S. sanctions against Iran.

      The second step is to resuscitate the Hezbollah “threat” and isolate the organization using legal maneuvers and financial sanctions—what one pro-U.S. Lebanese Central Bank official calls “the new tools of imperialism.”

      The U.S. listed Hezbollah as a “terrorist organization” 20 years ago this month. Most other states, as well as the United Nations Security Council, have not.

      Two weeks ago, at a State Department briefing on the Hezbollah “threat,” National Counterterrorism Center Director Nicholas J. Rasmussen tried to paint a picture of an organization that was directing “terrorism acts worldwide” and posing a threat “to U.S. interests” including “here in the homeland.”

      “Prior to September 11,” Rasmussen claimed, “I think everybody knows Hezbollah was responsible for the terrorism-related deaths of more U.S. citizens than any other foreign terrorist organization.”

  • New Texts Out Now: Reinoud Leenders, Spoils of Truce: Corruption and State-Building in Postwar Lebanon
    http://www.jadaliyya.com/pages/index/17427/new-texts-out-now_reinoud-leenders-spoils-of-truce

    The Lebanese Central Bank, for instance, presents a positive but relative exception to the failure of Lebanon’s state institutions to meet basic bureaucratic criteria. At the same time, the Central Bank managed to curb or prevent the corruption thriving elsewhere. I argued that following a short period wherein Lebanon’s political elites also eyed the Central Bank for their corrupt schemes, it managed to insulate itself from the otherwise incapacitating effects of the post-Ta’if political settlement. This was due to some unique circumstances that failed to emerge elsewhere. With the expansion of the market in treasury bills that financed Lebanon’s bulging public debt, political elites gained a positive and personal interest in upholding the Central Bank’s independence and institutional safeguards. This, I argued, can be explained by these elites’ own purchase of treasury bills, the vast returns involved, the critical role of the Central Bank in this context, and its reputation of integrity on which Lebanon’s debt market crucially relied. Ironically, therefore, Lebanon’s political elites were in strong agreement when it came to creating and sharing in Lebanon’s debt burden, but otherwise their fierce differences undermined virtually all state institutions, their policies, and their services.

    @nidal
    #Liban
    #corruption
    #reconstruction