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Monday, 26 July 2021

For the third time in a year, Lebanon is trying to form a government

Lebanese Sunni tycoon Najib Mikati could be nominated as the country’s next prime minister-designate after securing the backing of a number of former Lebanese PMs. This comes a week after Saad Hariri resigned from his post after being unable to agree on a cabinet with Christian president and Hezbollah ally Michel Aoun. Hariri, as well as ex-PMs Fouad Siniora and Tammam Salam, have given their support to Mikati a day before Aoun and MPs meet to try and agree on a new PM-designate. (Bloomberg)

China has imposed counter-sanctions on seven US officials and organizations including former US commerce secretary Wilbur Ross in response to a similar move by the Biden administration against Chinese officials as well as its warning to US companies about doing business in Hong Kong. (Bloomberg | FT)

Israel has launched two direct flights to Morocco to boost tourism, trade and economic cooperation in the latest step following the normalization of relations that took place in late 2020. (Associated Press)

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