AGP Executive Report
Last update: 4 hours agoLebanon Banking Reform: Lebanon’s Parliament approved amendments to the bank restructuring law, a move that could reshape how banks unwind losses and liabilities. BDL Accountability: Former Banque du Liban governor Riad Salameh appeared before a Beirut investigating judge as the case over alleged shell companies, misappropriation and money laundering continues. EU Media Oversight: The EU welcomed Lebanon’s adoption of a long-awaited media law aimed at strengthening press freedom, decriminalizing some publication-related offences, and improving transparency on media ownership and funding. Security & Trade Risks: Fresh attacks on shipping tied to the Iran war kept pressure on global oil flows and prices, with the Strait of Hormuz still effectively closed unless U.S. conditions are met. Regional Litigation: Lebanese Americans in Michigan filed a lawsuit seeking to halt U.S. transfers of military equipment to Israel, arguing it fuels rights violations including in Lebanon. Anti-Smuggling Crackdown: Lebanon’s army seized about 1.2 million captagon pills being packed for smuggling abroad, underscoring the drug trade’s role in regional financing. Diplomacy & Staffing: The U.S. is preparing for a prolonged period of reduced embassy staffing in the Middle East as the Iran conflict drags on.
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