Lebanon´s economic dependence on Saudi Arabia is dangerous
(WorldNews Iran)

Lebanese President Michel Aoun, right, speaks with Prime Minister Saad Hariri at the presidential palace Tuesday in Baabda, east of Beirut. (Dalati Nohra/Lebanese government/AP) Last month, Lebanon´s prime minister, Saad Hariri, resigned in Saudi Arabia - only to later rescind his resignation. This sparked fear of a Saudi-backed war against Hezbollah, Iran´s Lebanese ally. Riyadh has few local military assets to confront the Shiite movement but could strangle Lebanon´s small open economy. Lebanon is deeply reliant on capital inflows from the Gulf. The immediate crisis of Hariri´s premiership is over, but Lebanese economic dependency persists. It is dangerous if the country must stay in...