Lebanon

One killed, 9 wounded in shooting incident in northern Lebanon

Beirut - One person was killed and nine others, including three soldiers, were wounded in an incident Friday that began when a car failed to stop at a military checkpoint in the northern city of Tripoli, Lebanese army sources said.

"Lebanese troops opened fire as the Renault 18 failed to abide by orders to stop at the army checkpoint," one army source said.

According to initial reports by the army, the driver of the car, who was wounded, and the other two men who were in the vehicle were drunk at the time. All were arrested.

Almost simultaneously, a man identified as Ahmed al-Zoubi was killed when he fired at the army checkpoint, prompting the troops to return fire.

French premier urges Lebanon to work towards national reconciliation

Beirut  - Visiting French Prime Minister Francois Fillon urged Lebanon Thursday to work on the process of national reconciliation.

"The agreement reached in Doha among the squabbling political factions in May had put the country on a promising path," Fillon, who was on a two-day visit, said during a joint media briefing with his Lebanese counterpart.

On May 21, Qatar brokered a deal that put an end to an 18-month political crisis that brought Lebanon close to civil war.

In September, a national dialogue among the Lebanese rival factions began, with a second round held this month and more talks set for December.

As world economies tumble, Lebanon boasts benefits

Beirut, LebaneseBeirut - Lebanese banks have managed not only to survive the effects of the global economic crisis, but the country has even registered gains in its banking sector.

The head of research at Byblos Bank Group, one of Lebanon's biggest banks, Nassib Ghobriel, believes that the country's solid banks present "an attractive alternative to depositors lacking confidence in other international institutions during the financial crisis."

Lebanese premier: Security is key to weathering financial crisis

Beirut, LebanonBeirut - Lebanese Prime Minister Fouad Seniora stressed at a conference in Beirut Thursday that security and stability are the key to healthy financial growth in the country.

The Friends of Lebanon for Investment and Finance conference, which was attended by 500 participants from 15 Arab and international institutions, was set to address the global financial crisis and its local repercussions and to explore investment opportunities in Lebanon.

Jimmy Carter to visit Lebanon

Jimmy CarterBeirut - Former US President Jimmy Carter is scheduled to visit Lebanon in Decem

British Foreign Secretary Miliband hopes for stability in Lebanon

David MilibandBeirut - Visiting British Foreign Secretary David Miliband started official talks with Lebanese leaders Wednesday, saying he hoped that stability would prevail in Lebanon until the upcoming parliamentary election due in May 2009.

"The entire world is looking at the upcoming parliamentary elections where politics, not violence, should determine Lebanon's future relations," Miliband said after meeting Lebanese President Michel Suleiman.

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