Lebanese cental bank chief Salameh says he will not seek new term

Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon. (Reuters)
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Updated 11 February 2023
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Lebanese cental bank chief Salameh says he will not seek new term

  • Lebanese political sources say that there is not yet consensus around a replacement to Salameh

BEIRUT: Lebanon’s veteran central bank chief Riad Salameh said he would not seek a new term in office once his latest six-year stint at the head of the Banque du Liban ends.
“My decision is that, at the end of the term, it will be a page I turned in my life and I will move to work outside the central bank,” Salameh told Saudi Arabia-based Asharq News.
Salameh’s term is set to end in July.
Lebanese political sources say that there is not yet consensus around a replacement to Salameh, who has held his post for three-decades and retains the support of some of Lebanon’s most powerful politicians, including House Speaker Nabih Berri.


Trump, Erdogan discuss Syria and Gaza in call

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Trump, Erdogan discuss Syria and Gaza in call

WASHINGTON/ ANKARA: Turkish President Tayyip Erdogan discussed ​developments in Syria and Gaza with US counterpart Donald Trump in a telephone call on Tuesday as Syria’s Turkiye-backed government announced a ceasefire with US-allied Kurdish forces after days of clashes.
Turkiye separately weighed if Erdogan should join the US leader’s “Board of Peace” initiative.
“President Erdogan stated that Turkiye was closely following developments in Syria, that Syria’s unity, harmony and territorial integrity were important for Turkiye,” the Turkish presidency said in a statement.
Earlier Trump said he had a “very good call” with Erdogan, without elaborating.
Syria’s government seized swathes of territory in the northeast this ‌week, and ‌gave the Kurdish-led Syrian Democratic Forces four days to agree ‌on ⁠integrating ​into the ‌central state.
The SDF’s main ally, the United States, said the partnership with the group had changed nature after Syria’s new government emerged.
The Turkish presidency added that Erdogan and Trump also discussed the fight against the Islamic State militant group and the “situation” of its prisoners in Syrian jails.
Turkiye deems the SDF a terrorist organization linked with the outlawed Kurdistan Workers Party (PKK), which has mounted a four-decade insurgency against the Turkish state.
In its peace process with the PKK, Ankara has called ⁠for the group and its affilites to disband and disarm.
Ankara, the main foreign backer of Syria’s new government, has praised ‌Damascus’ advances against the SDF and repeatedly called for it ‍to integrate with the Syrian state apparatus.

ERDOGAN ‍THANKS TRUMP FOR ‘BOARD OF PEACE’ INVITE
Erdogan told Trump Turkiye would continue to coordinate ‍with Washington on Gaza, the Turkish presidency said.
“President Erdogan thanked US President Trump for the invitation to the Gaza Board of Peace,” it added.
A UN Security Council resolution, adopted in mid-November, authorized the “Board of Peace” and countries working with it to establish an international stabilization force in Gaza.
In October, a ​fragile ceasefire began in Gaza under a Trump plan on which Israel and Palestinian militant group Hamas had signed off.
Earlier on Tuesday, Turkiye said Erdogan ⁠would decide soon on joining the initiative. Turkiye has been critical of Israel’s assault on Gaza, casting it as genocide, while Israel has repeatedly opposed a Turkish role in Gaza.
More than 460 Palestinians, more than 100 of them children, and three Israeli soldiers have been reported killed since the Gaza truce began.
Under Trump’s Gaza plan, the board was meant to supervise Gaza’s temporary governance. Later Trump said it would be expanded to tackle conflicts around the world.
Many rights experts say that Trump’s chairing of a board to supervise a foreign territory’s affairs would resemble a colonial structure.
Diplomats fear such a board for global issues could harm the work of the United Nations.
Among those the White House has named to the board are Secretary of State Marco Rubio, ‌Britain’s former Prime Minister Tony Blair, and Trump’s son-in-law, Jared Kushner.