Lebanese government bonds extended their three-month-long rally on Thursday as the crisis-ravaged country's parliament voted in a new head of state for the first time since 2022.

Lebanon’s parliament has elected its US-backed army chief to be the country’s next president, ending a years-long political stalemate and presidential vacuum.

Though Lebanon’s presidency is mostly symbolic, it has a few important powers, like approving prime ministers and cabinets. In a country still haunted by the memory of civil war, symbolism is important too: how the head of state is chosen says much about the balance of power in Lebanon’s factious politics.

Lebanon's parliament elected army chief Joseph Aoun head of state on Thursday, filling the vacant presidency with a general who has U.S. support and showing the weakened sway of the Iran-backed Hezbollah group after its devastating war with Israel.

The outcome showed the diminished sway of the Iran-backed Hezbollah militant group after its devastating war with Israel.

A devastating economic crisis, a political power vacuum, massive corruption and most recently the war between Hezbollah and Israel: For a long time, things were not looking good for Lebanon. But, after two years without a president,

Lebanon's 128-member parliament on Thursday elected Army commander Gen. Joseph Aoun as the country's new president after the post remained vacant for more than 26 months.

Lebanon’s parliament is set to convene Thursday to attempt to elect a head of state for the 13th time during a presidential vacuum of over two years

Lebanon's Army chief General Joseph Aoun, attends a news conference to launch a Livelihood Support Program for the Lebanese army and Internal Security Forces (ISF) hosted by the United Nations Development Programme (UNDP) in partnership with the U.

Lebanese political heavyweights held talks Wednesday a day ahead of a parliamentary session to elect a president, but even with key player Hezbollah weakened by war, there is no guarantee