Saudis proxy war threatens Lebanons stability
Saudi Arabia risks committing the original sin of modern Middle East politics fighting its regional wars in Lebanon and driving that fragile country once again toward civil strife.
Saudi Crown Prince Mohammed bin Salmans target in Lebanon is Hezbollah, the nations dominant political force, which is backed by the Saudis nemesis, Iran. Unwilling to risk a direct shot at Tehran, the crown prince is instead attacking Irans clients in Beirut.
The proxy battle has escalated over the past week. First, the Saudis pressured Lebanese Prime Minister Saad Hariri to resign last Saturday; hours later, MBS, as the 32-year-old crown prince is known, launched sweeping arrests of rival princes and business leaders in Riyadh, creating an uproar across the region. On Thursday, the Saudi government told its citizens to leave Lebanon and advised against future travel there.
For a Sunni Arab world that fears and loathes Iran, the moves by MBS will probably be popular. Hes emerging as the strongest (if also the most impulsive) Sunni leader in decades, exercising a kind of raw power at home and in the region that hasnt been seen since Iraqs Saddam Hussein.
The Saudi moves have rattled the Lebanese political class but havent panicked the financial sector. Riad Salameh, the governor of Lebanons central bank for the past 25 years, said last weekend that the monetary authorities had over $43 billion in reserves, enough to ensure stability. That calmed the markets.
Lebanese officials fear that whats next is a broader economic quarantine on Lebanon, much as Saudi Arabia has imposed on Qatar. Lebanese sources told me Thursday in telephone interviews that the Saudis want to force Hezbollah to leave the Cabinet and Parliament. Thats understandable for Riyadh, but not realistic.
Saudi Arabias real leverage is that about 500,000 Lebanese work in the Gulf, sending home roughly $3 billion annually, a tide of remittances that keeps Lebanons financial and property markets afloat. If those Lebanese were expelled, a dramatic downward spiral would begin.
For Lebanon, this is a familiar story. Since the 1950s, regional and global powers have manipulated the countrys all-too-pliable sects for their own advantage.
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