Lebanese security forces, protesters clash ahead of vote
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
MONDAY, MAY 23, 2022
MONDAY, MAY 23, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Lebanese security forces, protesters clash ahead of vote

World+Biz

Reuters
11 February, 2020, 03:20 pm
Last modified: 11 February, 2020, 03:21 pm

Related News

  • Lebanon's Hezbollah, allies likely to lose parliamentary majority, sources say
  • At least one killed, 7 injured in explosion near Lebanon's Sidon
  • Lebanon's central bank not bankrupt, governor says
  • Meat off the menu in crisis-hit Lebanon as poverty bites
  • Lebanese parliament to debate capital control law

Lebanese security forces, protesters clash ahead of vote

Protesters lobbed rocks at security forces deployed at several locations around the city center

Reuters
11 February, 2020, 03:20 pm
Last modified: 11 February, 2020, 03:21 pm
A protestor throws back a tear gas canister during a protest seeking to prevent MPs and government officials from reaching the parliament for a vote of confidence, in Beirut, Lebanon February 11, 2020. REUTERS/Aziz Taher
A protestor throws back a tear gas canister during a protest seeking to prevent MPs and government officials from reaching the parliament for a vote of confidence, in Beirut, Lebanon February 11, 2020. REUTERS/Aziz Taher

Lebanese security forces fired tear gas and water cannon at protesters trying to block MPs and ministers from reaching parliament on Tuesday for a vote of confidence in Prime Minister Hassan Diab's new cabinet.

MPs are set to vote on a government policy statement that says "painful steps" are needed to address a financial crisis which has led the currency to lose a third of its value and banks to severely curb access to deposits.

Seeking to thwart the vote, hundreds of protesters gathered from early in the morning in central Beirut where security forces blocked off all the roads leading to the barricaded parliament building.

Protesters lobbed rocks at security forces deployed at several locations around the city center.

One of the world's most heavily indebted states, Lebanon is facing a crisis rooted in decades of state waste and corruption.

The crisis came to a head last year as slowing flows of capital from abroad led to a hard currency crunch and protests erupted against the ruling elite.

Parliament Speaker Nabih Berri has said Lebanon should seek IMF technical help and take a decision on whether to pay maturing foreign debt next month based on IMF advice, an-Nahar newspaper and a government source said on Tuesday.

Lebanon could not, however, surrender itself to the IMF because the nation could not bear its conditions, he said.

Berri is one of the most influential figures in the country and his Amal Movement named a number of ministers in the Diab-led cabinet which took office last month, including the minister of finance.

Berri said Lebanon must take advantage of the time remaining before its next debt maturity on March 9 to send a message abroad, "specifically to the Americans" that the country needs IMF technical help through a rescue plan.

"There is still room for Lebanon during the coming two weeks and before the end of the current month to benefit from this measure," Berri was quoted as saying.

Based on this, "Lebanon will be able to form its position on the maturing Eurobonds - whether to pay its commitments or not to pay them - based on what the IMF advises."

But Berri also said the Lebanese people would be unable to bear IMF conditions, saying Lebanon was not Greece or Argentina - countries that have experienced their own financial crises.

Lebanon

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BPC hunts for dollar to import fuel oil
    BPC hunts for dollar to import fuel oil
  • Representational Image. Photo: Mumit M/TBS
    Govt to list products to suspend imports amid dollar crisis
  • Infographic: TBS
    With 2 months left, 45% ADP fund still unspent 

MOST VIEWED

  • Members of Iran's Revolutionary Guards march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2010. REUTERS/Morteza Nikoubazl/File Photo
    Iran's Revolutionary Guards say colonel assassinated in Tehran
  • Austrian President Alexander Van der Bellen looks on during a joint news conference with United Nations Secretary-General Antonio Guterres (not seen) in Vienna, Austria May 11, 2022. REUTERS/Lisa Leutner
    Austrian president announces he is seeking re-election
  • People walk past the congress center, the venue of the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland on 22 May, 2022. Photo: Reuters
    Ukraine comes to Davos in first spring gathering of business leaders
  • Islamic Revolutionary Guard Corps (IRGC)/ Tehran Times
    Members of Israeli intelligence network discovered and arrested in Iran
  • Photo: Onu Tareq
    10-year-old Indian girl climbs Everest base camp
  • US President Joe Biden discusses the United States' response to Russian invasion of Ukraine and warns CEOs about potential cyber attacks from Russia at Business Roundtable's CEO Quarterly Meeting in Washington, DC, US on 21 March. Photo: Reuters
    Biden warns of potentially 'consequential' monkeypox spread

Related News

  • Lebanon's Hezbollah, allies likely to lose parliamentary majority, sources say
  • At least one killed, 7 injured in explosion near Lebanon's Sidon
  • Lebanon's central bank not bankrupt, governor says
  • Meat off the menu in crisis-hit Lebanon as poverty bites
  • Lebanese parliament to debate capital control law

Features

Why everybody wants to be like TikTok

Why everybody wants to be like TikTok

15h | Panorama
Illustration: TBS

How the ban on porn sites spawned a local cybersex industry

18h | Panorama
3 best affordable sunscreens for all

3 best affordable sunscreens for all

18h | Mode
Warah uses three types of khadi material: a sheer and light one, a medium count and a thicker one.

Warah: Embroidered with culture and womanhood

20h | Mode

More Videos from TBS

Investors, public to suffer from electricity price hike

Investors, public to suffer from electricity price hike

7h | Videos
Health benefits of summer fruits

Health benefits of summer fruits

8h | Videos
The way Bangladesh saves almost extinct fish

The way Bangladesh saves almost extinct fish

9h | Videos
Padma’s Char now largest grazing-ground

Padma’s Char now largest grazing-ground

9h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

4
Bangladesh at risk of losing ownership of Banglar Samriddhi
Bangladesh

Bangladesh at risk of losing ownership of Banglar Samriddhi

5
BSEC launches probe against Abul Khayer Hero and allies
Stocks

BSEC launches probe against Abul Khayer Hero and allies

6
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab