US hands Lebanon draft truce proposal – two political sources

A poster depicting late Hezbollah leader Hassan Nasrallah, Parliament Speaker Nabih Berri and the founder of the Shiite Amal movement Imam Musa Al-Sadr, is placed on the rubble of damaged building, in the aftermath of Israeli strikes on Beirut’s southern suburbs on Nov. 14, 2024. (Reuters)
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Updated 15 November 2024
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US hands Lebanon draft truce proposal – two political sources

  • The US has sought to broker a ceasefire that would end hostilities between its ally Israel and Hezbollah

BEIRUT: The US ambassador to Lebanon submitted a draft truce proposal to Lebanon’s speaker of parliament Nabih Berri on Thursday to halt fighting between armed group Hezbollah and Israel, two political sources told Reuters, without revealing details.
The US has sought to broker a ceasefire that would end hostilities between its ally Israel and Iran-backed Hezbollah, but efforts have yet to yield a result. Israel launched a stepped-up air and ground campaign in late September after cross-border clashes in parallel with the Gaza war.


Restoring economic growth in Lebanon will require comprehensive reforms, IMF says

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Restoring economic growth in Lebanon will require comprehensive reforms, IMF says

  • Kozack said the IMF ⁠remained in discussions with Lebanese authorities

WASHINGTON: Lebanon’s economy has shown resilience despite conflicts in the region, with tourism fueling a bit of a rebound, but restoring growth will require comprehensive ⁠reforms, the International ⁠Monetary Fund said on Thursday.
IMF spokeswoman Julie Kozack said the IMF ⁠remained in discussions with Lebanese authorities, following their request for an IMF-supported program in March 2025, including a staff mission to Beirut in early February.
Discussions ⁠were ⁠focused on two big issues, she said, citing the need for banking sector restructuring and a medium-term fiscal strategy.