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Money laundering, fraud, and embezzlement land former Lebanese central bank governor in jail

The career of former Central Bank Governor Riad Salameh has transformed from that of a "financial savior" for Lebanon and a symbol of economic stability, to that of an accused embezzler

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The career of former Central Bank Governor Riad Salameh has transformed from that of a “financial savior” for Lebanon and a symbol of economic stability to that of an accused embezzler and corrupt official at both the local and international levels, after he was arrested on charges of committing financial crimes related to a brokerage firm. This is his first arrest after years of accusations, and he was transferred to the General Directorate of Internal Security Forces prison in Ashrafieh.

Salameh, 73, served as governor of Lebanon's central bank for 30 years, but his final months were marred by accusations of financial crimes, including illicit enrichment through public funds, from authorities in Lebanon and several other countries.

The authorities arrested the former governor of Lebanon’s central bank on charges of money laundering, fraud and embezzlement related to Optimum Invest between 2015 and 2018, a Lebanese company that provides brokerage services related to income.

The charges brought against Salameh today differ from previous financial crimes he was accused of committing in connection with Fawry Associates, a company controlled by Salameh's brother, Raja. The brothers were accused of using Fawry to embezzle $330 million in public funds through kickbacks.

Another judicial source said he would be held for four days as a "precautionary measure" before the case was transferred to the public prosecutor in Beirut.

The judicial source said: “Salameh was arrested at the Palace of Justice in Lebanon following a hearing regarding the central bank’s dealings with Optimum Invest.”.

The source added that Optimum dealt with the Lebanese Central Bank to buy and sell treasury bonds and quick-yield certificates of deposit to make large profits.

For her part, the CEO of Lebanese company Optimum Invest, Reine Abboud, said that the company was not summoned to today's (Tuesday's) session and that she heard about Salameh's arrest from the media.

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Meloni attacks Iran and Macron strengthens nuclear ties: Developments on the international scene

Georgia Meloni asserted that Iran's attacks on the Gulf states were unjustified, while Macron announced the strengthening of the French nuclear arsenal to ensure independent European defense.

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Meloni attacks Iran and Macron strengthens nuclear ties: Developments on the international scene

Italian Prime Minister Giorgia Meloni reaffirmed her country's firm stance on tensions in the Middle East on Monday, emphasizing that Iran's attacks on Gulf states are "completely unjustified." These remarks, reported by the Italian news agency AKI, highlight growing European concern over Iran's destabilizing activities in the region.

In a related context, Meloni pointed out that the United States and Israel resorted to military options against Iran as a direct result of the failure of diplomatic efforts and agreements concerning Tehran's nuclear program. The Italian official clarified a crucial point regarding the European position, emphasizing that European countries were not involved in the attacks, reflecting the differing roles of Western powers in dealing with the Iranian nuclear issue.

Context of regional tensions and Gulf security

Meloni's remarks come at a time of geopolitical uncertainty in the region. European countries, including Italy, have long considered the security of the Gulf states an integral part of global security and international energy security. The collapse of the nuclear agreement (the Joint Comprehensive Plan of Action) has opened the door to multiple scenarios, with Washington and Tel Aviv seeing a need to contain Iranian influence, while Europe often seeks to maintain open diplomatic channels despite condemning Iran's aggressive behavior.

Macron and the move towards strengthening European defense

Meanwhile, and in parallel with the Italian statements, France has taken escalating steps to bolster its defense system. French President Emmanuel Macron affirmed on Monday his country's determination to strengthen its nuclear warhead arsenal. This came during a strategic address delivered at the Île Longue nuclear submarine base in Crozon, where he emphasized that modernizing and strengthening France's nuclear deterrent has become "indispensable" in light of current international developments.

Macron did not limit himself to discussing domestic French affairs, but extended his vision to the continent, indicating that Europe urgently needs to play a larger and more independent role in its own defense, rather than relying entirely on external allies. The French president added that there is growing consensus around this vision, noting that Germany has already expressed its approval of this new strategic direction, thus paving the way for deeper and more integrated European military cooperation to address future challenges.

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Eight US soldiers killed; Rubio comments on the attack against Iran

US Central Command announces the deaths of eight American service members in combat operations. Secretary of State Marco Rubio describes the attack on Iran as preemptive and calls for regime change in Tehran.

