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Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Lebanon’s parliament has elected the US-backed army chief to be the country’s new president, ending a years-long political stalemate and presidential vacuum.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns. Army chief Joseph Aoun was voted president after two rounds of voting. This came after a robust efforts by Saudi Arabia and the United States to rally support for Aoun, who is close to Washington and Riyadh.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. After he was declared president, Aoun effectively stepped down as army chief. He arrived in parliament to be sworn in dressed in civilian clothing.

In his acceptance speech, Aoun hailed the dawn of a “new era” in Lebanon, vowing to disentangle the country from its myriad economic and political crises. He also made a rare promise to “monopolize weapons” under the mandate of the state, a clear allusion to the arsenal of the Iran-backed militant group Hezbollah.

Hezbollah is the best armed militant group in the Middle East, and until a devastating war with Israel last fall, wielded influence across at least three countries.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The heavy blows dealt by Israel during the conflict, coupled with the downfall of its ally Syrian President Bashar al-Assad in December, severely weakened Hezbollah, reviving a long-standing domestic debate about the group’s disarmament.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The US-brokered ceasefire agreement signed on November 27 also stipulates that Hezbollah must withdraw from the border region with Israel, further undermining its military position. Israeli forces are also required to leave Lebanese territory by the end of January under the terms of the agreement.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The Lebanese army did not participate in the all-out war with Israel but is a key player in the implementation of the ceasefire agreement.

“The Lebanese state – I repeat the Lebanese state – will get rid of the Israeli occupation,” Aoun said his speech. The new president also raised the specter of a Lebanese “defensive strategy” against Israel – officially classified as an enemy state – without Hezbollah. The armed group was long considered the de facto military force tasked with fighting Israel.

“My era will include the discussion of our defensive strategy to enable the Lebanese state to get rid of the Israeli occupation and to retaliate against its aggression,” said Aoun.

Lebanonhad been without a president since the end of the tenure of former President Michel Aoun – who is not related to Joseph Aoun – in October 2022. The former president was backed by Iran-supported Hezbollah. Negotiations over his successor were unsuccessful, reinvigorating tensions between the country’s pro-Western and pro-Iranian camps.

Prior to Thursday’s parliamentary sessions, there were 12 failed attempts to elect a president over the last two years.

Hezbollah’s parliamentary bloc said they had cast their ballots for Aoun during the second round of voting to promote “national cohesion,” but withheld their votes during the first round to “send a message.”

“We wanted to send a message… that we are protectors of sovereignty,” head of the Hezbollah bloc Mohammad Raad told reporters. Aoun won by 99 parliamentary votes out of 128 in the second round of votes.

Has the fundamentals of Orient Beverages Limited (507690) changed ✌️【Stock Selection】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. As part of the tiny eastern Mediterranean country’s confessional power-sharing system, Lebanon’s president is typically a Maronite Christian.

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