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Lebanon political crisis threatens economic gains

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The political crisis in Lebanon is threatening to derail economic progress after a year that saw 7 percent economic growth, a record number of tourists and bank deposits among the highest in the Middle East.

 

Lebanon's Western-backed government collapsed January 12 after Hezbollah and its allies resigned from the Cabinet in a dispute over a UN court investigating the 2005 assassination of former Lebanese Prime Minister Rafik Hariri. (AP)

 

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