An architectural rendering of the new U.S. embassy premises in Awkar. The new project will cost approximately $1 billion, according to the US Ambassador to Lebanon David Hale. (US Embassy, HO)
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Lebanon’s economy only grows when the country is given a geopolitical purpose bigger than its size. This country’s first “Golden Era” was arguably ushered in during the presidency of Fouad Chehab. The US loved him and – up until 1967 – viewed Lebanon as a key partner in the fight against Communism in the Middle East, while of course keeping a close watch over our northern pipelines and refineries of the time. The US lost interest after the 1967 Arab-Israeli war and our then nascent banking industry was used by different foreign backed militias to pile up cash that financed their 1975 civil war. We, the people, paid the price. Skipping our dark days, the proverbial Lebanese economic phoenix began rising again in 1992 only a couple of years after the fall of the Berlin Wall. Once again, the US had a man they could work with in the late
Yes, I read you my friend.Correlating the building of a $1 billion Embassy with a decision to support Lebanon during these dark days of our history may indicate that we have begun seeing the light at the end of the tunnel. On the other hand let me say it outright, and for the umpteenth time. As long as the ” force feeding policy”: of our public debt does not change, and no clear cut Reform Program has been agreed upon and adopted, Lebanon’s existence as an independent nation will remain a myth and a figment of the imagination.Our current financial problems, and our incapacity to resolve our waste treatment conundrum, let alone our failure to elect a President are there to support my reasoning.
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Yes, I read you my friend.Correlating the building of a $1 billion Embassy with a decision to support Lebanon during these dark days of our history may indicate that we have begun seeing the light at the end of the tunnel. On the other hand let me say it outright, and for the umpteenth time. As long as the ” force feeding policy”: of our public debt does not change, and no clear cut Reform Program has been agreed upon and adopted, Lebanon’s existence as an independent nation will remain a myth and a figment of the imagination.Our current financial problems, and our incapacity to resolve our waste treatment conundrum, let alone our failure to elect a President are there to support my reasoning.
Comments are closed.