Economy / Lebanon
Lebanon
April 2008 | Risk SummaryMuch has been made of the question of the presidency, and indeed, the election of a leader would certainly boost the country's ratings in the short term. But what would be next? If the opposition get their way, then the so-called national unity government is likely to be largely ineffective, with the reform process frozen by the opposition's 'blocking third'. If the opposition do not get their way, and March 14 takes a controlling stake in the cabinet, the opposition are unlikely to simply stand back and wait for the next elections. Ongoing protests and sporadic violence will continue,
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