Wednesday, May 13, 2020

Lebanese Zugzwang and Harlequin's Choice by Amir Taheri • May 10, 2020 at 4:00 It may be a cliché to suggest that Lebanon is meant to be a Middle Eastern Switzerland, just as Uruguay is a haven of peace in South America, Singapore in Asia and Austria in Central Europe. Whenever Lebanon played that role it thrived. Whenever it diverged from that role, or was pushed out of it by foreign powers, it suffered. To Ayatollah Ali Yunesi, an adviser to President Hassan Rouhani [of Iran], Beirut is one of four Arab capitals that "we now control." Lebanon's interests today do not coincide with those of Iran. Lebanon needs stability and peace to revive its economy by attracting foreign investment, reviving tourism and developing itself as a service-based hub for international trade and high-tech industries. In contrast, Iran, as a revisionist power seeking to reshape the Middle East if not the whole world, thrives on tension and conflict. One master wants Lebanon to be a beach, the other sees it as a bunker. In real life, as opposed to theater, at some point Harlequin must choose. As Lebanese protests continue, albeit with varying degrees of intensity, speculation over what has caused the current crisis is also rife. The list of woes that afflict Lebanon is long. Pictured: A protest against dwindling economic conditions in Lebanon, in the northern port city of Tripoli, on May 3, 2020. (Photo by Ibrahim Chalhoub/AFP via Getty Images) As Lebanese protests continue, albeit with varying degrees of intensity, speculation over what has caused the current crisis is also rife. The list of woes that afflict Lebanon is long. There is a banking crisis caused by a Ponzi-like scheme introduced by the Central Bank three years ago to attract foreign money. Recent falls in the price of oil have led to a sharp drop on remittances by Lebanese working in oil-rich countries but building their egg-nests back home. A bloated civil service, created by politicians trying to buy votes or curry favor with their respective sects by inventing unnecessary jobs, is becoming too costly for an ailing economy. Corruption, the bane of many developing nations, has gone beyond the limits of an aberration to become almost a way of life. Add to all that a prolonged political crisis caused by the way the sectarian system distributes power and one would have a perfect storm. Continue Reading Article


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