LEBANON
 
GCC Measures Against Hizbollah Could Undermine Lebanese Economy
 
The Gulf Cooperation Council’s (GCC’s) condemnation of Hizbollah’s intervention in the Syrian crisis on 10 June and the subsequent GCC Council decision to take measures against Hizbollah loyalists’ “residencies as well as their financial and trade transactions” could have serious economic implications for Lebanon, analysts and economists in Beirut warn.
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