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Iranian state media: The fourth round of nuclear talks between Tehran and Washington has kicked off in Oman
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Al Mayadeen's envoy: The process of uranium enrichment is the main obstacle in the talks
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Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: Iran is ready to reassure all parties that its nuclear program will remain peaceful
Araghchi: Iran's position on its right to a nuclear program is firm, but we are ready for greater transparency and hope that the other side's approach will be clear
Araghchi: Uranium enrichment is a valuable achievement for the Iranian people and is non-negotiable
Araghchi: Iran's nuclear program is legitimate and legal, and all our activities are peaceful and have been and will remain under the supervision of the International Atomic Energy Agency
Araghchi: Unlike the opposing side, Iran's positions are clear and proceeding steadily

Lebanon speaker announces session to elect new president

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Sep 2022 17:06
2 Min Read

This will be the first attempt by lawmakers to elect a new head of state to succeed President Michel Aoun.

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  • Lebanese Parliament Speaker Nabih Berri.
    Lebanese Parliament Speaker Nabih Berri

Lebanon's parliamentary speaker Nabih Berri called on Tuesday for parliament to meet this week to elect a president, replacing Michel Aoun, whose term expires at the end of October.

"Berri called for a session to be held at 11:00 am (8:00 GMT) on Thursday, September 29, 2022, in order to elect a president," a statement from his office said.

The session marks the first attempt by lawmakers to elect a new head of state, while the country is in the grips of a financial crisis, described by the World Bank as one of the worst.

However, it comes amid a months-long political deadlock that has prevented the formation of a new government since the outgoing one's mandate expired in May.

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With no sign of compromise among Lebanon's bitterly divided politicians, it may take several sessions of parliament to name a president.

Before President Aoun was elected in 2016, the position had been vacant for more than two years.

However, with more than 80% of the population living in poverty and the currency losing more than 95% of its value against the US dollar since 2019, Lebanon cannot afford any delays.

Read next: US urges swift formation of Lebanon government

The 2022 budget was approved by the Lebanese parliament yesterday, but it fell short of the economic reforms needed to open the door for an IMF agreement since the exchange rate used to calculate customs tax receipts is far lower than the market value of the Lebanese pound.

An agreement with the lender of last resort is viewed as the first and most important move Lebanon must take to start recovering from a three-year financial collapse that has left the majority of the population in poverty and that has thrown the nation into its worst crisis since the 1975–1990 Civil War.

  • Michel Aoun
  • Nabih Berri
  • Lebanon

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