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Eight US soldiers killed; Rubio comments on the attack against Iran

The US Central Command announced in an urgent official statement that six US soldiers were killed in intense combat operations during the past 48 hours, bringing the total number of casualties among US forces in light of the ongoing escalation.

The command explained in its statement that as of 4:00 PM Eastern Time on March 2, six U.S. service members had been confirmed killed in action. The statement added an important detail regarding search and rescue efforts, confirming that U.S. forces had recently recovered the remains of two service members previously listed as missing from a military facility that was directly targeted during the first wave of Iranian attacks in the region, bringing the total number of confirmed fatalities in this context to eight.

Central Command noted that major combat operations are still ongoing on several fronts, and affirmed its commitment to the strict Department of Defense protocol that requires withholding the identities of fallen soldiers for 24 hours, in order to ensure that their families are formally and properly notified before the names are published in the media.

Marco Rubio's statements and political stance

On the other hand, in a political comment reflecting the severity of the situation, US Secretary of State Marco Rubio told reporters that Washington hopes the Iranian people will be able to overthrow the government in Tehran. Rubio emphasized that the US military actions and attacks on targets linked to Iran are part of a "preemptive operation" aimed at protecting US interests and preventing Tehran from escalating the conflict, stressing that the mission's objective goes beyond traditional deterrence to attempting to alter the security equation in the region.

Context of escalation and its regional impact

This announcement comes at a time of heightened geopolitical tension in the Middle East. The high number of American casualties in such a short period (48 hours) represents a dangerous escalation that could signal a new phase of direct confrontation. Historically, US forces in the region have been subjected to sporadic attacks, but this number of casualties, coupled with the recovery of remains of missing personnel, indicates an increased intensity of fire and a more precise targeting pattern.

International observers believe that Secretary Rubio's statements about "overthrowing the government" and his characterization of the attacks as "preemptive" reflect a shift in the US administration's political doctrine toward a more assertive approach. This escalation not only has military repercussions but also casts a shadow over the stability of global energy markets and the security of shipping lanes, presenting the international community with significant challenges in containing the situation before it spirals into a full-blown regional war.

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Six US soldiers killed and Tehran bombed on the fourth day of the war

Developments in the war with Iran: 6 American soldiers killed, the Israeli army requests the evacuation of areas in Tehran, and Marco Rubio sets targets for destroying Iranian missile and naval capabilities.

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Six US soldiers killed and Tehran bombed on the fourth day of the war

The ongoing conflict between the United States and Israel on one side, and Iran on the other, entered its fourth day amidst an unprecedented military escalation. Intense military operations continued on Tuesday, including heavy airstrikes targeting the Iranian capital, Tehran. These attacks focused particularly on strategic military sites, while Tehran continued its retaliatory strikes, launching missile barrages targeting Tel Aviv and several other vital locations.

American casualties and developments on the ground

In a significant development indicating an escalation of the ground and air confrontation, the US Central Command officially announced the deaths of six US service members during combat operations in the ongoing conflict with Iran. While the command did not disclose precise details about the location or circumstances of the soldiers' deaths, this announcement represents a turning point that could lead to fundamental changes in the rules of engagement in the coming days.

Concurrently with these developments, the Israeli military issued urgent warnings to residents of Tehran, urging them to evacuate immediately and specifying certain areas deemed dangerous to civilians. The warning specifically targeted residents living near the headquarters of the Iranian state broadcaster, suggesting an intention to target government media and communications centers as part of a new wave of airstrikes aimed at crippling the regime's vital capabilities.

Strategic goals and political stance

On the political and diplomatic front, US Secretary of State Marco Rubio clearly outlined the objectives of this war. In press statements, Rubio expressed his personal support for the idea of ​​regime change in Tehran, saying, "We hope that the Iranian people will be able to overthrow this government and establish a new future for that country, and we would be happy if that could be achieved." However, Rubio was careful to distinguish between his political aspirations and the stated military objectives, emphasizing that "the goal of this military mission is to destroy their ballistic missile and naval capabilities" to neutralize the Iranian threat to the region.

The context of the conflict and its regional repercussions

This direct military escalation brings to an end a long era of "shadow wars" and proxy conflicts that have characterized relations between the warring parties for decades. The shift to direct targeting of capitals (Tehran and Tel Aviv) places the entire Middle East region before open and complex scenarios. Observers believe that the American-Israeli focus on destroying missile and naval capabilities aims to secure international waterways and protect allies in the region from long-range aerial threats, which could redraw the region's security map for years to come.

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