ASSESSMENTS

Lebanon: Reconstruction and Rivalry

Aug 31, 2006 | 03:24 GMT

Summary

Lebanese Finance Minister Jihad Azour warned Aug. 30 that the country could sink into a recession in the wake of $15 billion worth of destruction wrought by Israeli bombing during the 34-day conflict with Hezbollah and the continuing Israeli blockade. As Lebanon is rebuilt, an array of regional rivalries will emerge as Saudi Arabia, Qatar and Iran shop for influence in the country.

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