Lebanon urgently needs new government to avoid collapse: Hariri - Reuters:
Lebanon needs to quickly form a new government to stop a cycle of collapse and worsening economic and security conditions, caretaker prime minister Saad al-Hariri said on Monday, after a weekend of violent confrontations shook the capital.
Beirut this weekend saw the worst violence since protests against the country’s elite erupted in October, with hundreds injured as security forces deployed water cannon and rubber bullets to disperse stone-throwing protesters.
Politicians have failed to agree on a government or an economic rescue plan since the unrest pushed Hariri to quit as prime minister on Oct. 29, paralyzing efforts to recover from a crisis that has shattered confidence in banks and raised investor concerns about its ability to repay steep foreign debt.
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