Lebanon MPs meet to elect new president amid economic crisis ...Middle East

BEIRUT: The Lebanese parliament met Thursday to elect a new president, with no consensus on a successor to outgoing head of state Michel Aoun despite an unpredecedented financial crisis.Deep divisions among MPs have raised fears Lebanon could be left without a president for months after Aoun’s mandate runs out at the end of October, further undermining creditor confidence.The incumbent’s own election in 2016 came after a 29-month vacancy at the presidential palace as lawmakers made 45 failed attempts to reach consensus on a candidate.Under Lebanon’s longstanding confessional power-sharing system, the presidency is reserved for a Maronite Christian.No candidate has emerged as a front-runner b

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