The Biden administration has finally woken up to the danger of disregarding the economic crisis in Lebanon, hitherto considering the country a small, insignificant and secondary theatre in its geopolitical calculus. However, this awakening could yet come too late and at too high a cost. It may also lack momentum, vitality and the kind of strategic vision so desperately required right now.
Biden administration officials are insisting that the election of a hard-liner as Iran’s president won’t affect prospects for reviving the faltering 2015 nuclear deal with Tehran. But there are already signs that their goal of locking in a deal just got tougher. Optimism that a deal was imminent faded as the latest talks ended Sunday without tangible indications of significant progress.