Kenneth Rijock

Kenneth Rijock

Sunday, December 11, 2011

BOMBINGS OF UN PEACEKEEPERS IN LEBANON MAY INDICATE INCREASED COUNTRY RISK

A roadside bomb injured five French peacekeepers serving with UNIFIL in Lebanon. The device, believed to be command-detonated, was employed near Tyre, in southern Lebanon. It is the third time this year that United Nations forces in Lebanon were injured by this type of explosion, which has been attributed by many sources to agents working for the Government of Syria.

Lebanon, beset by the problems of the Hariri investigation, Hezbollah's increased saber-rattling and vocal support of the Syrian regime, and internal political turmoil, presents a major headache for country risk assessors*. Another civil war, a second armed conflict between Hezbollah and Israel, and possible spillover of the Syrian violence, all threaten stability of the financial centre in Beirut.
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*Is Lebanon now High Risk ? Kenneth Rijock's Financial Crime Blog, 2 October, 2011;  Raise Country Risk on Lebanon, Kenneth Rijock's Financial Crime Blog, 30 November, 2011.

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