Tuesday, October 29, 2019

Lebanon’s prime minister resigns after weeks of protests


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https://www.ft.com/content/67978e32-fa55-11e9-98fd-4d6c20050229?fbclid=IwAR3xZxtGD4NjdGWTs0u0D_OykCdWI154Un_EhUR9RIASDrnZRAAVq1p2Euk

Saad al-Hariri, Lebanon’s prime minister, has caved in to the demands of protesters after almost two weeks of nationwide demonstrations by announcing his resignation. Mr Hariri on Tuesday said he had “reached a dead end” on finding a way forward, suggesting he had been unable to reach a compromise deal with partners in Lebanon’s power-sharing government to address the demands of protesters angry about economic decline and government corruption. His resignation throws heavily indebted Lebanon deeper into uncertainty as the country is gripped by a wave of popular anger unleashed by now-revoked plans to impose a tax on WhatsApp calls. Mr Hariri is likely to remain as the caretaker prime minister, but analysts said it was difficult to see a way forward until a government could be formed that was capable of addressing protesters’ demands and the economic crisis. In the past it has taken months, sometimes years, to agree on a new government.


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