The new US administration’s firmer Iran stance has raised concerns in Beirut of new sanctions aimed at Hizbollah that could destabilize its fragile economy.

The Lebanese government on 24 May reappointed Riad Salamah, the incumbent Governor of the Central Bank of Lebanon (CBL), for a fifth six-year term starting in July. His appointment comes at a critical time as the US ponders an expansion of banking sanctions against the Iran-backed Lebanese Shia party-cum-paramilitary movement...