Prime Minister-designate

Tycoon Mikati Leads Lebanon's First Government in a Year

Lebanese prime minister Najib Mikati succeeded in forming a cabinet on Friday in negotiations with President Michel Aoun, over a year after the last one resigned. Lebanon is in the throes of a deep economic meltdown that is threatening its stability. Its financial crisis has been dubbed by the World Bank as one of the deepest depressions of modern history.

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