WILL ISRAELI ATTACK ON SYRIAN MISSILES BOUND FOR HEZBOLLAH AFFECT COUNTRY FOR FOR LEBANON ?

The Israeli Air Force has reportedly attacked a convoy traveling to Lebanon, inside Syria, believe to be transporting either surface-to-air missiles, or long-range missiles, destined for Hezbollah. This is not the first such attack, conducted by Israel, and within Syrian territory, to prevent Hezbollah from acquiring missiles that present a clear and danger to Israel, or its armed forces. It is undetermined whether the attack was launched from Lebanese airspace, but there was a huge amount of Israeli Air Force traffic in the region at the time, according to Lebanese sources.

The question is whether this incident will further destabilise Lebanese internal politics, by provoking a domestic Lebanese reaction against Hezbollah, and its pro-regime role in Syria. Tempers remain extremely high amongst those political parties who see Hezbollah as dragging Lebanon into another conflict with Israel, and one in which war damage will not be limited to the Shiite-controlled south, but country-wide, including the downtown Beirut business and financial district, according to warnings issued by the Government of Israel.

For that reason, you may want to take another hard look at your assessment of Country Risk for Lebanon, and make adjustments accordingly.