Mexico's inflation exceeds expectations in 1st half of April    Egypt's gold prices slightly down on Wednesday    Tesla to incur $350m in layoff expenses in Q2    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Macron tells donor conference: 'Lebanon's future is at stake'
Published in Ahram Online on 09 - 08 - 2020

World powers have a duty to support the Lebanese people after a massive blast devastated their capital as the country's future is at stake, French President Emmanuel Macron told an emergency donors conference on Sunday.
Lebanon's debt-laden economy was already mired in crisis and reeling from the coronavirus pandemic before the port explosion, which killed 158 people. But foreign governments are wary about writing blank cheques to a government perceived by its own people to be deeply corrupt.
In opening remarks to an online donor conference he co-organised, Macron said the international response should be coordinated by the United Nations in Lebanon.
"Our task today is to act swiftly and efficiently, to coordinate our aid on the ground so that this aid goes as quickly as possible to the Lebanese people," Macron said via video-link from his summer retreat on the French Riviera.
The president said the offer of assistance included support for an impartial, credible and independent inquiry into the Aug. 4 blast, which has prompted some Lebanese to call for a revolt to topple their political leaders.
The explosion gutted entire neighbourhoods, leaving 250,000 people homeless, razing businesses and destroying critical grain supplies.
Rebuilding Beirut will likely run into the billions of dollars. Economists forecast the blast could wipe up to 25% off of the country's GDP.
Many Lebanese are angry at the government's response and say the disaster highlighted the negligence of a corrupt political elite. Protesters stormed government ministries in Beirut and trashed the offices of the Association of Lebanese Banks on Saturday.
TRUMP: "EVERYONE WANTS TO HELP"
Macron visited Beirut on Thursday, the first world leader to do so after the explosion, and promised humanitarian aid would come but that profound political reform was needed to resolve the country's problems and secure longer term support.
"I guarantee you, this (reconstruction) aid will not go to corrupt hands," Macron told the throngs who greeted him.
There has been an outpouring of sympathy for Lebanon from around the world this week and many countries have sent immediate humanitarian support such as a medical supplies, but there has been an absence of financial aid commitments so far.
Macron said the international community had a duty to help.
"Our role is to be by their sides," he said. "Lebanon's future is at stake."
A Macron aide declined on Saturday to set a target for the conference. Emergency aid was needed for reconstruction, food aid, medical equipment and schools and hospitals, the official said.
Israel and Iran were not taking part in the video-link conference, the Elysee Palace official said.
U.S. President Donald Trump will participate. "Everyone wants to help!" he tweeted. ($1 = 0.8485 euros)


Clic here to read the story from its source.