Lebanon’s Prime Minister resigns

Prime Minister Najib Mikati has resigned, according to Reuters. The Wall Street Journal has more details.

Mr. Mikati’s resignation came as a result of a disagreement with the cabinet over extending the mandate of the Internal Security Forces Chief Maj. Gen. Ashraf Rifi.

He has been Prime Minister on two separate occasions.

Author: Adam Button

Adam Button is the editor of ForexLive™. He was previously the chief currency strategist at XForex and has also worked with Intermarket Strategy. Adam believes deeply in the value of knowing every tidbit of news. He has a background in journalism and was formerly the head of the markets team at the Canadian Economic Press. He is a graduate of Ryerson University and completed Level 1 of the CFA program. Adam lives in Montreal, follow him on Twitter: @FX_Button.

4 Comments

  1. Is it me or anyone also having problem opening recent comments page.??

  2. Yep; that’s right Adam (Greetings from Lebanon :) ). The reason of the resignation is an internal conflict with other government factions over the renewal to the term of the current Internal Security Forces chief, and also because of their refusal to agree on forming an internal supervisory committee over the parliamentary elections before the new elections law is agreed upon.

  3. Dinesh, we’ve been having problems with it all week.

  4. As a work around guys for the Recent Comments link not working, you can use this link instead: http://www.forexlive.com/wp-admin/edit-comments.php

    (but you need to register before for a wordpress forexlive account).

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