Lebanese president leaves office amid steep financial crisis

Xinhua News Agency

BEIRUT — Lebanese President Michel Aoun on Sunday departed the presidential palace a day before the end of his term, leaving the country in a presidential vacuum amid a steep financial crisis.

Hundreds of supporters gathered at Baabda Palace to bid farewell to Aoun by chanting slogans and carrying portraits of the president.

Aoun departed the palace despite the failure of political parties to reach a consensus on the appointment of a new president for the republic.

A caretaker cabinet currently governs Lebanon as Prime Minister Najib Mikati failed to form a government for the past six months.

Lebanon needs a new president who can negotiate with parliament members on appointing a new prime minister to form a cabinet capable of implementing necessary reforms to save the country from its multiple crises.

Lebanon has been suffering from a protracted financial crisis amid ongoing political uncertainties. – gb

Popular

PBBM: PH won’t abandon national dignity, sovereignty

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Tuesday said the Philippines will continue to seek peace but will...

PBBM summons Chinese envoy after Ayungin Shoal incident

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Tuesday summoned Chinese Ambassador to the Philippines Jing Quan to Malacañan...

Impeachment Trial Day 8: NBI chief Matibag presents add’l evidence in support of Article IV

By Brian Campued and Dean Aubrey Caratiquet On Monday, the House prosecution and defense panels answered questions from senator-judges as they issued oral arguments for...

PBBM inspects modernized Lucena Port passenger terminal

By Brian Campued As part of the administration’s continuing commitment to modernizing ports across the country, President Ferdinand R. Marcos Jr. inspected the new passenger...