Tuesday, 8 March 2016

Saudi Arabia turns the screw on Lebanon’s economy - FT.com

Saudi Arabia turns the screw on Lebanon’s economy - FT.com:

"Saudi Arabia is ratcheting up a campaign against Iran’s regional Lebanese proxy Hizbollah by squeezing Lebanon’s economy — a move that could further destabilise a country on the front line of the region’s most volatile conflicts.
Lebanon has long been caught in the regional rivalry between Shia Muslim Iran and Sunni Muslim Saudi Arabia. The demographically diverse country is home to the Shia movement Hizbollah, which is fighting in neighbouring Syria’s war on behalf of President Bashar al-Assad. Meanwhile, Saudi Arabia has long-backed Lebanon’s Sunni leaders."



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