Lebanon cannot rely solely on the “remarkable resilience” of its people and must address corruption, institutional failure and political paralysis, Prime Minister Nawaf Salam said on Tuesday at a conference in Beirut.
The reformist leader said Lebanon must transition to a state that inspires confidence in its citizens as well as investors. He criticised historic corruption, nepotism and “gross mismanagement” that he blamed for the virtual collapse of the country, and pledged to build “Lebanon 3.0".
At an event in downtown Beirut organised by the Chartered Institute of Arbitrators, Mr Salam said the resilience of citizens could not be a substitute for a responsible state.
The word “resilience” has been repeatedly bandied around in Lebanon as a compliment and a damning sign of hardships afflicting the country, but Mr Salam said “no society can rely indefinitely on the strength of its people to compensate for institutional failure”.
“It's time for Lebanon to transition from survival through personal resilience, to progress through collective strength … grounded in the rule of law, modern institutions, sustainable economic policies and full respect for national sovereignty,” he said.
Mr Salam, a former head judge of the International Court of Justice, came to power this year following the election of President Joseph Aoun in January.
Mr Salam has pursued a break from the past and created a reformist government made up of ministers who were not members of Lebanon's political parties – even if they were nominated by them.
Coming in the wake of Israel's brutal war on Lebanon, years of economic crises and ineffective governance, many Lebanese hold high hopes that the country's new leaders can bring about a new dawn in national development.
Diplomats and humanitarian officials have generally praised practical steps taken by the government so far against the formidable tasks ahead. But with parliamentary elections set for next year, its mandate may be short.
In his speech, Mr Salam criticised what he called a culture of impunity and said the deadly 2020 Beirut port explosion was a “powerful symbol” of the urgent need for accountability.
The blast killed more than 200 people and was one of the most powerful non-nuclear explosions ever recorded.
Mr Salam said his government was working hard to bring about “Lebanon 3.0" through its reforms.
If Lebanon 1.0 was characterised by the post-independence period, and 2.0 the aftermath of the 1975-1990 civil war, 3.0 “must be defined by the creation of a stable and lasting framework that inspires trust among citizens and investors, empowers all citizens to live with dignity and security, draws strength from our diversity and ensures economic opportunity”, he said.
Mr Salam said his government was making meaningful progress, pointing to the recent passing of a banking secrecy law that marked a “decisive shift away from outdated practices”.
He also insisted the state must have a monopoly over arms and on its own “decide matters of war and peace” – one of the most divisive issues in Lebanese political discourse.
There is pressure from both abroad and at home for Hezbollah, the Lebanese armed group and political party, to be disarmed following its devastating war with Israel last year. While battered and bruised from the conflict, Hezbollah remains a potent force.
Israel also continues to bomb southern Lebanon daily and occupy positions on Lebanese territory, demanding that Hezbollah be fully stripped of its weapons.
The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
The biog
Name: Abeer Al Bah
Born: 1972
Husband: Emirati lawyer Salem Bin Sahoo, since 1992
Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old
Education: BA in Elementary Education, worked for five years in a Dubai school
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Greatest Royal Rumble match listing
50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias
Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match
WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura
Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe
United States Championship Jeff Hardy (champion) v Jinder Mahal
SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos
Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt
Casket match The Undertaker v Rusev
Singles match John Cena v Triple H
Cruiserweight Championship Cedric Alexander v Kalisto
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THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
THE SPECS
GMC Sierra Denali 1500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp
Torque: 623Nm
Price: Dh232,500
Killing of Qassem Suleimani
GROUPS AND FIXTURES
Group A
UAE, Italy, Japan, Spain
Group B
Egypt, Iran, Mexico, Russia
Tuesday
4.15pm: Italy v Japan
5.30pm: Spain v UAE
6.45pm: Egypt v Russia
8pm: Iran v Mexico
The biog
Name: Atheja Ali Busaibah
Date of birth: 15 November, 1951
Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”
Hobbies: Reading and writing poetry
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
Look north
BBC business reporters, like a new raft of government officials, are being removed from the national and international hub of London and surely the quality of their work must suffer.
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Schedule for Asia Cup
Sept 15: Bangladesh v Sri Lanka (Dubai)
Sept 16: Pakistan v Qualifier (Dubai)
Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)
Sept 18: India v Qualifier (Dubai)
Sept 19: India v Pakistan (Dubai)
Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four
Sept 21: Group A Winner v Group B Runner-up (Dubai)
Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)
Sept 23: Group A Winner v Group A Runner-up (Dubai)
Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)
Sept 25: Group A Winner v Group B Winner (Dubai)
Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)
Sept 28: Final (Dubai)
How Alia's experiment will help humans get to Mars
Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.
Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.
After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.
Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.
It also means that the first DNA experiments using human genomes can now be carried out on the ISS.
The Laughing Apple
Yusuf/Cat Stevens
(Verve Decca Crossover)
The years Ramadan fell in May
The Vines - In Miracle Land
Two stars
SERIES SCHEDULE
First Test, Galle International Stadium
July 26-30
Second Test, Sinhalese Sports Club Ground
August 3-7
Third Test, Pallekele International Cricket Stadium
August 12-16
First ODI, Rangiri Dambulla International Stadium
August 20
Second ODI, Pallekele International Cricket Stadium
August 24
Third ODI, Pallekele International Cricket Stadium
August 27
Fourth ODI, R Premadasa Stadium
August 31
Fifth ODI, R Premadasa Stadium
September 3
T20, R Premadasa Stadium
September 6
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The%20end%20of%20Summer
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